Duplex Property with Private
For Sale
$859,000
Pending
299 Travis Avenue, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size2,128 SF
Lot Size0.06 Acres
Days on Market91
Property Features for 299 Travis Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Garage, Driveway
Pool private
1
Basement
Finished, Full
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Back Yard
Subdivision
New Springville
Standard status
Pending
Size
2,128 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7343
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
deck
pool
Building Details
Year built
1980
Floors in Building
2
Building materials
Vinyl Siding
Listing Agency:
Hometime Estates LLC
(718) 524-0400
Listed By:
Lee Goldstein
(718) 614-3115
Added: Jul 3
Changed: Sep 13
Last Checked: Oct 1 at 8:06PM
MLS# 2603744
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 2,128-square-foot duplex property was built in 1980 and offers three bedrooms and 2.5 bathrooms. The interior includes hardwood flooring, an eat-in kitchen with granite countertops and stainless steel appliances, plus a side entry to additional living space suitable for a family room, office, guest area, or recreation room. A rear deck extends the usable space outdoors, while the private backyard includes a pool.
The property sits on a 0.0551-acre lot with a garage and driveway. It has vinyl siding, natural-gas forced-air heating, central air conditioning, and public sewer service. Located near Staten Island Mall, shopping, restaurants, schools, parks, and public transportation, the property is zoned R3-1.
The property sits on a 0.0551-acre lot with a garage and driveway. It has vinyl siding, natural-gas forced-air heating, central air conditioning, and public sewer service. Located near Staten Island Mall, shopping, restaurants, schools, parks, and public transportation, the property is zoned R3-1.
Key Highlights
- 2,128‑square‑foot duplex property built in 1980
- Three bedrooms and 2.5 bathrooms
- Private backyard pool and rear deck
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
$58,041
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
6.76%
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%
$1,160,820
$1.2M
Cap Rate 7%
$829,157
$829.2K
Cap Rate 9%
$644,900
$644.9K
Market Conditions
NOI Build-Up for 2,128 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
$86.8K $40.80/SF
− Vacancy
−$3.9K −$1.84/SF
EGI
$82.9K $38.96/SF
− OpEx
−$24.9K −$11.69/SF
NOI
$58.0K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
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%
$1,160,820
Cap Rate 7%
$829,157
Cap Rate 9%
$644,900
Alternative Uses
Best Use
Multifamily LT 5
$829.2K
$725.5K – $967.4K
NOI $58,041 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$768.9K
$672.8K – $897.0K
NOI $53,820 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$1.02M
$888.5K – $1.18M
NOI $71,076 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached residence with flexible lower-level space, outdoor amenities, and convenient access to shopping, schools, parks, and transit.
Where is this duplex located?
The property is located at 299 Travis Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: 2,128‑square‑foot duplex property built in 1980; Three bedrooms and 2.5 bathrooms; Private backyard pool and rear deck
