Two-Family Home with
For Sale
$869,999
Pending
71 Seguine Pl, Staten Island, NY 10312
Corner-lot duplex with a separate one-bedroom unit, garage, basement, yard, and balcony access.
Property Size1,804 SF
Lot Size0.07 Acres
Days on Market170
Property Features for 71 Seguine Pl
General Information
Standard status
Pending
Size
1,804 SF
Total Parking Spaces
1
Lot size
0.07 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1986
Buildings
1
Listing Agency:
Hometime Estates LLC
Listed By:
Jon Goldstein · License #2077493
(917) 751-5921
Source:
Statenislandhomelistings
Added: Mar 19
Changed: Sep 2
Last Checked: Sep 1 at 8:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hometime Estates LLC
Investment Insights
Based on property information with market context.
Built in 1986, this 1,804-square-foot duplex combines a primary residence with a legal above-ground one-bedroom apartment. The main unit includes an oversized foyer, one-car garage, living and dining areas, an eat-in kitchen, three bedrooms, two baths including a half bath, a walk-in closet, and balcony access. A large unfinished basement provides additional interior space.
The apartment has its own living room, eat-in kitchen, full bath, bedroom, and substantial closet storage. The property occupies a 29x100 corner lot with a large yard. The home is near transportation, shopping, and schools, with an address at 71 Seguine Pl, Staten Island, NY 10312.
The apartment has its own living room, eat-in kitchen, full bath, bedroom, and substantial closet storage. The property occupies a 29x100 corner lot with a large yard. The home is near transportation, shopping, and schools, with an address at 71 Seguine Pl, Staten Island, NY 10312.
Key Highlights
- Legal above‑ground one‑bedroom apartment with living room, eat‑in kitchen, full bath, bedroom, and closet space
- Main unit includes three bedrooms, balcony access, walk‑in closet, oversized foyer, and one‑car garage
- 1,804‑square‑foot two‑family home built in 1986
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
$44,578
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
5.12%
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%
$891,560
$891.6K
Cap Rate 7%
$636,829
$636.8K
Cap Rate 9%
$495,311
$495.3K
Market Conditions
NOI Build-Up for 1,804 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
$69.3K $38.40/SF
− Vacancy
−$5.6K −$3.10/SF
EGI
$63.7K $35.30/SF
− OpEx
−$19.1K −$10.59/SF
NOI
$44.6K $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%
$891,560
Cap Rate 7%
$636,829
Cap Rate 9%
$495,311
Alternative Uses
Best Use
Multifamily LT 5
$636.8K
$557.2K – $743.0K
NOI $44,578 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$560.3K
$490.3K – $653.7K
NOI $39,220 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$860.8K
$753.2K – $1.00M
NOI $60,254 @ 7.0% cap · market cap 6.93%
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
268
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
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 - Corner-lot duplex with a separate one-bedroom unit, garage, basement, yard, and balcony access.
Where is this duplex located?
The property is located at 71 Seguine Pl Staten Island, NY.
What is the asking price?
The asking price for this property is $869,999.
What are key features of this property?
This property features: Legal above‑ground one‑bedroom apartment with living room, eat‑in kitchen, full bath, bedroom, and closet space; Main unit includes three bedrooms, balcony access, walk‑in closet, oversized foyer, and one‑car garage; 1,804‑square‑foot two‑family home built in 1986
