Three-Story Brick
For Sale
$628,000
763 Patterson Avenue, Staten Island, NY 10306
Residential, Duplex, Staten Island, NY
Property Size1,600 SF
Lot Size0.03 Acres
Price / SF$392.50
Days on Market128
Property Features for 763 Patterson Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Garage
Subdivision
Midland Beach
Standard status
Active
Size
1,600 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
4156
Building Details
Year built
2003
Building materials
Brick
Architectural style
Other
Listing Agency:
Metro Realty Professionals
Listed By:
Xiao Ming (Jimmy) Tan
(718) 838-2600
Added: Jun 22
Changed: Oct 20
Last Checked: Oct 27 at 2:06AM
MLS# 502476
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.
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Investment Insights
Based on property information with market context.
This 2003 brick duplex provides 1,600 square feet across three levels, with a built-in garage and front and rear outdoor areas. The lower level contains a family room and utility room. Above, the main living level includes a living room, kitchen, dining area, and half bathroom, while the top floor offers three bedrooms and a full bathroom.
The property occupies 0.0331 acres in Staten Island, NY, and carries R3-1 zoning. Its stated surrounding context includes Midland Beach, Miller Field, the Verrazano Bridge, and multiple public transportation routes, including S51, S81, SIM5, SIM6, and SIM9.
The property occupies 0.0331 acres in Staten Island, NY, and carries R3-1 zoning. Its stated surrounding context includes Midland Beach, Miller Field, the Verrazano Bridge, and multiple public transportation routes, including S51, S81, SIM5, SIM6, and SIM9.
Key Highlights
- 3‑story, 1,600‑square‑foot brick duplex built in 2003
- Three bedrooms with a full bathroom on the top floor
- Built‑in garage plus front and rear yards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,643
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,860
$812.9K
Cap Rate 7%
$580,614
$580.6K
Cap Rate 9%
$451,589
$451.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$61.4K $38.40/SF
− Vacancy
−$3.4K −$2.11/SF
EGI
$58.1K $36.29/SF
− OpEx
−$17.4K −$10.89/SF
NOI
$40.6K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,860
Cap Rate 7%
$580,614
Cap Rate 9%
$451,589
Alternative Uses
Best Use
Multifamily LT 5
$580.6K
$508.0K – $677.4K
NOI $40,643 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$515.9K
$451.4K – $601.9K
NOI $36,115 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$763.4K
$668.0K – $890.7K
NOI $53,440 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Multi-level residential property with a built-in garage, private front and rear yards, and an R3-1 zoning designation.
Where is this duplex located?
The property is located at 763 Patterson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $628,000.
What are key features of this property?
This property features: 3‑story, 1,600‑square‑foot brick duplex built in 2003; Three bedrooms with a full bathroom on the top floor; Built‑in garage plus front and rear yards
