Detached Duplex With
New
For Sale
$969,999
Pending
636 Klondike Avenue, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size2,312 SF
Lot Size0.10 Acres
Days on Market5
Property Features for 636 Klondike Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Parking features
Garage
Basement
Finished
Lot features
Back Yard
Subdivision
New Springville
Standard status
Pending
APN
02395-0007
Size
2,312 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
10321
Utilities
Sewer type
Private Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Hometime Estates LLC
(718) 524-0400
Listed By:
Jon Goldstein
(917) 751-5921
Added: Aug 20
Changed: Aug 23
Last Checked: Aug 24 at 4:06PM
MLS# 2604736
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 fully detached duplex contains 2,312 square feet and was built in 1970. The residence is arranged as two separate units: one includes 3 bedrooms and 3 bathrooms, while the other provides 2 bedrooms and 1 bathroom. Vinyl siding, central air conditioning, natural-gas forced-air heating, and a garage are among the property’s physical features. The lot measures 42 x 105 feet, with R3X zoning and private sewer service.
The property is located near Staten Island Mall, restaurants, shopping, public transportation, and bus service. Its two-unit configuration and distinct bedroom-and-bathroom layouts provide a clearly defined residential income setup within a detached structure.
The property is located near Staten Island Mall, restaurants, shopping, public transportation, and bus service. Its two-unit configuration and distinct bedroom-and-bathroom layouts provide a clearly defined residential income setup within a detached structure.
Key Highlights
- 2,312‑square‑foot detached two‑family home built in 1970
- Two‑unit layout: 3 bedrooms and 3 bathrooms in one unit; 2 bedrooms and 1 bathroom in the other
- 42 x 105‑foot lot with R3X zoning
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
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Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family property with separate living units, central air, natural-gas forced-air heat, and garage parking.
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 two‑family home built in 1970; Two‑unit layout: 3 bedrooms and 3 bathrooms in one unit; 2 bedrooms and 1 bathroom in the other; 42 x 105‑foot lot with R3X zoning
