Upgraded Colonial
For Sale
$988,000
111 Burgher Avenue, Staten Island, NY 10304
Residential, Staten Island, NY
Property Size1,584 SF
Lot Size0.06 Acres
Price / SF$623.74
Days on Market18
Property Features for 111 Burgher Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Parking features
Driveway
Window features
Skylight(s)
Fencing
Fenced
Basement
Full, Finished
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Lot features
Back Yard
Subdivision
Dongan Hills-Above Hylan
Standard status
Active
APN
03291/0066
Size
1,584 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7304
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
jacuzzi
built-in pavilion
Building Details
Year built
1998
Floors in Building
2
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Yan Xing · License #10401301559
(718) 987-7900
Added: Aug 7
Changed: Aug 23
Last Checked: Aug 24 at 1:06AM
MLS# 2604463
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 Colonial duplex, built in 1998, combines custom interior work with a practical residential layout. The home includes an open kitchen and dining area, a finished basement with its own entrance, bathrooms, high ceilings, and large windows, plus four bathrooms and three bedrooms. Appliances include a dishwasher, dryer, refrigerator, and washer. Heating is provided by natural gas and forced air, with central air conditioning.
The fenced backyard is finished with pavers and includes a Jacuzzi and built-in pavilion for outdoor use. The property has a driveway, public sewer, and aluminum siding. Located in Dongan Hills, the home is near shopping, transportation, parks, and major routes. No flood insurance is required. The property occupies 0.0617 acres and is zoned R3X.
The fenced backyard is finished with pavers and includes a Jacuzzi and built-in pavilion for outdoor use. The property has a driveway, public sewer, and aluminum siding. Located in Dongan Hills, the home is near shopping, transportation, parks, and major routes. No flood insurance is required. The property occupies 0.0617 acres and is zoned R3X.
Key Highlights
- Finished basement with separate entrance, bathrooms, high ceilings, and large windows
- Fenced backyard with pavers, Jacuzzi, and built‑in pavilion
- 1,584 square feet on a 0.0617‑acre lot
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
$39,142
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
3.96%
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%
$782,840
$782.8K
Cap Rate 7%
$559,171
$559.2K
Cap Rate 9%
$434,911
$434.9K
Market Conditions
NOI Build-Up for 1,584 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
$60.8K $38.40/SF
− Vacancy
−$4.9K −$3.10/SF
EGI
$55.9K $35.30/SF
− OpEx
−$16.8K −$10.59/SF
NOI
$39.1K $24.71/SF
Area
ZIP 10304
Vacancy
8.07%
Lease Rate
$38.40 /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%
$782,840
Cap Rate 7%
$559,171
Cap Rate 9%
$434,911
Alternative Uses
Best Use
Multifamily LT 5
$559.2K
$489.3K – $652.4K
NOI $39,142 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$512.5K
$448.4K – $597.9K
NOI $35,872 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$755.8K
$661.3K – $881.8K
NOI $52,906 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,796
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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 - Semi-attached duplex with a finished basement, outdoor entertaining area, and custom interior improvements.
Where is this duplex located?
The property is located at 111 Burgher Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Finished basement with separate entrance, bathrooms, high ceilings, and large windows; Fenced backyard with pavers, Jacuzzi, and built‑in pavilion; 1,584 square feet on a 0.0617‑acre lot
