Duplex Colonial with Private
For Sale
$1,239,900
Pending
77 Wiman Avenue, Staten Island, NY 10308
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,400 SF
Lot Size0.10 Acres
Days on Market47
Property Features for 77 Wiman Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2
Patio and Porch features
Patio, Deck
Interior features
Walk-In Closet(s)
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Eltingville
Standard status
Pending
Size
2,400 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
9326
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
2006
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #0566464
(917) 856-2012
Added: Jul 13
Changed: Aug 12
Last Checked: Aug 28 at 8:06AM
MLS# 2603953
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.
Set up as a 2-family duplex colonial, this side-hall home includes a main residence with four bedrooms and three bathrooms plus a 1-bedroom rental. Built in 2006, it features a grand 2-story entry foyer, a family room with fireplace, and an open-concept layout with a large kitchen. Interior finishes include hardwood floors throughout and a walk-in closet in the primary suite, which offers a walk-in closet and a 4-piece bath. Heating is natural gas forced air with baseboard hot water heat, and cooling is multi-zone central air. The property has a built-in garage, along with a private yard and outdoor living space with a deck and patio.
Located on a quiet street in the Great Kills section of Staten Island, the home is conveniently near Hylan Blvd, Great Kills Marina, parks, beaches, schools, shopping, restaurants, and public transportation. The home is served by public sewer.
On a 0.1045-acre lot with 2,400 square feet of property size, the brick-and-vinyl siding construction and multi-zone comfort systems support flexible everyday living across both units.
Located on a quiet street in the Great Kills section of Staten Island, the home is conveniently near Hylan Blvd, Great Kills Marina, parks, beaches, schools, shopping, restaurants, and public transportation. The home is served by public sewer.
On a 0.1045-acre lot with 2,400 square feet of property size, the brick-and-vinyl siding construction and multi-zone comfort systems support flexible everyday living across both units.
Key Highlights
- Built in 2006 duplex colonial with a 2‑story entry foyer and side‑hall layout
- 2‑family setup with four bedrooms and three bathrooms plus an attached 1‑bedroom rental
- 0.1045‑acre lot and 2,400 SF property size with a private 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
$59,684
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
4.81%
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%
$1,193,680
$1.2M
Cap Rate 7%
$852,629
$852.6K
Cap Rate 9%
$663,156
$663.2K
Market Conditions
NOI Build-Up for 2,400 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
$89.3K $37.20/SF
− Vacancy
−$4.0K −$1.67/SF
EGI
$85.3K $35.53/SF
− OpEx
−$25.6K −$10.66/SF
NOI
$59.7K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$1,193,680
Cap Rate 7%
$852,629
Cap Rate 9%
$663,156
Alternative Uses
Best Use
Multifamily LT 5
$852.6K
$746.1K – $994.7K
NOI $59,684 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$760.3K
$665.3K – $887.0K
NOI $53,222 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
975
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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 - 2-family duplex colonial on R3A zoned lot with deck and patio, central air, and public sewer.
Where is this duplex located?
The property is located at 77 Wiman Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,239,900.
What are key features of this property?
This property features: Built in 2006 duplex colonial with a 2‑story entry foyer and side‑hall layout; 2‑family setup with four bedrooms and three bathrooms plus an attached 1‑bedroom rental; 0.1045‑acre lot and 2,400 SF property size with a private yard
