Triplex With Finished
For Sale
$1,530,000
112 Laconia Ave, Staten Island, NY 10305
Three-story property with separate utilities, upgraded systems, and a private backyard pool.
Property Size3,024 SF
Days on Market11
Property Features for 112 Laconia Ave
General Information
Standard status
Active
Size
3,024 SF
Property subtype
Multi Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,230
Amenities
backyard pool
whole house automatic generator
Building Details
Building Size
3,024 SF
Year Built
1931
Buildings
1
Stories
3
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Wei Liang (Jay) Zhen
(718) 382-0001
Source:
Elliman
Added: Aug 15
Changed: Aug 19
Last Checked: Aug 24 at 7:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
This three-story triplex contains two 2-bedroom, 1-bathroom apartments on the first and second floors, plus a 3-bedroom, 1-bathroom unit on the third floor. The property also includes a fully finished basement with above-grade windows. Recent improvements include a renovated kitchen and bathroom in the second-floor apartment, a 30-year warranty roof, new windows throughout, and new baseboard heating.
Separate utility infrastructure includes 3 gas meters, 3 boilers, and 3 hot water heaters. A whole-house automatic generator provides backup power, while the backyard features a new pool. The property is located minutes from Hylan Boulevard, with restaurants, shopping, supermarkets, the beach, and the bridge nearby. WalkScore is 75, BikeScore is 39, and TransitScore is 71.
Separate utility infrastructure includes 3 gas meters, 3 boilers, and 3 hot water heaters. A whole-house automatic generator provides backup power, while the backyard features a new pool. The property is located minutes from Hylan Boulevard, with restaurants, shopping, supermarkets, the beach, and the bridge nearby. WalkScore is 75, BikeScore is 39, and TransitScore is 71.
Key Highlights
- Three‑story triplex with two 2‑bedroom units and one 3‑bedroom unit
- Fully finished basement with above‑grade windows
- Second‑floor kitchen and bathroom recently renovated
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
$79,396
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
5.19%
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%
$1,587,920
$1.6M
Cap Rate 7%
$1,134,229
$1.1M
Cap Rate 9%
$882,178
$882.2K
Market Conditions
NOI Build-Up for 3,024 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
$123.4K $40.80/SF
− Vacancy
−$10.0K −$3.29/SF
EGI
$113.4K $37.51/SF
− OpEx
−$34.0K −$11.25/SF
NOI
$79.4K $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%
$1,587,920
Cap Rate 7%
$1,134,229
Cap Rate 9%
$882,178
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$992.5K – $1.32M
NOI $79,396 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$1.04M
$913.1K – $1.22M
NOI $73,048 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $101,002 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,387
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?
Triplex - Three-story property with separate utilities, upgraded systems, and a private backyard pool.
Where is this triplex located?
The property is located at 112 Laconia Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: Three‑story triplex with two 2‑bedroom units and one 3‑bedroom unit; Fully finished basement with above‑grade windows; Second‑floor kitchen and bathroom recently renovated
