Renovated All-Brick Single-Family
For Sale
$588,000
103 Monroe Avenue, Staten Island, NY 10301
SINGLE_FAMILY - Staten Island, NY
Property Size1,477 SF
Lot Size0.04 Acres
Price / SF$398.10
Days on Market114
Property Features for 103 Monroe Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Half bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
On Street
Patio and Porch features
Deck
Interior features
Ceiling Fan(s)
Basement
Full, Unfinished
Appliances
Dishwasher, Refrigerator
Lot features
Back Yard
Subdivision
St. George
Standard status
Active
Size
1,477 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4319
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1930
Floors in Building
3
Building materials
Aluminum Siding, Brick
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Jieying Yang
(718) 987-7900
Added: May 19
Changed: Aug 2
Last Checked: Sep 9 at 6:06PM
MLS# 2602795
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.
All-brick single-family home featuring a 4-bedroom, 3-bath layout across multiple levels. The property was renovated in 2021 and includes an equipped eat-in kitchen with new cabinets, a living room with an alcove, and a dining room or additional bedroom. Level 1 also provides a half bath. Level 2 includes the master bedroom, another bedroom, and a full bath. Level 3 has a bedroom and an additional half bath, while the basement can be used for storing belongings.
The home is zoned R5. Public remarks note it is minutes from the Staten Island Ferry.
With its renovated interior and defined room layout across three levels plus a usable basement for storage, the residence offers a straightforward option for buyers seeking an all-brick, multi-level single-family structure.
The home is zoned R5. Public remarks note it is minutes from the Staten Island Ferry.
With its renovated interior and defined room layout across three levels plus a usable basement for storage, the residence offers a straightforward option for buyers seeking an all-brick, multi-level single-family structure.
Key Highlights
- All‑brick single‑family home with 4 bedrooms and 3 bathrooms (built 1930)
- Renovated in 2021, including new cabinets in the eat‑in kitchen
- Multiple finished levels with a living room with alcove plus flexible dining room or bedroom space
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
$32,754
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
5.57%
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%
$655,080
$655.1K
Cap Rate 7%
$467,914
$467.9K
Cap Rate 9%
$363,933
$363.9K
Market Conditions
NOI Build-Up for 1,477 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
$62.0K $42.00/SF
− Vacancy
−$2.5K −$1.68/SF
EGI
$59.6K $40.32/SF
− OpEx
−$26.8K −$18.14/SF
NOI
$32.8K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /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%
$655,080
Cap Rate 7%
$467,914
Cap Rate 9%
$363,933
Alternative Uses
Best Use
Apartment 5plus
$467.9K
$409.4K – $545.9K
NOI $32,754 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$704.7K
$616.7K – $822.2K
NOI $49,332 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,664
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - All-brick 4-bedroom, 3-bath home renovated in 2021 with multi-level layout and basement storage.
Where is this single family property located?
The property is located at 103 Monroe Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $588,000.
What are key features of this property?
This property features: All‑brick single‑family home with 4 bedrooms and 3 bathrooms (built 1930); Renovated in 2021, including new cabinets in the eat‑in kitchen; Multiple finished levels with a living room with alcove plus flexible dining room or bedroom space
