Two-Family Duplex with
For Sale
$980,000
Pending
64 Tynan St, Staten Island, NY 10312
Two separate residences provide flexible living arrangements, with hardwood floors, central air, and outdoor space.
Property Size1,176 SF
Days on Market132
Property Features for 64 Tynan St
General Information
Standard status
Pending
Size
1,176 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,830
Amenities
hardwood floors
central air
pool
Building Details
Building Size
1,176 SF
Year Built
1925
Buildings
1
Stories
1
Listing Agency:
eXp Realty BKNY
Listed By:
Brian T. Ngo
(888) 276-0630
Source:
Elliman
Added: Apr 27
Changed: Aug 31
Last Checked: Sep 4 at 12:10PM
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 eXp Realty BKNY
Investment Insights
Based on property information with market context.
This two-family duplex at 64 Tynan Street includes an upper residence with 3 bedrooms and 2 bathrooms and a lower residence with 3 bedrooms and 1 bathroom. Hardwood floors extend throughout the home, while central air serves the property. The exterior includes a backyard with a pool, creating additional space for outdoor use and gatherings.
The property is near major highways, Costco Wholesale, Staten Island Mall, shopping, dining, and parks. Transit and walkability are reflected in a walk score of 72, a transit score of 56, and a bike score of 44. Built in 1925, the property offers two residential layouts within a single address and can accommodate rental use, extended household arrangements, or additional space for an owner occupant.
The property is near major highways, Costco Wholesale, Staten Island Mall, shopping, dining, and parks. Transit and walkability are reflected in a walk score of 72, a transit score of 56, and a bike score of 44. Built in 1925, the property offers two residential layouts within a single address and can accommodate rental use, extended household arrangements, or additional space for an owner occupant.
Key Highlights
- Two‑family duplex with upper 3‑bedroom, 2‑bath unit and lower 3‑bedroom, 1‑bath unit
- Backyard with pool for outdoor use and gatherings
- Hardwood floors throughout the home
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
$29,060
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
2.97%
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%
$581,200
$581.2K
Cap Rate 7%
$415,143
$415.1K
Cap Rate 9%
$322,889
$322.9K
Market Conditions
NOI Build-Up for 1,176 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
$45.2K $38.40/SF
− Vacancy
−$3.6K −$3.10/SF
EGI
$41.5K $35.30/SF
− OpEx
−$12.5K −$10.59/SF
NOI
$29.1K $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%
$581,200
Cap Rate 7%
$415,143
Cap Rate 9%
$322,889
Alternative Uses
Best Use
Multifamily LT 5
$415.1K
$363.3K – $484.3K
NOI $29,060 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$365.2K
$319.6K – $426.1K
NOI $25,567 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$561.1K
$491.0K – $654.7K
NOI $39,279 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
446
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 separate residences provide flexible living arrangements, with hardwood floors, central air, and outdoor space.
Where is this duplex located?
The property is located at 64 Tynan St Staten Island, NY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Two‑family duplex with upper 3‑bedroom, 2‑bath unit and lower 3‑bedroom, 1‑bath unit; Backyard with pool for outdoor use and gatherings; Hardwood floors throughout the home
