Brick Duplex with
For Sale
$750,000
80 Purdue Street, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size1,456 SF
Lot Size0.06 Acres
Price / SF$515.11
Days on Market11
Property Features for 80 Purdue Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3
Parking features
Off Street
Exterior features
Balcony
Basement
Finished, Full
Appliances
Refrigerator
Lot features
Back Yard
Subdivision
New Springville
Standard status
Active
APN
2387-0087
Size
1,456 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7132
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1982
Floors in Building
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Huan Kuei Lo · License #10401313713
(347) 335-7946
Added: Sep 11
Changed: Sep 16
Last Checked: Sep 21 at 6:06PM
MLS# 2605134
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.
This 1,456-square-foot duplex, built in 1982, combines a Colonial architectural style with brick and vinyl siding. The residence includes 3 bedrooms and 3 bathrooms, including one full bathroom that has been renovated. Additional features include a balcony, refrigerator, forced-air heating fueled by natural gas, central air conditioning, off-street parking, and public sewer service. The property occupies 0.0551 acres and is zoned R3-1.
The home is located at 80 Purdue Street in Staten Island, near Staten Island Mall, restaurants, shopping, and everyday services. I-278 is also nearby, providing access across Staten Island and toward Brooklyn and New Jersey. The property offers a residential layout with existing improvements and room for further personalization.
The home is located at 80 Purdue Street in Staten Island, near Staten Island Mall, restaurants, shopping, and everyday services. I-278 is also nearby, providing access across Staten Island and toward Brooklyn and New Jersey. The property offers a residential layout with existing improvements and room for further personalization.
Key Highlights
- 1,456 square feet on a 0.0551‑acre lot
- 3 bedrooms and 3 bathrooms
- Renovated full bathroom
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
$39,712
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
5.29%
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%
$794,240
$794.2K
Cap Rate 7%
$567,314
$567.3K
Cap Rate 9%
$441,244
$441.2K
Market Conditions
NOI Build-Up for 1,456 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
$59.4K $40.80/SF
− Vacancy
−$2.7K −$1.84/SF
EGI
$56.7K $38.96/SF
− OpEx
−$17.0K −$11.69/SF
NOI
$39.7K $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%
$794,240
Cap Rate 7%
$567,314
Cap Rate 9%
$441,244
Alternative Uses
Best Use
Multifamily LT 5
$567.3K
$496.4K – $661.9K
NOI $39,712 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$526.1K
$460.3K – $613.7K
NOI $36,824 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$694.7K
$607.9K – $810.5K
NOI $48,631 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,175
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Colonial-style duplex with central air, off-street parking, and a renovated full bathroom.
Where is this duplex located?
The property is located at 80 Purdue Street Staten Island, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,456 square feet on a 0.0551‑acre lot; 3 bedrooms and 3 bathrooms; Renovated full bathroom
