Six-Over-Six Two-Family
For Sale
$1,299,999
Pending
91 Bombay Street, Staten Island, NY 10309
MULTI_FAMILY - Staten Island, NY
Property Size2,475 SF
Lot Size0.09 Acres
Days on Market357
Property Features for 91 Bombay Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-X
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Rooms
Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 6
Parking features
Off Street, On Street, Carport
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Rossville
Standard status
Pending
APN
07035-0000
Size
2,475 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
13000
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
custom kitchen with granite or quartz countertops
hardwood floors
full finished basement
laundry
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Sep 2, 2025
Changed: Aug 2
Last Checked: Aug 24 at 10:06PM
MLS# 2505132
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.
New construction two-family duplex featuring a six-over-six layout on a tranquil block in Rossville. The home is under construction with an expected 2025 year built and exterior materials including stone and vinyl siding. Each unit includes three bedrooms, with a master bedroom offering a 3/4 bath and a walk-in closet. Interiors include hardwood floors throughout, plus a living/dining combo, an eat-in kitchen, and laundry space. Heating is forced air and electric, with central air cooling. Parking is available with off-street and on-street options, along with a carport.
The property also includes a full finished basement with a 3/4 bath, utilities, and access to the side yard, and an attic above. The project includes a custom kitchen design with a choice of granite or quartz countertop tops (per unit finishes as described). Sewer service is public sewer.
The duplex is offered as a single asset on a 0.0918-acre lot, with a total property size of 2,475 square feet.
The property also includes a full finished basement with a 3/4 bath, utilities, and access to the side yard, and an attic above. The project includes a custom kitchen design with a choice of granite or quartz countertop tops (per unit finishes as described). Sewer service is public sewer.
The duplex is offered as a single asset on a 0.0918-acre lot, with a total property size of 2,475 square feet.
Key Highlights
- New construction two‑family duplex built in 2025 with stone and vinyl siding
- Six‑over‑six layout with 3 bedrooms per unit, each with a master 3/4 bath and walk‑in closet
- Custom kitchen with choice of granite or quartz countertop tops
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
$61,549
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
4.73%
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%
$1,230,980
$1.2M
Cap Rate 7%
$879,271
$879.3K
Cap Rate 9%
$683,878
$683.9K
Market Conditions
NOI Build-Up for 2,475 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
$92.1K $37.20/SF
− Vacancy
−$4.1K −$1.67/SF
EGI
$87.9K $35.53/SF
− OpEx
−$26.4K −$10.66/SF
NOI
$61.5K $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%
$1,230,980
Cap Rate 7%
$879,271
Cap Rate 9%
$683,878
Alternative Uses
Best Use
Multifamily LT 5
$879.3K
$769.4K – $1.03M
NOI $61,549 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$784.1K
$686.1K – $914.8K
NOI $54,886 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,666 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
446
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 - Under-construction duplex on a 0.0918-acre lot, zoned R3-X, with each unit featuring three bedrooms and central air.
Where is this duplex located?
The property is located at 91 Bombay Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: New construction two‑family duplex built in 2025 with stone and vinyl siding; Six‑over‑six layout with 3 bedrooms per unit, each with a master 3/4 bath and walk‑in closet; Custom kitchen with choice of granite or quartz countertop tops
