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Detached Brick Two-Family Home
For Sale
$1,125,000
Pending

85 Cameron Ave, Staten Island, NY 10305

Fully brick detached 6/6 two-family with 3-bedroom units and a finished basement featuring a side entrance.

Property Size1,900 SF
Days on Market193

Property Features for 85 Cameron Ave

General Information

Standard status Pending
Size 1,900 SF
Property subtype Multi-Family

Building Details

Year Built 1965
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Miroslava Simanovsky · License #40SI0750581
Source: Statenislandhomelistings
Added: Mar 1 Changed: Sep 9 Last Checked: Sep 9 at 11:19AM

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 Homes R Us Realty of NY, Inc.

Investment Insights

Based on property information with market context.

This fully brick, detached two-family residence is configured as a 6/6 home, with each unit offering three bedrooms and a full bathroom, along with a living room and a dining combo. The property also includes a fully finished basement with a side entrance, summer kitchen, family room, a 3/4 bath, laundry room, and utility room.

Set on a 40x100 lot, the home is described as clean and spacious and is located near transportation, with walkability to school, shopping, and the boardwalk. Public remarks also note the property has no flood insurance.

Per the provided details, the basement layout supports additional usable space beyond the main living areas, including dedicated laundry and utility areas.

Key Highlights

  • Fully brick detached 2‑family home built in 1965 with a 6/6 unit layout
  • Each unit has 3 bedrooms and 1 full bath, plus a living room and dining combo
  • Finished basement includes side entrance, family room, 3/4 bath, laundry and utility rooms

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
$49,885
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
4.43%
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%
$997,700 $997.7K
Cap Rate 7%
$712,643 $712.6K
Cap Rate 9%
$554,278 $554.3K
Market Conditions
NOI Build-Up for 1,900 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
$77.5K $40.80/SF
− Vacancy
−$6.3K −$3.29/SF
EGI
$71.3K $37.51/SF
− OpEx
−$21.4K −$11.25/SF
NOI
$49.9K $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%
$997,700
Cap Rate 7%
$712,643
Cap Rate 9%
$554,278

Alternative Uses

Best Use
Multifamily LT 5
$712.6K
$623.6K – $831.4K (±1% cap)
NOI $49,885 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$655.7K
$573.7K – $764.9K (±1% cap)
NOI $45,896 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$906.6K
$793.3K – $1.06M (±1% cap)
NOI $63,460 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Cafe & Coffee Shop Bar & Pub Garden Center Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

2,214
Businesses Nearby

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
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

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

What type of property is this?
Duplex - Fully brick detached 6/6 two-family with 3-bedroom units and a finished basement featuring a side entrance.
Where is this duplex located?
The property is located at 85 Cameron Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Fully brick detached 2‑family home built in 1965 with a 6/6 unit layout; Each unit has 3 bedrooms and 1 full bath, plus a living room and dining combo; Finished basement includes side entrance, family room, 3/4 bath, laundry and utility rooms
More about this property
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