Three-Bedroom Colonial
For Sale
$699,000
Pending
173 Benton Avenue, Staten Island, NY 10305
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size1,108 SF
Lot Size0.05 Acres
Days on Market72
Property Features for 173 Benton Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Off Street, Driveway, On Street
Patio and Porch features
Patio
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Fencing
Fenced
Basement
Full, Partially Finished
Appliances
Dryer, Freezer, Microwave, Refrigerator, Washer
Lot features
Front Yard, Back Yard
Subdivision
Old Town
Standard status
Pending
Size
1,108 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3201
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Building Details
Year built
1960
Floors in Building
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Keller Williams Realty Staten Island
(718) 766-7159
Listed By:
Ferhat Kocer
(347) 394-8403
Added: Jul 1
Changed: Aug 6
Last Checked: Sep 10 at 3:06AM
MLS# 2603656
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 semi-attached three-bedroom colonial offers a functional interior layout with newly refinished hardwood floors in the living room and a spacious eat-in kitchen that opens to a sunroom. A half bath completes the main level. Upstairs are three bedrooms, including a primary bedroom with a walk-in closet and direct access to the attic for additional storage. The full basement is partially finished, with flooring remaining to complete a recreation room, home office, or additional living space.
Outside, there is a partially paved backyard with a storage shed and room to relax or entertain. A private driveway provides off-street parking, with additional street parking available nearby. The property is located in Staten Island’s Old Town neighborhood and is minutes from the Verrazzano Bridge, shopping, dining, and transportation.
The home is situated on a 0.0505-acre lot and has a property size of 1,108 square feet. The listing is under zoning R3-1.
Outside, there is a partially paved backyard with a storage shed and room to relax or entertain. A private driveway provides off-street parking, with additional street parking available nearby. The property is located in Staten Island’s Old Town neighborhood and is minutes from the Verrazzano Bridge, shopping, dining, and transportation.
The home is situated on a 0.0505-acre lot and has a property size of 1,108 square feet. The listing is under zoning R3-1.
Key Highlights
- 3‑bedroom Colonial‑style home in the Old Town neighborhood with a functional layout
- Main level includes an eat‑in kitchen opening to a sunroom and a half bath
- Primary bedroom has a walk‑in closet and direct access to the attic for additional storage
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
$26,765
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
3.83%
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%
$535,300
$535.3K
Cap Rate 7%
$382,357
$382.4K
Cap Rate 9%
$297,389
$297.4K
Market Conditions
NOI Build-Up for 1,108 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
$53.2K $48.00/SF
− Vacancy
−$4.5K −$4.08/SF
EGI
$48.7K $43.92/SF
− OpEx
−$21.9K −$19.76/SF
NOI
$26.8K $24.16/SF
Area
ZIP 10305
Vacancy
8.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
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%
$535,300
Cap Rate 7%
$382,357
Cap Rate 9%
$297,389
Alternative Uses
Best Use
Apartment 5plus
$382.4K
$334.6K – $446.1K
NOI $26,765 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$528.7K
$462.6K – $616.8K
NOI $37,007 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,387
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Single family property - Semi-attached three-bedroom colonial with a partially finished basement, sunroom, private driveway, and partially paved backyard.
Where is this single family property located?
The property is located at 173 Benton Avenue 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: 3‑bedroom Colonial‑style home in the Old Town neighborhood with a functional layout; Main level includes an eat‑in kitchen opening to a sunroom and a half bath; Primary bedroom has a walk‑in closet and direct access to the attic for additional storage
