Renovated Two-Family
For Sale
Contact for pricing
79 Pompey Avenue, Staten Island, NY 10312
Two residential units offer flexible living arrangements with additional basement space for storage or other uses.
Property Size2,704 SF
Lot Size0.31 Acres
Price / SF$436.39
Days on Market16
Property Features for 79 Pompey Avenue
General Information
Standard status
Active
Size
2,704 SF
Lot size
0.31 Acres
Property subtype
Multifamily
Zoning
R3-2
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1991
Year Renovated
2026
Buildings
1
Stories
2
Units
2
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Lin Liu · License #10401365972
Source:
Crexi
Added: Jul 29
Changed: Aug 12
Last Checked: Aug 12 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashford Homes LLC
Investment Insights
Based on property information with market context.
This two-family duplex includes approximately 2,704 square feet of living space on an oversized 40' x 343' lot. Built in 1991 and completely renovated in 2026, the primary residence contains four bedrooms and two bathrooms with an open layout. The second unit provides two bedrooms and one full bathroom, supporting separate occupancy or extended household use. Additional basement space is available for storage, recreation, a home office, or a gym.
The property is located on a quiet residential street in Eltingville, Staten Island, with shopping, restaurants, parks, public transportation, and major roadways nearby. It is situated within a highly regarded school district and carries R3-2 zoning.
The property is located on a quiet residential street in Eltingville, Staten Island, with shopping, restaurants, parks, public transportation, and major roadways nearby. It is situated within a highly regarded school district and carries R3-2 zoning.
Key Highlights
- Approximately 2,704 square feet of living space
- Oversized 40' x 343' lot, approximately 13,700+ sq. ft.
- Two‑family layout with 4‑bedroom and 2‑bedroom units
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
$66,818
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
5.66%
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%
$1,336,360
$1.3M
Cap Rate 7%
$954,543
$954.5K
Cap Rate 9%
$742,422
$742.4K
Market Conditions
NOI Build-Up for 2,704 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
$103.8K $38.40/SF
− Vacancy
−$8.4K −$3.10/SF
EGI
$95.5K $35.30/SF
− OpEx
−$28.6K −$10.59/SF
NOI
$66.8K $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%
$1,336,360
Cap Rate 7%
$954,543
Cap Rate 9%
$742,422
Alternative Uses
Best Use
Multifamily LT 5
$954.5K
$835.2K – $1.11M
NOI $66,818 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$839.8K
$734.8K – $979.8K
NOI $58,786 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,314 @ 7.0% cap · market cap 7.65%
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
696
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 - Two residential units offer flexible living arrangements with additional basement space for storage or other uses.
Where is this duplex located?
The property is located at 79 Pompey Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Approximately 2,704 square feet of living space; Oversized 40' x 343' lot, approximately 13,700+ sq. ft.; Two‑family layout with 4‑bedroom and 2‑bedroom units
