Brick Duplex with Finished
For Sale
$759,000
65 Amber Street, Staten Island, NY 10306
Residential, Staten Island, NY
Property Size1,296 SF
Lot Size0.06 Acres
Price / SF$585.65
Days on Market9
Property Features for 65 Amber Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
Driveway, On Street, Off Street
Patio and Porch features
Deck
Fencing
Fenced, Chain Link
Basement
Full, Finished
Appliances
Dishwasher, Refrigerator
Lot features
Front Yard, Back Yard, Side
Subdivision
Oakwood
Standard status
Active
APN
04369-0073
Size
1,296 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
4081
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
finished basement
Building Details
Year built
1965
Floors in Building
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
James Molinell
(917) 836-8019
Added: Sep 23
Changed: Sep 30
Last Checked: Oct 1 at 5:06PM
MLS# 2605388
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 Colonial-style duplex was built in 1965 and provides 1,296 square feet of property space on a 0.0597-acre lot. The residence includes three bedrooms, two bathrooms, a combined living and dining area, and a finished basement that adds flexible interior space. Sliding doors connect the living areas with the yard and deck. Brick and vinyl siding form the exterior, while forced-air natural gas heat and central air conditioning serve the property. A dishwasher and refrigerator are included, and the property has a public sewer connection.
Located at 65 Amber Street in Staten Island, the property is within ZIP Code 10306 and offers driveway, off-street, and on-street parking. The lot is fenced with chain-link fencing, providing an enclosed outdoor area. R3-1 zoning is identified for the property.
Located at 65 Amber Street in Staten Island, the property is within ZIP Code 10306 and offers driveway, off-street, and on-street parking. The lot is fenced with chain-link fencing, providing an enclosed outdoor area. R3-1 zoning is identified for the property.
Key Highlights
- 1,296 square feet on a 0.0597‑acre lot
- Three bedrooms and two bathrooms
- Finished basement with additional interior space
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
$32,920
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
4.34%
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%
$658,400
$658.4K
Cap Rate 7%
$470,286
$470.3K
Cap Rate 9%
$365,778
$365.8K
Market Conditions
NOI Build-Up for 1,296 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
$49.8K $38.40/SF
− Vacancy
−$2.7K −$2.11/SF
EGI
$47.0K $36.29/SF
− OpEx
−$14.1K −$10.89/SF
NOI
$32.9K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
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%
$658,400
Cap Rate 7%
$470,286
Cap Rate 9%
$365,778
Alternative Uses
Best Use
Multifamily LT 5
$470.3K
$411.5K – $548.7K
NOI $32,920 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$417.9K
$365.7K – $487.6K
NOI $29,253 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$618.4K
$541.1K – $721.5K
NOI $43,287 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Colonial-style duplex with a finished basement, private driveway, deck, and central air conditioning.
Where is this duplex located?
The property is located at 65 Amber Street Staten Island, NY.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 1,296 square feet on a 0.0597‑acre lot; Three bedrooms and two bathrooms; Finished basement with additional interior space
