Duplex with Private
New
For Sale
$924,999
128 Cotter Avenue, Staten Island, NY 10306
Residential, Staten Island, NY
Property Size1,611 SF
Lot Size0.06 Acres
Price / SF$574.18
Days on Market4
Property Features for 128 Cotter Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Basement, Bedroom 3, Bathroom 1, Bathroom 5, Family Room, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Dining Room, Bedroom 4, Bathroom 4
Parking features
On Street, Garage, Off Street, Driveway
Patio and Porch features
Deck, Patio
Pool private
1
Interior features
Smart Thermostat, Fireplace
Exterior features
Outdoor Grill
Fencing
Fenced
Fireplace
1
Basement
Full
Appliances
ENERGY STAR Qualified Appliances, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher, ENERGY STAR Clothes Washer, Dishwasher, Dryer, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Richmond Town
Standard status
Active
APN
04473-0009
Size
1,611 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8006
HOA Fee
$200 Annually
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Wall Unit(s)
Amenities
split-system heating and cooling
wood-burning fireplace
above-ground pool
multi-level deck
Building Details
Year built
1985
Floors in Building
3
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Olesya Garkavenko
(718) 442-4400
Added: Sep 28
Changed: Sep 29
Last Checked: Oct 1 at 6:06PM
MLS# 2605482
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 1,611-square-foot duplex in Staten Island was updated in 2021 and is arranged with four bedrooms and five bathrooms. Interior features include a dining room, family room, fireplace, and smart thermostat. The home has vinyl siding, a patio, a multi-level deck, an outdoor grill, and a private above-ground pool. Off-street parking and a garage are among the parking features; public sewer serves the property.
Built in 1985, the property occupies a 0.0551-acre lot and is zoned R3-2. The kitchen appliances include ENERGY STAR-qualified options, including a refrigerator, dishwasher, and clothes washer. Additional features include a fenced yard and natural gas hot-water heating.
Built in 1985, the property occupies a 0.0551-acre lot and is zoned R3-2. The kitchen appliances include ENERGY STAR-qualified options, including a refrigerator, dishwasher, and clothes washer. Additional features include a fenced yard and natural gas hot-water heating.
Key Highlights
- 1,611 square feet on a 0.0551‑acre lot
- Four bedrooms and five bathrooms
- Updated in 2021; built in 1985
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
$40,922
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
4.42%
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%
$818,440
$818.4K
Cap Rate 7%
$584,600
$584.6K
Cap Rate 9%
$454,689
$454.7K
Market Conditions
NOI Build-Up for 1,611 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
$61.9K $38.40/SF
− Vacancy
−$3.4K −$2.11/SF
EGI
$58.5K $36.29/SF
− OpEx
−$17.5K −$10.89/SF
NOI
$40.9K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /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%
$818,440
Cap Rate 7%
$584,600
Cap Rate 9%
$454,689
Alternative Uses
Best Use
Multifamily LT 5
$584.6K
$511.5K – $682.0K
NOI $40,922 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$519.5K
$454.5K – $606.1K
NOI $36,363 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$768.7K
$672.6K – $896.8K
NOI $53,808 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The Staten Island property includes a fenced yard, multi-level deck, and garage parking.
Where is this duplex located?
The property is located at 128 Cotter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $924,999.
What are key features of this property?
This property features: 1,611 square feet on a 0.0551‑acre lot; Four bedrooms and five bathrooms; Updated in 2021; built in 1985
