Brick Duplex with
For Sale
$1,100,000
163 Bennett Avenue, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size2,282 SF
Lot Size0.16 Acres
Price / SF$482.03
Days on Market40
Property Features for 163 Bennett Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3X
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2
Parking features
Garage
Interior features
Central Air, Pool
Basement
Finished
Subdivision
Annadale
Standard status
Active
Size
2,282 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
8018
Amenities
heated built in pool
Building Details
Year built
1960
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile
Building materials
Brick
Architectural style
Other
Listing Agency:
Compass Realty Central Inc.
(718) 232-6400
Listed By:
Joseph Fuda
(718) 232-6400
Added: Jul 6
Changed: Aug 3
Last Checked: Aug 14 at 2:06PM
MLS# 502803
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 1960 brick duplex contains 2282 square feet with five bedrooms and two bathrooms. The residence is currently configured for single-family use and includes central air, tile and carpet flooring, and a heated built-in pool. A two-car garage is complemented by parking for three additional vehicles.
The property occupies 0.1607 acres and carries R-3X zoning. Its layout, bedroom count, and existing two-family design provide a flexible residential configuration while retaining the physical features of a well-maintained home.
The property occupies 0.1607 acres and carries R-3X zoning. Its layout, bedroom count, and existing two-family design provide a flexible residential configuration while retaining the physical features of a well-maintained home.
Key Highlights
- 2282 square feet on 0.1607 acres
- Brick duplex with five bedrooms and two bathrooms
- Currently configured for single‑family use
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
$56,390
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
5.13%
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%
$1,127,800
$1.1M
Cap Rate 7%
$805,571
$805.6K
Cap Rate 9%
$626,556
$626.6K
Market Conditions
NOI Build-Up for 2,282 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
$87.6K $38.40/SF
− Vacancy
−$7.1K −$3.10/SF
EGI
$80.6K $35.30/SF
− OpEx
−$24.2K −$10.59/SF
NOI
$56.4K $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%
$1,127,800
Cap Rate 7%
$805,571
Cap Rate 9%
$626,556
Alternative Uses
Best Use
Multifamily LT 5
$805.6K
$704.9K – $939.8K
NOI $56,390 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$708.7K
$620.2K – $826.9K
NOI $49,612 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$1.09M
$952.7K – $1.27M
NOI $76,219 @ 7.0% cap · market cap 6.93%
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
477
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 residence with central air, garage parking, and a heated built-in pool.
Where is this duplex located?
The property is located at 163 Bennett Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2282 square feet on 0.1607 acres; Brick duplex with five bedrooms and two bathrooms; Currently configured for single‑family use
