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Duplex with Deck and Central Air
For Sale
$888,888
Pending

153 Bath Avenue, Staten Island, NY 10305

SINGLE_FAMILY - Colonial - Staten Island, NY

Property Size1,504 SF
Lot Size0.06 Acres
Days on Market52

Property Features for 153 Bath Avenue

General Information

Property type Residential
Property subtype Duplex
Zoning R3X
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1
Parking features Driveway
Security features Security System
Patio and Porch features Deck
Fencing Fenced
Basement Full, Finished
Appliances Dishwasher, Refrigerator
Lot features Front Yard, Back Yard, Side
Subdivision Grasmere
Standard status Pending
Size 1,504 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6931

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

central air conditioning
split-system A/C
solar panels

Building Details

Year built 1998
Floors in Building 2
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Inna Vayser · License #10401263639
Added: Jul 15 Changed: Aug 5 Last Checked: Sep 4 at 4:06PM
MLS# 2603989

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.

Duplex-style residence with a Colonial architectural style, built in 1998. The home features an open kitchen and dining arrangement, three bedrooms and three bathrooms, and appliances including a dishwasher and refrigerator. Year-round comfort is supported by central air conditioning, supplemented by a split-system A/C, along with forced-air heating using natural gas. Vinyl siding, public sewer service, and a fenced setting with a driveway and deck add to the everyday usability. Solar panels provide an energy-efficient power option.

Located at 153 Bath Avenue in Staten Island (Richmond County), this property sits on a 0.0574-acre lot and has a total size of 1,504 square feet. Zoning is R3X.

Parking is available via a driveway, and the exterior includes a deck and fenced yard.

Key Highlights

  • Solar panels for energy efficiency
  • Central air plus supplemental split‑system A/C
  • Forced‑air natural gas heating

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
$39,488
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
4.44%
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%
$789,760 $789.8K
Cap Rate 7%
$564,114 $564.1K
Cap Rate 9%
$438,756 $438.8K
Market Conditions
NOI Build-Up for 1,504 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
$61.4K $40.80/SF
− Vacancy
−$5.0K −$3.29/SF
EGI
$56.4K $37.51/SF
− OpEx
−$16.9K −$11.25/SF
NOI
$39.5K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /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%
$789,760
Cap Rate 7%
$564,114
Cap Rate 9%
$438,756

Alternative Uses

Best Use
Multifamily LT 5
$564.1K
$493.6K – $658.1K (±1% cap)
NOI $39,488 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$519.0K
$454.1K – $605.5K (±1% cap)
NOI $36,331 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$717.6K
$627.9K – $837.2K (±1% cap)
NOI $50,234 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Garden Center Cafe & Coffee Shop Locksmith Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,590
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Zoned R3X, this duplex includes central air, forced-air natural gas heating, solar panels, and a fenced driveway with deck.
Where is this duplex located?
The property is located at 153 Bath Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $888,888.
What are key features of this property?
This property features: Solar panels for energy efficiency; Central air plus supplemental split‑system A/C; Forced‑air natural gas heating
More about this property
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