Detached Two-Family Duplex with Central
For Sale
$1,250,000
735 Woodrow Road, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,640 SF
Lot Size0.17 Acres
Price / SF$473.48
Days on Market57
Property Features for 735 Woodrow Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Driveway, Carport
Patio and Porch features
Patio
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Fencing
Fenced
Basement
Full, Partially Finished
Lot features
Front Yard, Back Yard
Subdivision
Annadale
Standard status
Active
Size
2,640 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
10412
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
central air conditioning
wood-burning fireplace
Andersen windows
oak flooring
pantry
attic storage
high ceilings
partially finished basement
Building Details
Year built
1992
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Brick
Architectural style
Colonial
Listing Agency:
Keller Williams Realty Empire
(718) 954-8400
Listed By:
Eufemia Andrade
(646) 251-6339
Added: Jun 29
Changed: Aug 2
Last Checked: Aug 24 at 3:06PM
MLS# 2603664
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.
Located at 735 Woodrow Road in Staten Island, this original owner-built detached two-family Colonial offers approximately 2,640 square feet of living space on an oversized 52' x 144' lot. Built in 1992 with aluminum siding and brick, the home includes select oak flooring, 5/8" sheetrock, and Andersen windows, plus two central air conditioning units. The main residence features a living room, formal dining room, eat-in kitchen with pantry, family room with a wood-burning fireplace, a half bath, and direct access to the expansive backyard. The second floor provides four bedrooms and two full bathrooms, including a primary suite with a walk-in closet and private bath. Additional attic storage and a full basement with high ceilings, a partially finished layout, a half bath, and a washer/dryer area provide further flexibility.
A separate one-bedroom rental unit adds an income-producing component and supports multi-generational or guest use. Outdoors, a private driveway leads to a one-car garage and provides parking for up to 8 vehicles. The property is fenced, includes a patio, and offers expansion potential with available FAR. Heating is natural gas and electric hot water, and sewer is public.
A separate one-bedroom rental unit adds an income-producing component and supports multi-generational or guest use. Outdoors, a private driveway leads to a one-car garage and provides parking for up to 8 vehicles. The property is fenced, includes a patio, and offers expansion potential with available FAR. Heating is natural gas and electric hot water, and sewer is public.
Key Highlights
- Detached original owner‑built two‑family Colonial on a 52' x 144' lot
- Approximately 2,640 SF living space with central air and two A/C units
- One‑bedroom rental unit provides additional income or guest/extended‑family use
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
$65,236
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
5.22%
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%
$1,304,720
$1.3M
Cap Rate 7%
$931,943
$931.9K
Cap Rate 9%
$724,844
$724.8K
Market Conditions
NOI Build-Up for 2,640 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
$101.4K $38.40/SF
− Vacancy
−$8.2K −$3.10/SF
EGI
$93.2K $35.30/SF
− OpEx
−$28.0K −$10.59/SF
NOI
$65.2K $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%
$1,304,720
Cap Rate 7%
$931,943
Cap Rate 9%
$724,844
Alternative Uses
Best Use
Multifamily LT 5
$931.9K
$815.5K – $1.09M
NOI $65,236 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$819.9K
$717.4K – $956.6K
NOI $57,395 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,177 @ 7.0% cap · market cap 7.05%
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
412
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 - Zoned R3X two-family duplex with central air, fenced yard, and a separate one-bedroom rental unit.
Where is this duplex located?
The property is located at 735 Woodrow Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Detached original owner‑built two‑family Colonial on a 52' x 144' lot; Approximately 2,640 SF living space with central air and two A/C units; One‑bedroom rental unit provides additional income or guest/extended‑family use
