Two-Family Duplex with Private
For Sale
$998,000
69 Windom Avenue, Staten Island, NY 10305
Residential, Staten Island, NY
Property Size2,424 SF
Lot Size0.10 Acres
Price / SF$411.72
Days on Market52
Property Features for 69 Windom Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1
Parking features
Garage - Detached
Patio and Porch features
Patio
Interior features
A/C Unit, Patio Garden, Refrigerator, Stove
Basement
Finished
Subdivision
Arrochar
Standard status
Active
Size
2,424 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5845
Amenities
private backyard
private driveway
Building Details
Year built
1920
Number of units
2
Flooring type
Ceramic, Hardwood, Tile
Listing Agency:
Brooklyn Star Realty Inc
(718) 483-9660
Listed By:
Andy Liu
(718) 483-9660
Added: Jul 4
Changed: Aug 23
Last Checked: Aug 24 at 3:06PM
MLS# 502754
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 2,424-square-foot duplex was built in 1920 and includes two bathrooms, three bedrooms, a functional kitchen, air-conditioning units, and a mix of ceramic, hardwood, and tile flooring. The property also features a private patio, backyard, private driveway, and detached garage. Kitchen appliances include a refrigerator and stove.
Located on Windom Avenue in Staten Island’s Arrochar area, the home is near shopping, restaurants, schools, parks, public transportation, and the Verrazzano-Narrows Bridge. Bus routes serving the area include S51, S53, SIM5, SIM6, and SIM9. The property is identified as R3 zoning and occupies a 0.0987-acre lot.
Located on Windom Avenue in Staten Island’s Arrochar area, the home is near shopping, restaurants, schools, parks, public transportation, and the Verrazzano-Narrows Bridge. Bus routes serving the area include S51, S53, SIM5, SIM6, and SIM9. The property is identified as R3 zoning and occupies a 0.0987-acre lot.
Key Highlights
- 2,424‑square‑foot duplex on a 0.0987‑acre lot
- Built in 1920 with R3 zoning
- Three bedrooms and two bathrooms
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
$63,643
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
6.38%
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%
$1,272,860
$1.3M
Cap Rate 7%
$909,186
$909.2K
Cap Rate 9%
$707,144
$707.1K
Market Conditions
NOI Build-Up for 2,424 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
$98.9K $40.80/SF
− Vacancy
−$8.0K −$3.29/SF
EGI
$90.9K $37.51/SF
− OpEx
−$27.3K −$11.25/SF
NOI
$63.6K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
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%
$1,272,860
Cap Rate 7%
$909,186
Cap Rate 9%
$707,144
Alternative Uses
Best Use
Multifamily LT 5
$909.2K
$795.5K – $1.06M
NOI $63,643 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$836.5K
$731.9K – $975.9K
NOI $58,554 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,962 @ 7.0% cap · market cap 8.11%
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
637
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
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 - R3-zoned duplex with detached garage, private patio, and backyard.
Where is this duplex located?
The property is located at 69 Windom Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 2,424‑square‑foot duplex on a 0.0987‑acre lot; Built in 1920 with R3 zoning; Three bedrooms and two bathrooms
