Updated Duplex Townhouse with
For Sale
$910,000
39 New Lane, Staten Island, NY 10305
Residential, Staten Island, NY
Property Size1,680 SF
Lot Size0.06 Acres
Price / SF$541.67
Days on Market86
Property Features for 39 New Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1
Parking features
Garage
Subdivision
Shore Acres
Standard status
Active
Size
1,680 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
6457
Building Details
Year built
1995
Floors in Building
3
Number of units
2
Flooring type
Tile
Listing Agency:
Tiger Realty
Listed By:
Pengyi Eridani Zhou
(917) 708-9966
Added: Jun 9
Changed: Aug 30
Last Checked: Sep 2 at 4:06PM
MLS# 502157
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 end-unit duplex townhouse offers 1680 square feet across a three-bedroom primary residence and a separate ground-level studio. The main living area occupies the second and third floors, with a half bathroom on the living level, three bedrooms and a full bathroom upstairs. The studio includes its own full bathroom, creating a distinct secondary living area within the property.
The home includes a private driveway, built-in garage, backyard, and side yard. Heating, A/C, and hot water systems were newly installed. Located in Shore Acres, Staten Island, the property is near local shops, dining, schools, transportation options, and Alice Austen Park. R4 zoning is also noted.
The home includes a private driveway, built-in garage, backyard, and side yard. Heating, A/C, and hot water systems were newly installed. Located in Shore Acres, Staten Island, the property is near local shops, dining, schools, transportation options, and Alice Austen Park. R4 zoning is also noted.
Key Highlights
- 1680 square feet with three bedrooms and three bathrooms
- Separate ground‑level studio with a full bathroom
- End‑unit townhouse with private driveway and built‑in garage
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
$44,109
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
4.85%
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%
$882,180
$882.2K
Cap Rate 7%
$630,129
$630.1K
Cap Rate 9%
$490,100
$490.1K
Market Conditions
NOI Build-Up for 1,680 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
$68.5K $40.80/SF
− Vacancy
−$5.5K −$3.29/SF
EGI
$63.0K $37.51/SF
− OpEx
−$18.9K −$11.25/SF
NOI
$44.1K $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%
$882,180
Cap Rate 7%
$630,129
Cap Rate 9%
$490,100
Alternative Uses
Best Use
Multifamily LT 5
$630.1K
$551.4K – $735.2K
NOI $44,109 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$579.7K
$507.3K – $676.4K
NOI $40,582 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$801.6K
$701.4K – $935.2K
NOI $56,112 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
734
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
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 - Three bedrooms and a ground-level studio provide a flexible multi-unit layout.
Where is this duplex located?
The property is located at 39 New Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: 1680 square feet with three bedrooms and three bathrooms; Separate ground‑level studio with a full bathroom; End‑unit townhouse with private driveway and built‑in garage
