Colonial Single-Family
For Sale
$869,000
Pending
6 Arkansas Avenue, Staten Island, NY 10308
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size2,288 SF
Lot Size0.06 Acres
Days on Market130
Property Features for 6 Arkansas Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Dining Room, Family Room, Bathroom 3, Bathroom 1, Bedroom 3
Parking features
Garage, Driveway
Patio and Porch features
Deck, Patio
Interior features
Ceiling Fan(s), Fireplace
Exterior features
Gas Grill, Outdoor Grill
Fencing
Fenced
Fireplace
1
Basement
Finished, Partial
Appliances
Dryer, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Great Kills
Standard status
Pending
APN
5444-83
Size
2,288 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7696
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1993
Floors in Building
3
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Genesis Realty
(718) 980-4900
Listed By:
Francesca Miranda
(917) 692-7108
Added: Apr 28
Changed: Aug 2
Last Checked: Sep 4 at 4:06AM
MLS# 2602322
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A colonial one-family home with three bedrooms and a large living/dining room anchored by a gas fireplace. The layout includes a powder room, and a modern kitchen with refinished cabinetry, updated backsplash, granite countertops, and a new island. Off the kitchen, sliders open to a private fenced-in yard featuring an above-ground pool, with a wrap-around deck and a large patio just off the kitchen.
The master bedroom plus two additional large bedrooms are served by a full bath and a separate shower. The finished basement includes a 3/4 bath and offers a separate side entrance that can also be accessed from the garage. Washer and dryer are included, along with a garage and a private driveway for two additional cars.
Zoned R2, the property is listed for sale in Staten Island’s Great Kills area at 6 Arkansas Avenue.
The master bedroom plus two additional large bedrooms are served by a full bath and a separate shower. The finished basement includes a 3/4 bath and offers a separate side entrance that can also be accessed from the garage. Washer and dryer are included, along with a garage and a private driveway for two additional cars.
Zoned R2, the property is listed for sale in Staten Island’s Great Kills area at 6 Arkansas Avenue.
Key Highlights
- Move‑in ready 3‑bedroom colonial home built in 1993 with central air and natural gas forced‑air heating
- Gas fireplace and ceiling fans, plus modern kitchen with granite countertops and ceramic tile
- Entertain outdoors with a wraparound deck, large patio off the kitchen, fenced yard, and above‑ground pool
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,739
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,014,780
$1.0M
Cap Rate 7%
$724,843
$724.8K
Cap Rate 9%
$563,767
$563.8K
Market Conditions
NOI Build-Up for 2,288 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$96.1K $42.00/SF
− Vacancy
−$3.8K −$1.68/SF
EGI
$92.3K $40.32/SF
− OpEx
−$41.5K −$18.14/SF
NOI
$50.7K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,014,780
Cap Rate 7%
$724,843
Cap Rate 9%
$563,767
Alternative Uses
Best Use
Apartment 5plus
$724.8K
$634.2K – $845.7K
NOI $50,739 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$955.3K – $1.27M
NOI $76,420 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Colonial single-family home with three bedrooms, finished basement, and private fenced yard with above-ground pool.
Where is this single family property located?
The property is located at 6 Arkansas Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Move‑in ready 3‑bedroom colonial home built in 1993 with central air and natural gas forced‑air heating; Gas fireplace and ceiling fans, plus modern kitchen with granite countertops and ceramic tile; Entertain outdoors with a wraparound deck, large patio off the kitchen, fenced yard, and above‑ground pool
