Two-Family Duplex with
For Sale
$848,000
72 Eltinge Street, Staten Island, NY 10304
Residential Income, Staten Island, NY
Property Size1,632 SF
Lot Size0.06 Acres
Price / SF$519.61
Days on Market71
Property Features for 72 Eltinge Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1-2
Bedrooms
4
Bathrooms
3
Full bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3
Parking features
Driveway, Garage
Fencing
Fenced
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Dongan Hills Colony
Standard status
Active
APN
00842-0072
Size
1,632 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
3181
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Window Unit(s)
Amenities
finished basement
central A/C
new appliances
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Antonella P Cartusciello · License #40CA0902759
(718) 219-9066
Added: Jul 23
Changed: Sep 30
Last Checked: Oct 1 at 5:06PM
MLS# 2604156
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 legal two-family duplex was built in 1930 and provides 1,632 square feet of property area across a four-bedroom, three-bathroom configuration. The Colonial-style structure features stone and vinyl siding, a finished basement, and some new appliances. Natural-gas hot-water heating serves the property, which is connected to a public sewer system.
The 0.0643-acre parcel is fenced and includes a detached two-car garage along with a driveway. The property is located at 72 Eltinge Street in Staten Island, New York, within the R1-2 zoning designation. Its existing two-family layout and combination of garage, basement, and outdoor improvements provide a defined residential income property format.
The 0.0643-acre parcel is fenced and includes a detached two-car garage along with a driveway. The property is located at 72 Eltinge Street in Staten Island, New York, within the R1-2 zoning designation. Its existing two-family layout and combination of garage, basement, and outdoor improvements provide a defined residential income property format.
Key Highlights
- Legal two‑family duplex with 1,632 square feet
- Four bedrooms and three bathrooms
- Detached two‑car garage plus 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
$40,328
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
4.76%
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%
$806,560
$806.6K
Cap Rate 7%
$576,114
$576.1K
Cap Rate 9%
$448,089
$448.1K
Market Conditions
NOI Build-Up for 1,632 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
$62.7K $38.40/SF
− Vacancy
−$5.1K −$3.10/SF
EGI
$57.6K $35.30/SF
− OpEx
−$17.3K −$10.59/SF
NOI
$40.3K $24.71/SF
Area
ZIP 10304
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%
$806,560
Cap Rate 7%
$576,114
Cap Rate 9%
$448,089
Alternative Uses
Best Use
Multifamily LT 5
$576.1K
$504.1K – $672.1K
NOI $40,328 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$528.0K
$462.0K – $616.0K
NOI $36,959 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$778.7K
$681.4K – $908.5K
NOI $54,509 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family property with a finished basement, fenced grounds, and detached garage.
Where is this duplex located?
The property is located at 72 Eltinge Street Staten Island, NY.
What is the asking price?
The asking price for this property is $848,000.
What are key features of this property?
This property features: Legal two‑family duplex with 1,632 square feet; Four bedrooms and three bathrooms; Detached two‑car garage plus driveway
