Duplex With Finished
New
For Sale
$1,399,999
80 Reid Avenue, Staten Island, NY 10305
MULTI_FAMILY - Staten Island, NY
Property Size2,640 SF
Lot Size0.10 Acres
Price / SF$530.30
Days on Market7
Property Features for 80 Reid Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
6
Bathrooms
5
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
Parking features
On Street, Off Street, Driveway
Basement
Full, Finished
Subdivision
Arrochar
Standard status
Active
APN
03390-0035
Size
2,640 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
9770
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Building Details
Year built
2012
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Aug 7
Changed: Aug 8
Last Checked: Aug 13 at 4:06PM
MLS# 2604461
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 duplex contains 2,640 square feet on a 0.1047-acre lot and was built in 2012. Interior features include hardwood flooring, living and dining areas, and a kitchen equipped with granite countertops and stainless steel appliances. The first-floor unit connects to a finished basement with a bathroom and separate entrance. A paved backyard and detached garage are also included.
The property is located at 80 Reid Avenue in Staten Island’s Arrochar area. Zoning is R3-1, with public sewer service, hot-water heating powered by natural gas, and central air conditioning. Parking is available through the driveway, off-street areas, and on-street spaces.
The property is located at 80 Reid Avenue in Staten Island’s Arrochar area. Zoning is R3-1, with public sewer service, hot-water heating powered by natural gas, and central air conditioning. Parking is available through the driveway, off-street areas, and on-street spaces.
Key Highlights
- 2,640‑square‑foot duplex on a 0.1047‑acre lot
- Finished basement with bathroom and separate entrance
- Granite kitchen countertops and stainless steel appliances
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
$69,314
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
4.95%
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%
$1,386,280
$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
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
$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 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%
$1,386,280
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 4.95%
Second Best
Apartment 5plus
$911.0K
$797.2K – $1.06M
NOI $63,772 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,177 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential income property with granite kitchen finishes, central air, and a detached garage.
Where is this duplex located?
The property is located at 80 Reid Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 2,640‑square‑foot duplex on a 0.1047‑acre lot; Finished basement with bathroom and separate entrance; Granite kitchen countertops and stainless steel appliances
