Two-Family Home with
For Sale
$911,000
610 Woodrow Rd, Staten Island, NY 10312
Two-family residential property with basement space, an expansive yard, and an in-ground pool.
Property Size2,640 SF
Price / SF$345.08
Days on Market314
Property Features for 610 Woodrow Rd
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs work
Additional Details
Multifamily Units
2
Amenities
in-ground pool
Building Details
Year Built
1987
Listing Agency:
R. Della Realty Corp.
Listed By:
Richard Delli Paoli · License #31DE0001221
(718) 948-4440
Source:
Statenislandhomelistings
Added: Nov 1, 2025
Changed: Sep 5
Last Checked: Sep 9 at 11:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R. Della Realty Corp.
Investment Insights
Based on property information with market context.
This two-family residential property was built in 1987 and includes a basement, outdoor yard area, and an in-ground pool. The property requires work, offering a renovation-oriented configuration for a buyer seeking a residential income asset.
Located at 610 Woodrow Rd in Staten Island, NY 10312, the property is identified as a duplex within the multifamily and residential income property categories.
Located at 610 Woodrow Rd in Staten Island, NY 10312, the property is identified as a duplex within the multifamily and residential income property categories.
Key Highlights
- Two‑family residential property with basement
- In‑ground pool and large yard
- Built in 1987
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
$65,236
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
7.16%
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%
$1,304,720
$1.3M
Cap Rate 7%
$931,943
$931.9K
Cap Rate 9%
$724,844
$724.8K
Market Conditions
NOI Build-Up for 2,640 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
$101.4K $38.40/SF
− Vacancy
−$8.2K −$3.10/SF
EGI
$93.2K $35.30/SF
− OpEx
−$28.0K −$10.59/SF
NOI
$65.2K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
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%
$1,304,720
Cap Rate 7%
$931,943
Cap Rate 9%
$724,844
Alternative Uses
Best Use
Multifamily LT 5
$931.9K
$815.5K – $1.09M
NOI $65,236 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$819.9K
$717.4K – $956.6K
NOI $57,395 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,177 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residential property with basement space, an expansive yard, and an in-ground pool.
Where is this duplex located?
The property is located at 610 Woodrow Rd Staten Island, NY.
What is the asking price?
The asking price for this property is $911,000.
What are key features of this property?
This property features: Two‑family residential property with basement; In‑ground pool and large yard; Built in 1987
