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Detached Brick Duplex with Central Air
For Sale
$1,125,000
Pending

85 Cameron Avenue, Staten Island, NY 10305

MULTI_FAMILY - Staten Island, NY

Property Size1,900 SF
Lot Size0.09 Acres
Days on Market130

Property Features for 85 Cameron Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3-1
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1
Parking features Off Street, Carport
Basement Finished, Full
Lot features Back Yard
Subdivision South Beach
Standard status Pending
APN 3390-0014
Size 1,900 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 3072

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Miroslava Simanovsky · License #40SI0750581
Added: Apr 17 Changed: Aug 2 Last Checked: Aug 24 at 7:06PM
MLS# 2602061

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.

85 Cameron Avenue presents a detached, fully brick two-family duplex built in 1965. The property is zoned R3-1 and offers two separate residential units, each with three bedrooms and a full bath, plus a living room and a dining combo.

A fully finished basement adds substantial functional space. It features a side entrance, summer kitchen, family room, a 3/4 bath, along with a laundry room and utility room. The home includes central air with forced-air heating fueled by natural gas.

The lot measures 0.0918 acres, and the property size is 1,900 square feet. Parking is available with off-street spaces and a carport, and the home is served by a public sewer. The remarks indicate the property has no flood insurance.

Key Highlights

  • Detached, fully brick two‑family duplex zoned R3‑1
  • Each unit features three bedrooms, a full bath, and a living room with dining combo
  • Finished basement with side entrance, summer kitchen, family room, and 3/4 bath

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

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.

Lease Details

2
Residential units

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Detached, fully brick two-family home with central air, off-street parking, and a finished basement with side entrance.
Where is this duplex located?
The property is located at 85 Cameron Avenue 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: Detached, fully brick two‑family duplex zoned R3‑1; Each unit features three bedrooms, a full bath, and a living room with dining combo; Finished basement with side entrance, summer kitchen, family room, and 3/4 bath
More about this property
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