New Construction
For Sale
$1,328,888
Pending
907 Rathbun Ave, Staten Island, NY 10309
Two residential levels include separate three-bedroom layouts, while a finished lower level adds flexibility and independent access.
Property Size2,900 SF
Lot Size0.08 Acres
Days on Market313
Property Features for 907 Rathbun Ave
General Information
Standard status
Pending
Size
2,900 SF
Lot size
0.08 Acres
Property subtype
Multi-Family
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Neuhaus Realty, Inc.
Listed By:
Gaetano Marasa · License #10301215761
(732) 946-2911
Source:
Statenislandhomelistings
Added: Oct 27, 2025
Changed: Sep 2
Last Checked: Sep 4 at 7:45AM
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 Neuhaus Realty, Inc.
Investment Insights
Based on property information with market context.
Scheduled for completion in Spring 2026, this new-construction duplex offers 2,900 square feet with six bedrooms and five baths. The first and second levels each provide three bedrooms, an eat-in kitchen, living and dining areas, washer/dryer hookups, and two baths, with 9-foot ceilings throughout those floors. A full finished basement adds a separate side entrance, bath, laundry hookups, and matching 9-foot ceilings.
The 18 x 68 home sits on a 33 x 100 lot and includes off-street parking. Three separate electric meters support the property's duplex configuration, while three-zone heat and air conditioning provide distinct climate-control areas. Interior details include custom kitchen cabinetry, quartz countertops, and more than 80 recessed lights. The property is near major transportation and shopping, with Bloomingdale Park nearby.
The 18 x 68 home sits on a 33 x 100 lot and includes off-street parking. Three separate electric meters support the property's duplex configuration, while three-zone heat and air conditioning provide distinct climate-control areas. Interior details include custom kitchen cabinetry, quartz countertops, and more than 80 recessed lights. The property is near major transportation and shopping, with Bloomingdale Park nearby.
Key Highlights
- 2,900 square foot new‑construction duplex scheduled for completion in Spring 2026
- Six bedrooms and five baths across a 6/6‑style configuration
- Full finished basement with separate entry, bath, laundry hookups, and 9‑foot ceilings
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
$72,118
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
5.43%
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%
$1,442,360
$1.4M
Cap Rate 7%
$1,030,257
$1.0M
Cap Rate 9%
$801,311
$801.3K
Market Conditions
NOI Build-Up for 2,900 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
$107.9K $37.20/SF
− Vacancy
−$4.9K −$1.67/SF
EGI
$103.0K $35.53/SF
− OpEx
−$30.9K −$10.66/SF
NOI
$72.1K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$1,442,360
Cap Rate 7%
$1,030,257
Cap Rate 9%
$801,311
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$901.5K – $1.20M
NOI $72,118 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$918.7K
$803.9K – $1.07M
NOI $64,310 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,861 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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 - Two residential levels include separate three-bedroom layouts, while a finished lower level adds flexibility and independent access.
Where is this duplex located?
The property is located at 907 Rathbun Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,328,888.
What are key features of this property?
This property features: 2,900 square foot new‑construction duplex scheduled for completion in Spring 2026; Six bedrooms and five baths across a 6/6‑style configuration; Full finished basement with separate entry, bath, laundry hookups, and 9‑foot ceilings
