Brick Duplex Property with Detached
For Sale
$1,349,999
80 Reid Ave, Staten Island, NY 10305
All-brick construction features a custom kitchen, hardwood flooring, finished basement, and paved backyard.
Property Size2,640 SF
Price / SF$511.36
Days on Market98
Property Features for 80 Reid Ave
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Multi-Family
Building Details
Year Built
2012
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Nicole Molinini · License #40MO1063271
(917) 940-9196
Source:
Statenislandhomelistings
Added: Jul 22
Changed: Oct 25
Last Checked: Oct 26 at 4:50PM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 2012, this all-brick duplex property offers a custom kitchen with granite countertops and stainless steel appliances. Hardwood flooring extends throughout each floor, with living room and dining room combinations providing defined interior areas. The first-floor unit includes a large finished basement with a bathroom and a separate entrance.
Outdoor improvements include a paved backyard and a detached garage. The property is located in Arrochar on Reid Avenue in Staten Island and is zoned R3-1.
Outdoor improvements include a paved backyard and a detached garage. The property is located in Arrochar on Reid Avenue in Staten Island and is zoned R3-1.
Key Highlights
- All‑brick duplex property built in 2012
- Custom kitchen with granite countertops and stainless steel appliances
- Hardwood flooring throughout each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,314
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,280
$1.4M
Cap Rate 7%
$990,200
$990.2K
Cap Rate 9%
$770,156
$770.2K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$107.7K $40.80/SF
− Vacancy
−$8.7K −$3.29/SF
EGI
$99.0K $37.51/SF
− OpEx
−$29.7K −$11.25/SF
NOI
$69.3K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,280
Cap Rate 7%
$990,200
Cap Rate 9%
$770,156
Alternative Uses
Best Use
Multifamily LT 5
$990.2K
$866.4K – $1.16M
NOI $69,314 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$911.0K
$797.2K – $1.06M
NOI $63,772 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,177 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
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Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - All-brick construction features a custom kitchen, hardwood flooring, finished basement, and paved backyard.
Where is this duplex located?
The property is located at 80 Reid Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,349,999.
What are key features of this property?
This property features: All‑brick duplex property built in 2012; Custom kitchen with granite countertops and stainless steel appliances; Hardwood flooring throughout each floor
