Detached Two-Family
For Sale
Contact for pricing
Pending
636 Klondike Avenue, Staten Island, NY 10314
Detached two-family property with separate residences and residential R3X zoning.
Property Size2,312 SF
Lot Size0.10 Acres
Days on Market15
Property Features for 636 Klondike Avenue
General Information
Standard status
Pending
Size
2,312 SF
Lot size
0.10 Acres
Property subtype
Multifamily
Zoning
R3X
Units
Unit Mix
1 x 3BR/3BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1970
Buildings
1
Stories
2
Units
2
Listing Agency:
HOMETIME ESTATES LLC
Listed By:
JON GOLDSTEIN · License #2077493
(917) 751-5921
Source:
Crexi
Added: Aug 21
Changed: Sep 3
Last Checked: Aug 28 at 9:06PM
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 HOMETIME ESTATES LLC
Investment Insights
Based on property information with market context.
This detached duplex, built in 1970, contains 2,312 square feet on a 42 x 105 lot. The larger residence includes 3 bedrooms and 3 bathrooms, while the second unit provides 2 bedrooms and 1 bathroom, creating a clearly defined two-unit configuration.
The property is located near Staten Island Mall, restaurants, shopping, and public transportation, including bus service. Residential R3X zoning supports the property’s multifamily classification.
The property is located near Staten Island Mall, restaurants, shopping, and public transportation, including bus service. Residential R3X zoning supports the property’s multifamily classification.
Key Highlights
- 2,312‑square‑foot detached duplex built in 1970
- Two residences: 3‑bedroom/3‑bathroom unit and 2‑bedroom/1‑bathroom unit
- Situated on a 42 x 105 lot
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
$63,059
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
6.50%
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%
$1,261,180
$1.3M
Cap Rate 7%
$900,843
$900.8K
Cap Rate 9%
$700,656
$700.7K
Market Conditions
NOI Build-Up for 2,312 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
$94.3K $40.80/SF
− Vacancy
−$4.2K −$1.84/SF
EGI
$90.1K $38.96/SF
− OpEx
−$27.0K −$11.69/SF
NOI
$63.1K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /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%
$1,261,180
Cap Rate 7%
$900,843
Cap Rate 9%
$700,656
Alternative Uses
Best Use
Multifamily LT 5
$900.8K
$788.2K – $1.05M
NOI $63,059 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$835.3K
$730.9K – $974.6K
NOI $58,473 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$1.10M
$965.3K – $1.29M
NOI $77,221 @ 7.0% cap · market cap 7.96%
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
1,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family property with separate residences and residential R3X zoning.
Where is this duplex located?
The property is located at 636 Klondike Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $969,999.
What are key features of this property?
This property features: 2,312‑square‑foot detached duplex built in 1970; Two residences: 3‑bedroom/3‑bathroom unit and 2‑bedroom/1‑bathroom unit; Situated on a 42 x 105 lot
