Duplex with Private In-Ground
For Sale
$879,000
Pending
65 Pond Street, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size1,611 SF
Lot Size0.08 Acres
Days on Market52
Property Features for 65 Pond Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3X
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Parking features
Off Street, Driveway, Garage
Pool private
1
Interior features
Ceiling Fan(s)
Basement
Finished
Lot features
Back Yard
Subdivision
Woodrow
Standard status
Pending
APN
6164-0071
Size
1,611 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
8382
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
in-ground pool
Building Details
Year built
1999
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Red Door Realty Group
(718) 987-3667
Listed By:
Desiree Cannuci · License #1040129428
(917) 709-7623
Added: Aug 1
Changed: Sep 13
Last Checked: Sep 21 at 10:06PM
MLS# 2604328
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 two-family property at 65 Pond Street includes a three-bedroom main residence with an eat-in kitchen, custom finishes, high ceilings, and an attached garage with additional family-room space. A separate studio or one-bedroom area adds flexibility to the overall layout. The property also features a private in-ground pool, a three-car driveway, garage parking, and off-street parking.
Built in 1999, the home has Colonial styling with aluminum, stucco, and vinyl siding. Central air conditioning and natural-gas forced-air heating support year-round comfort, while public sewer serves the property. The 1,611-square-foot residence sits on 0.0782 acres and is zoned R3X in Staten Island, NY 10309.
Built in 1999, the home has Colonial styling with aluminum, stucco, and vinyl siding. Central air conditioning and natural-gas forced-air heating support year-round comfort, while public sewer serves the property. The 1,611-square-foot residence sits on 0.0782 acres and is zoned R3X in Staten Island, NY 10309.
Key Highlights
- Two‑family property with a three‑bedroom main residence
- Additional studio or one‑bedroom living area
- Private in‑ground pool
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
$40,063
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
4.56%
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%
$801,260
$801.3K
Cap Rate 7%
$572,329
$572.3K
Cap Rate 9%
$445,144
$445.1K
Market Conditions
NOI Build-Up for 1,611 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
$59.9K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$57.2K $35.53/SF
− OpEx
−$17.2K −$10.66/SF
NOI
$40.1K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$801,260
Cap Rate 7%
$572,329
Cap Rate 9%
$445,144
Alternative Uses
Best Use
Multifamily LT 5
$572.3K
$500.8K – $667.7K
NOI $40,063 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$510.4K
$446.6K – $595.4K
NOI $35,726 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$768.7K
$672.6K – $896.8K
NOI $53,808 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with a three-bedroom main home, additional studio or one-bedroom space, and flexible off-street parking.
Where is this duplex located?
The property is located at 65 Pond Street Staten Island, NY.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two‑family property with a three‑bedroom main residence; Additional studio or one‑bedroom living area; Private in‑ground pool
