Detached Duplex with Finished
For Sale
$999,999
70 Roosevelt Avenue, Staten Island, NY 10314
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size2,340 SF
Lot Size0.09 Acres
Price / SF$427.35
Days on Market11
Property Features for 70 Roosevelt Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 3
Parking features
Open, Driveway, Garage
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Willowbrook
Standard status
Active
Size
2,340 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
8255
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
hardwood floors
fully finished basement
built-in garage
private driveway
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Ranch
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Skender Alex Fici · License #10301209813
(718) 987-7900
Added: Aug 3
Changed: Aug 7
Last Checked: Aug 13 at 5:06PM
MLS# 2604354
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 detached duplex is configured as a two-family ranch residence with approximately 2,340 square feet of living space on a 0.0866-acre lot. The interior includes a 7-room over 4-room layout, hardwood flooring, five bedrooms, and three bathrooms. A fully finished basement adds usable interior area, while brick and vinyl siding form the exterior. The property was built in 1970 and includes forced-air heating, natural gas, central air, and public sewer service.
Parking is provided through a built-in garage, private driveway, and open spaces accommodating up to four vehicles. The property is zoned R3-1 and includes separate heating and hot water units for the two residences. Located at 70 Roosevelt Avenue in Staten Island, New York, the home offers a detached multifamily configuration with dedicated parking and multiple functional improvements.
Parking is provided through a built-in garage, private driveway, and open spaces accommodating up to four vehicles. The property is zoned R3-1 and includes separate heating and hot water units for the two residences. Located at 70 Roosevelt Avenue in Staten Island, New York, the home offers a detached multifamily configuration with dedicated parking and multiple functional improvements.
Key Highlights
- Two‑family detached ranch with 7‑room over 4‑room layout
- Approximately 2,340 square feet on a 0.0866‑acre lot
- Finished basement, built‑in garage, and private driveway
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
$63,823
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%
$1,276,460
$1.3M
Cap Rate 7%
$911,757
$911.8K
Cap Rate 9%
$709,144
$709.1K
Market Conditions
NOI Build-Up for 2,340 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
$95.5K $40.80/SF
− Vacancy
−$4.3K −$1.84/SF
EGI
$91.2K $38.96/SF
− OpEx
−$27.4K −$11.69/SF
NOI
$63.8K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
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%
$1,276,460
Cap Rate 7%
$911,757
Cap Rate 9%
$709,144
Alternative Uses
Best Use
Multifamily LT 5
$911.8K
$797.8K – $1.06M
NOI $63,823 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$845.4K
$739.8K – $986.4K
NOI $59,181 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$1.12M
$977.0K – $1.30M
NOI $78,157 @ 7.0% cap · market cap 7.82%
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
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
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-family ranch with separate heating systems, private parking, garage access, and a finished lower level.
Where is this duplex located?
The property is located at 70 Roosevelt Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two‑family detached ranch with 7‑room over 4‑room layout; Approximately 2,340 square feet on a 0.0866‑acre lot; Finished basement, built‑in garage, and private driveway
