Contemporary Duplex
For Sale
$899,999
79 Green Valley Road, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size2,268 SF
Lot Size0.05 Acres
Price / SF$396.82
Days on Market9
Property Features for 79 Green Valley Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1
Parking features
Driveway, On Street
Patio and Porch features
Deck
Fencing
Chain Link
Lot features
Back Yard
Subdivision
Arden Heights
Standard status
Active
APN
6023-0204
Size
2,268 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7397
HOA Fee
$37 Annually
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Wall Unit(s)
Building Details
Year built
1983
Floors in Building
3
Number of units
2
Building materials
Aluminum Siding
Architectural style
Contemporary
Listing Agency:
Weichert Realtors Truhomes
(718) 673-8602
Listed By:
Joseph Rodriguez · License #10491211956
(646) 541-0039
Added: Sep 23
Changed: Sep 28
Last Checked: Oct 1 at 5:06PM
MLS# 2605402
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.
Built in 1983, this 2,268-square-foot contemporary duplex includes a three-bedroom, three-bath main residence and a separate oversized one-bedroom apartment. The primary bedroom has a three-quarter en suite bath and dual closets. Aluminum siding, hot-water heating powered by natural gas, wall-unit cooling, and a deck are among the property’s physical features.
The 0.0508-acre parcel includes a driveway and on-street parking, chain-link fencing, and public sewer service. The residence is located near schools, shopping, and transportation in Staten Island. R3-2 zoning and the two-family configuration provide the key framework for evaluating the property.
The 0.0508-acre parcel includes a driveway and on-street parking, chain-link fencing, and public sewer service. The residence is located near schools, shopping, and transportation in Staten Island. R3-2 zoning and the two-family configuration provide the key framework for evaluating the property.
Key Highlights
- 2,268‑square‑foot two‑family residence
- Main unit includes 3 bedrooms and 3 baths
- Separate oversized 1‑bedroom apartment
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
$56,044
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
6.23%
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%
$1,120,880
$1.1M
Cap Rate 7%
$800,629
$800.6K
Cap Rate 9%
$622,711
$622.7K
Market Conditions
NOI Build-Up for 2,268 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
$87.1K $38.40/SF
− Vacancy
−$7.0K −$3.10/SF
EGI
$80.1K $35.30/SF
− OpEx
−$24.0K −$10.59/SF
NOI
$56.0K $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%
$1,120,880
Cap Rate 7%
$800,629
Cap Rate 9%
$622,711
Alternative Uses
Best Use
Multifamily LT 5
$800.6K
$700.6K – $934.1K
NOI $56,044 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$704.4K
$616.3K – $821.8K
NOI $49,307 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.08M
$946.9K – $1.26M
NOI $75,752 @ 7.0% cap · market cap 8.42%
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
358
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
Check the figures for this property
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 - Two-family residence with separate living arrangements, R3-2 zoning, driveway parking, and a rear deck.
Where is this duplex located?
The property is located at 79 Green Valley Road Staten Island, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 2,268‑square‑foot two‑family residence; Main unit includes 3 bedrooms and 3 baths; Separate oversized 1‑bedroom apartment
