Renovated Duplex with Finished
New
For Sale
$640,000
133 Northfield Avenue, Staten Island, NY 10303
Residential, Staten Island, NY
Property Size1,100 SF
Lot Size0.04 Acres
Price / SF$581.82
Days on Market5
Property Features for 133 Northfield Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3
Parking features
Driveway, Carport
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Full, Partially Finished
Appliances
Refrigerator
Lot features
Back Yard, Side
Subdivision
Mariners Harbor
Standard status
Active
APN
01267/0062
Size
1,100 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3590
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Year built
1992
Floors in Building
2
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Cindy C Cheung · License #40CH0915567
(917) 601-2627
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 5 at 2:06AM
MLS# 2604915
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 1,100-square-foot duplex at 133 Northfield Avenue was built in 1992 and has been completely renovated. The residence includes three bedrooms, one full bathroom, one half bathroom, a living room, formal dining area, eat-in kitchen, and a finished basement. The lower level also includes a family room with plumbing connections for a three-quarter bathroom. Interior improvements include quartz kitchen countertops, tall cabinetry, hardwood flooring, updated bathrooms, closet doors, Anderson windows, and window blinds.
The property occupies 0.0415 acres and includes a fenced backyard with new concrete and waterproofing, aluminum fencing, gutters, and a driveway with carport parking. Additional features include natural-gas forced-air heat, a refrigerator, public sewer service, aluminum siding, and a Colonial architectural style. The property is zoned R3X and is offered for sale as-is.
The property occupies 0.0415 acres and includes a fenced backyard with new concrete and waterproofing, aluminum fencing, gutters, and a driveway with carport parking. Additional features include natural-gas forced-air heat, a refrigerator, public sewer service, aluminum siding, and a Colonial architectural style. The property is zoned R3X and is offered for sale as-is.
Key Highlights
- 1,100‑square‑foot duplex on a 0.0415‑acre lot
- Three bedrooms with 1 full bathroom and 1 half bathroom
- Finished basement with family room and three‑quarter bathroom plumbing hookup
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
$27,355
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
4.27%
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%
$547,100
$547.1K
Cap Rate 7%
$390,786
$390.8K
Cap Rate 9%
$303,944
$303.9K
Market Conditions
NOI Build-Up for 1,100 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
$40.9K $37.20/SF
− Vacancy
−$1.8K −$1.67/SF
EGI
$39.1K $35.53/SF
− OpEx
−$11.7K −$10.66/SF
NOI
$27.4K $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%
$547,100
Cap Rate 7%
$390,786
Cap Rate 9%
$303,944
Alternative Uses
Best Use
Multifamily LT 5
$390.8K
$341.9K – $455.9K
NOI $27,355 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$348.5K
$304.9K – $406.6K
NOI $24,394 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$524.9K
$459.3K – $612.3K
NOI $36,740 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
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 - Finished lower level, fenced outdoor area, and off-street parking support residential use.
Where is this duplex located?
The property is located at 133 Northfield Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 1,100‑square‑foot duplex on a 0.0415‑acre lot; Three bedrooms with 1 full bathroom and 1 half bathroom; Finished basement with family room and three‑quarter bathroom plumbing hookup
