Updated Two-Family
For Sale
$699,000
133 Eaton Place, Staten Island, NY 10302
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size1,536 SF
Lot Size0.05 Acres
Price / SF$455.08
Days on Market138
Property Features for 133 Eaton Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
Parking features
On Street
Patio and Porch features
Deck
Interior features
Ceiling Fan(s)
Basement
Full, Unfinished
Lot features
Front Yard, Back Yard
Subdivision
Port Richmond
Standard status
Active
APN
1124-0012
Size
1,536 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3341
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Hot Water(Heating), Natural Gas
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Building materials
Brick, Stone
Architectural style
Colonial
Listing Agency:
Master Associates Inc.
(718) 987-3000
Listed By:
Louis L Rizzo · License #30RI0802013
(718) 490-0057
Added: Apr 13
Changed: Aug 7
Last Checked: Aug 28 at 9:06AM
MLS# 2601928
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 1,536-square-foot Colonial duplex is configured as a two-family end unit on a 0.0454-acre lot. The primary residence includes three bedrooms, while a newly created studio occupies the first level alongside the kitchen, living room, and half bath. A separate entrance serves the fully gutted basement. The property also features a deck, on-street parking, public sewer, and brick and stone construction.
Major upgrades include a new roof, electrical work, plumbing, and windows. Built in 1931 and zoned R3-2, the home has three electric meters and electric heating with hot water and natural gas service. The property may be delivered vacant or with tenants remaining, providing flexibility for the next owner.
Major upgrades include a new roof, electrical work, plumbing, and windows. Built in 1931 and zoned R3-2, the home has three electric meters and electric heating with hot water and natural gas service. The property may be delivered vacant or with tenants remaining, providing flexibility for the next owner.
Key Highlights
- Two‑family end‑unit duplex with 1,536 square feet of property size
- Three‑bedroom main residence plus a brand‑new studio apartment
- Major updates include roof, electrical, plumbing, and windows
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
$38,198
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
5.46%
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%
$763,960
$764.0K
Cap Rate 7%
$545,686
$545.7K
Cap Rate 9%
$424,422
$424.4K
Market Conditions
NOI Build-Up for 1,536 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
$57.1K $37.20/SF
− Vacancy
−$2.6K −$1.67/SF
EGI
$54.6K $35.53/SF
− OpEx
−$16.4K −$10.66/SF
NOI
$38.2K $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%
$763,960
Cap Rate 7%
$545,686
Cap Rate 9%
$424,422
Alternative Uses
Best Use
Multifamily LT 5
$545.7K
$477.5K – $636.6K
NOI $38,198 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$486.6K
$425.8K – $567.7K
NOI $34,062 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$732.9K
$641.3K – $855.1K
NOI $51,303 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Brick Colonial duplex with a new studio apartment, separate basement access, and three electric meters.
Where is this duplex located?
The property is located at 133 Eaton Place Staten Island, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family end‑unit duplex with 1,536 square feet of property size; Three‑bedroom main residence plus a brand‑new studio apartment; Major updates include roof, electrical, plumbing, and windows
