Two-Family High Ranch with
For Sale
$1,150,000
102 Saxon Avenue, Staten Island, NY 10314
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size3,132 SF
Lot Size0.10 Acres
Price / SF$367.18
Days on Market96
Property Features for 102 Saxon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4
Parking features
On Street, Garage, Driveway
Pool private
1
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Unfinished, Full
Lot features
Front Yard, Back Yard
Subdivision
New Springville
Standard status
Active
Size
3,132 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
8056
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
garage
enclosed porch
above ground pool
yard
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Ranch
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Eileen M Pinto · License #10301206954
(718) 987-7900
Added: May 21
Changed: Aug 17
Last Checked: Aug 24 at 2:06PM
MLS# 2602860
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.
Ranch-style two-family high ranch built in 1970, offering distinct living spaces and practical in-home functionality. The first floor includes a foyer, garage, half bath, laundry area, basement access, and a large family room with sliders to an enclosed porch. A split-level apartment features a private side entrance, a kitchen with granite countertops and backsplash, vinyl flooring in the living area, steps up to a full bath, and two bedrooms with hardwood floors. The second floor provides a living room, dining room, eat-in kitchen with granite countertops and backsplash, an updated full bath, three bedrooms, attic storage, and hardwood floors throughout. The basement is full and unfinished with utilities and storage.
The home features stone and vinyl siding, ceiling fan(s), central air, natural gas forced air heat, and a fenced yard with a private pool. Parking includes a garage, driveway, and on-street/driveway options, along with public sewer service. The lot size is 0.0996 acres, zoned R3-1.
Additional amenities and features include an enclosed porch and both on- and off-street parking arrangements.
The home features stone and vinyl siding, ceiling fan(s), central air, natural gas forced air heat, and a fenced yard with a private pool. Parking includes a garage, driveway, and on-street/driveway options, along with public sewer service. The lot size is 0.0996 acres, zoned R3-1.
Additional amenities and features include an enclosed porch and both on- and off-street parking arrangements.
Key Highlights
- R3‑1 zoned two‑family high ranch built in 1970
- Fenced yard with private pool (pool on‑site)
- Stone and vinyl siding exterior
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
$85,425
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
7.43%
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%
$1,708,500
$1.7M
Cap Rate 7%
$1,220,357
$1.2M
Cap Rate 9%
$949,167
$949.2K
Market Conditions
NOI Build-Up for 3,132 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
$127.8K $40.80/SF
− Vacancy
−$5.8K −$1.84/SF
EGI
$122.0K $38.96/SF
− OpEx
−$36.6K −$11.69/SF
NOI
$85.4K $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%
$1,708,500
Cap Rate 7%
$1,220,357
Cap Rate 9%
$949,167
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,425 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$1.13M
$990.2K – $1.32M
NOI $79,212 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,610 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
712
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
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 high ranch on R3-1 zoning with central air, natural gas forced-air heat, and a fenced yard with an on-site pool.
Where is this duplex located?
The property is located at 102 Saxon Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: R3‑1 zoned two‑family high ranch built in 1970; Fenced yard with private pool (pool on‑site); Stone and vinyl siding exterior
