Detached Two-Family
For Sale
$1,050,000
756 Hylan Boulevard, Staten Island, NY 10305
MULTI_FAMILY - Staten Island, NY
Property Size2,376 SF
Lot Size0.10 Acres
Price / SF$441.92
Days on Market8
Property Features for 756 Hylan Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-2
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 4
Interior features
Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Arrochar
Standard status
Active
Size
2,376 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
4386
Amenities
private driveway
spacious backyard
hardwood floors
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Wood Frame
Architectural style
Ranch
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #10301217017
(718) 612-3088
Added: Aug 15
Changed: Aug 18
Last Checked: Aug 22 at 1:06PM
MLS# 503817
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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, built in 1960, contains approximately 2,376 square feet on a 0.0964-acre lot measuring 40*87, with a 27*44 building footprint. The primary residence offers three bedrooms, 1.5 baths, hardwood flooring, a living and dining area, and an eat-in kitchen with substantial cabinet and counter space. A separate one-bedroom apartment includes its own living room, kitchen, full bath, and entrance. Central air, in-unit laundry equipment, a dishwasher, microwave, refrigerator, and stove are included among the interior features.
The property provides a private driveway, level rear yard, side access, and distinct front and rear entry points. Its R3-2 zoning supports the existing two-family configuration. The home is minutes from the Verrazzano-Narrows Bridge, with access to Brooklyn, Manhattan, the Staten Island Expressway, local and express bus service, shopping, restaurants, schools, and parks.
The property provides a private driveway, level rear yard, side access, and distinct front and rear entry points. Its R3-2 zoning supports the existing two-family configuration. The home is minutes from the Verrazzano-Narrows Bridge, with access to Brooklyn, Manhattan, the Staten Island Expressway, local and express bus service, shopping, restaurants, schools, and parks.
Key Highlights
- Legal two‑family duplex with approximately 2,376 square feet
- 0.0964‑acre lot measuring 4087 with a 2744 building
- Primary unit includes 3 bedrooms and 1.5 baths
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
$62,382
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
5.94%
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%
$1,247,640
$1.2M
Cap Rate 7%
$891,171
$891.2K
Cap Rate 9%
$693,133
$693.1K
Market Conditions
NOI Build-Up for 2,376 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
$96.9K $40.80/SF
− Vacancy
−$7.8K −$3.29/SF
EGI
$89.1K $37.51/SF
− OpEx
−$26.7K −$11.25/SF
NOI
$62.4K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
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%
$1,247,640
Cap Rate 7%
$891,171
Cap Rate 9%
$693,133
Alternative Uses
Best Use
Multifamily LT 5
$891.2K
$779.8K – $1.04M
NOI $62,382 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$819.9K
$717.4K – $956.6K
NOI $57,395 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.13M
$992.0K – $1.32M
NOI $79,359 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
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 - Detached legal two-family residence with separate entrances, private parking, and a backyard suitable for outdoor use.
Where is this duplex located?
The property is located at 756 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Legal two‑family duplex with approximately 2,376 square feet; 0.0964‑acre lot measuring 40*87 with a 27*44 building; Primary unit includes 3 bedrooms and 1.5 baths
