Duplex with Above-Ground
For Sale
$869,999
Pending
71 Seguine Place, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size1,804 SF
Lot Size0.07 Acres
Days on Market90
Property Features for 71 Seguine Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 3
Parking features
Garage, Driveway
Patio and Porch features
Deck
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Exterior features
Balcony
Basement
Unfinished
Lot features
Back Yard
Subdivision
Annadale
Standard status
Pending
Size
1,804 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7462
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Amenities
balcony
large yard
Building Details
Year built
1986
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Listing Agency:
Hometime Estates LLC
(718) 524-0400
Listed By:
Jon Goldstein · License #2077493
(917) 751-5921
Added: Jun 3
Changed: Aug 2
Last Checked: Aug 31 at 11:06AM
MLS# 2603103
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 duplex at 71 Seguine Place is a large 22x40 two-family semi-attached home on a corner lot with a 29x100 lot size and a large yard. The main unit includes an oversized foyer, an attached one-car garage, a spacious layout, and an unfinished basement. The second level features a living room, dining room, eat-in kitchen, primary bedroom with half bath, walk-in closet, and balcony access, plus two additional bedrooms and a full bath.
The property also includes a legal above-ground one-bedroom apartment with a large living room, eat-in kitchen, full bath, bedroom, and plenty of closet space. Exterior features include a balcony and deck, and the home is constructed with brick and vinyl siding.
Heating is provided by natural gas hot water, and the property is served by public sewer. Interior features include walk-in closets and ceiling fans.
The property also includes a legal above-ground one-bedroom apartment with a large living room, eat-in kitchen, full bath, bedroom, and plenty of closet space. Exterior features include a balcony and deck, and the home is constructed with brick and vinyl siding.
Heating is provided by natural gas hot water, and the property is served by public sewer. Interior features include walk-in closets and ceiling fans.
Key Highlights
- 22x40 two‑family semi‑attached duplex on a corner lot
- Legal above‑ground one‑bedroom apartment plus main unit
- 29x100 lot with a large yard
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
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
905
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 - 1986-built duplex with a legal above-ground one-bedroom apartment, garage parking, and R3-2 zoning.
Where is this duplex located?
The property is located at 71 Seguine Place 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: 22x40 two‑family semi‑attached duplex on a corner lot; Legal above‑ground one‑bedroom apartment plus main unit; 29x100 lot with a large yard
