Duplex Property with Separate
For Sale
$799,000
8 Field Street, Staten Island, NY 10314
SINGLE_FAMILY - Staten Island, NY
Property Size2,200 SF
Lot Size0.06 Acres
Price / SF$363.18
Days on Market21
Property Features for 8 Field Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 3
Interior features
Refrigerator, Stove
Basement
Full
Subdivision
Willowbrook
Standard status
Active
Size
2,200 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7760
Building Details
Year built
1980
Floors in Building
3
Flooring type
Hardwood, Tile
Roof type
Flat
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Priscilla Tran
(718) 382-0001
Added: Jul 25
Changed: Aug 9
Last Checked: Aug 14 at 10:06PM
MLS# 503120
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 property contains approximately 2,200 square feet within a multi-level configuration. The primary living areas include a living room, eat-in kitchen with pantry, laundry area, half bath, and balcony access to the backyard. Additional space at ground level includes a family room and full bath, with a separate entrance supporting flexible use of the floor plan.
The property sits on a 0.058-acre lot in Staten Island and was built in 1980. The building measures approximately 17 by 49 feet, while the lot measures 25 by 100 feet. R3-1 zoning, hardwood and tile flooring, a flat roof, and included refrigerator and stove round out the physical profile. Parks and schools are located nearby.
The property sits on a 0.058-acre lot in Staten Island and was built in 1980. The building measures approximately 17 by 49 feet, while the lot measures 25 by 100 feet. R3-1 zoning, hardwood and tile flooring, a flat roof, and included refrigerator and stove round out the physical profile. Parks and schools are located nearby.
Key Highlights
- Approximately 2,200 square feet of property size
- 0.058‑acre lot measuring 25 by 100 feet
- Multi‑level layout with separate ground‑level entrance
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
$60,005
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
7.51%
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%
$1,200,100
$1.2M
Cap Rate 7%
$857,214
$857.2K
Cap Rate 9%
$666,722
$666.7K
Market Conditions
NOI Build-Up for 2,200 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
$89.8K $40.80/SF
− Vacancy
−$4.0K −$1.84/SF
EGI
$85.7K $38.96/SF
− OpEx
−$25.7K −$11.69/SF
NOI
$60.0K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /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%
$1,200,100
Cap Rate 7%
$857,214
Cap Rate 9%
$666,722
Alternative Uses
Best Use
Multifamily LT 5
$857.2K
$750.1K – $1.00M
NOI $60,005 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$794.9K
$695.5K – $927.4K
NOI $55,641 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
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 - R3-1-zoned duplex with a flexible multi-level layout and separate ground-level access.
Where is this duplex located?
The property is located at 8 Field Street Staten Island, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approximately 2,200 square feet of property size; 0.058‑acre lot measuring 25 by 100 feet; Multi‑level layout with separate ground‑level entrance
