Duplex with Basement and
For Sale
$919,000
610 Woodrow Road, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size2,640 SF
Lot Size0.23 Acres
Price / SF$348.11
Days on Market298
Property Features for 610 Woodrow Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Bedroom 2
Parking features
Off Street
Basement
Full, Unfinished
Subdivision
Annadale
Standard status
Active
APN
05717-0015
Size
2,640 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
8809
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
large yard
in-ground pool
Building Details
Year built
1987
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Brick
Listing Agency:
R. Della Realty Corp.
(718) 948-4440
Listed By:
Richard Delli Paoli · License #31DE0001221
(718) 948-4440
Added: Nov 3, 2025
Changed: Aug 19
Last Checked: Aug 28 at 8:06AM
MLS# 2506493
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.
This 2,640-square-foot duplex was built in 1987 and includes a basement, a large yard, and an in-ground pool. The property requires work and is configured for two-family residential use, with multiple bedrooms and bathrooms. Construction includes aluminum siding and brick, while natural-gas forced-air heating and central air conditioning serve the building.
Set on 0.2271 acres in Staten Island, the property has off-street parking and public sewer service. R3X zoning is identified for the site. The Woodrow Road address places the duplex within the 10312 postal area of Richmond County, New York.
Set on 0.2271 acres in Staten Island, the property has off-street parking and public sewer service. R3X zoning is identified for the site. The Woodrow Road address places the duplex within the 10312 postal area of Richmond County, New York.
Key Highlights
- 2,640‑square‑foot duplex built in 1987
- Two‑family configuration with basement
- In‑ground pool and large yard
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
7.10%
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 7.10%
Second Best
Apartment 5plus
$819.9K
$717.4K – $956.6K
NOI $57,395 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,177 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
423
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with outdoor recreation space, off-street parking, and central air conditioning.
Where is this duplex located?
The property is located at 610 Woodrow Road Staten Island, NY.
What is the asking price?
The asking price for this property is $919,000.
What are key features of this property?
This property features: 2,640‑square‑foot duplex built in 1987; Two‑family configuration with basement; In‑ground pool and large yard
