Duplex with Inground Swimming
For Sale
$1,000,000
146 Halpin Avenue, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,600 SF
Lot Size0.24 Acres
Price / SF$277.78
Days on Market100
Property Features for 146 Halpin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1
Parking features
Open
Patio and Porch features
Patio
Basement
Full
Subdivision
Annadale
Standard status
Active
Size
3,600 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
11748
Utilities
Sewer type
Septic Tank
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
large eat-in-kitchen
formal dining and living rooms
inground swimming pool
expansive primary with en-suite
partially finished basement
wood burning fireplace
Building Details
Year built
1986
Floors in Building
2
Number of units
1
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency:
Homefinders of SI Inc.
(718) 761-5000
Listed By:
Mei Juan Shi
(718) 761-5000
Added: May 7
Changed: Aug 2
Last Checked: Aug 14 at 5:06PM
MLS# 2602552
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 Arden Heights center hall colonial duplex offers approximately +/-3,600 total SF of living space on an 87' x 120' lot. The two-family residence provides four bedrooms and 3.5 baths, including a large eat-in kitchen plus formal dining and living rooms. Additional features include an expansive primary with en-suite, a wood burning fireplace, a patio, and a partially finished basement. The property also includes an inground swimming pool. Construction is aluminum siding, with hot water heating and natural gas, and central air cooling.
Zoned R3X, the home is supported by a septic tank system and includes open parking. The sale is a Court authorized transaction of real property by a Chapter 7 bankruptcy trustee, conducted via online auction in June 2026, subject to Bankruptcy Court approval.
The property will be conveyed free and clear of all liens, claims, and encumbrances in an “as-is, where-is” condition. The main residence is scheduled for delivery vacant and free of all tenancies, subject to Court approval.
Zoned R3X, the home is supported by a septic tank system and includes open parking. The sale is a Court authorized transaction of real property by a Chapter 7 bankruptcy trustee, conducted via online auction in June 2026, subject to Bankruptcy Court approval.
The property will be conveyed free and clear of all liens, claims, and encumbrances in an “as-is, where-is” condition. The main residence is scheduled for delivery vacant and free of all tenancies, subject to Court approval.
Key Highlights
- 87' x 120' lot with a two‑family colonial layout
- +/-3,600 total SF of living space
- Four bedrooms and 3.5 baths
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
$88,959
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
8.90%
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%
$1,779,180
$1.8M
Cap Rate 7%
$1,270,843
$1.3M
Cap Rate 9%
$988,433
$988.4K
Market Conditions
NOI Build-Up for 3,600 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
$138.2K $38.40/SF
− Vacancy
−$11.2K −$3.10/SF
EGI
$127.1K $35.30/SF
− OpEx
−$38.1K −$10.59/SF
NOI
$89.0K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
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%
$1,779,180
Cap Rate 7%
$1,270,843
Cap Rate 9%
$988,433
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,959 @ 7.0% cap · market cap 8.90%
Second Best
Apartment 5plus
$1.12M
$978.3K – $1.30M
NOI $78,265 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,241 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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-family colonial residence with central air, natural gas heating, and R3X zoning.
Where is this duplex located?
The property is located at 146 Halpin Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 87' x 120' lot with a two‑family colonial layout; +/-3,600 total SF of living space; Four bedrooms and 3.5 baths
