Renovated Duplex with
New
For Sale
$1,399,000
65 Oak Lane, Staten Island, NY 10312
Residential, High Ranch, Staten Island, NY
Property Size3,120 SF
Lot Size0.16 Acres
Price / SF$448.40
Days on Market2
Property Features for 65 Oak Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 6
Parking features
Garage - Attached
Patio and Porch features
Deck
Interior features
Deck, Dryer, Laundry Area, Pool, Refrigerator, Stove, Washer
Basement
Finished
Subdivision
Arden Heights
Standard status
Active
Size
3,120 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
9315
Amenities
pool
terrace
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Wood Frame
Architectural style
Ranch
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Catherine Favara
(718) 787-4110
Added: Sep 8
Last Checked: Sep 9 at 5:06PM
MLS# 504281
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 3,120-square-foot duplex sits on a 0.163-acre parcel within a private community lane. The primary residence is arranged across split levels and includes a renovated kitchen with a 6'x3' island, open living and dining areas, multiple bedrooms, updated bathrooms, laundry space, and a terrace overlooking the pool. Additional finished areas include bedrooms, a living room, and a bathroom in the basement. The second apartment has a separate side entrance, living space, bedroom configuration, kitchen, and bathroom.
Property improvements include upgraded electrical service, a new heating unit, 2 new hot water tanks, a new roof, new siding, and recently installed flooring. Outdoor features include a 16'x32' pool, a 6-car private driveway, an attached 1-car garage with a new door, and a deck. Built in 1984, the wood-frame residence is located at 65 Oak Lane in Staten Island and carries R3-1 zoning.
Property improvements include upgraded electrical service, a new heating unit, 2 new hot water tanks, a new roof, new siding, and recently installed flooring. Outdoor features include a 16'x32' pool, a 6-car private driveway, an attached 1-car garage with a new door, and a deck. Built in 1984, the wood-frame residence is located at 65 Oak Lane in Staten Island and carries R3-1 zoning.
Key Highlights
- Two‑family duplex with separate side entrance for the second apartment
- 3,120 square feet on a 0.163‑acre parcel
- 16'x32' private pool and deck
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
$77,098
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
5.51%
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%
$1,541,960
$1.5M
Cap Rate 7%
$1,101,400
$1.1M
Cap Rate 9%
$856,644
$856.6K
Market Conditions
NOI Build-Up for 3,120 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
$119.8K $38.40/SF
− Vacancy
−$9.7K −$3.10/SF
EGI
$110.1K $35.30/SF
− OpEx
−$33.0K −$10.59/SF
NOI
$77.1K $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%
$1,541,960
Cap Rate 7%
$1,101,400
Cap Rate 9%
$856,644
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$963.7K – $1.28M
NOI $77,098 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$969.0K
$847.9K – $1.13M
NOI $67,830 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,209 @ 7.0% cap · market cap 7.45%
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
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
321
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
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 - Two-family residence with updated interiors, private parking, a garage, and an in-ground pool.
Where is this duplex located?
The property is located at 65 Oak Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two‑family duplex with separate side entrance for the second apartment; 3,120 square feet on a 0.163‑acre parcel; 16'x32' private pool and deck
