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Renovated Duplex with Basement
New
For Sale
$1,180,000

79 Pompey Avenue, Staten Island, NY 10312

MULTI_FAMILY - Staten Island, NY

Property Size2,704 SF
Lot Size0.32 Acres
Price / SF$436.39
Days on Market7

Property Features for 79 Pompey Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3-2
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 3
Parking features Carport
Interior features A/C Unit - Wall, Dishwasher
Basement Finished
Subdivision Arden Heights
Standard status Active
Size 2,704 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Annual Amount 10086

Building Details

Year built 1991
Floors in Building 2
Number of units 1
Flooring type Laminate, Tile
Building materials Brick
Roof type Shingle
Architectural style Colonial
Listing Agency: Ashford Homes LLC
Listed By: Lin Liu · License #10401365972
Added: Aug 7 Changed: Aug 10 Last Checked: Aug 13 at 5:06PM
MLS# 503624

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 duplex contains approximately 2,704 square feet of living space on a 0.315-acre parcel. Built in 1991 and renovated in 2026, the property includes a four-bedroom, two-bathroom primary unit and a second unit with two bedrooms and one full bathroom. Additional basement space provides room for storage, recreation, a home office, or a gym. Interior features include wall-mounted A/C units and a dishwasher, while tile and laminate flooring are installed throughout portions of the home. Brick construction, a shingle roof, Colonial styling, and a carport complete the physical improvements.

The property is located at 79 Pompey Avenue in Staten Island, NY 10312. Shopping, restaurants, parks, public transportation, and major roadways are identified as nearby. R3-2 zoning supports the property's multifamily classification, with the existing two-unit layout offering both owner-occupancy and rental-use flexibility.

Key Highlights

  • Approximately 2,704 square feet of living space on a 0.315‑acre lot
  • Two‑unit layout with 4 bedrooms and 2 bathrooms in the main unit; second unit has 2 bedrooms and 1 full bathroom
  • Renovated in 2026; originally built in 1991

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 (±1% cap)
NOI $66,818 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$839.8K
$734.8K – $979.8K (±1% cap)
NOI $58,786 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,314 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick two-family residence with a four-bedroom main unit and a separate two-bedroom apartment.
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 on a 0.315‑acre lot; Two‑unit layout with 4 bedrooms and 2 bathrooms in the main unit; second unit has 2 bedrooms and 1 full bathroom; Renovated in 2026; originally built in 1991
More about this property
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