Legal Three-Family Triplex with
For Sale
$828,888
Pending
12 Pauw Street, Staten Island, NY 10301
MULTI_FAMILY - Staten Island, NY
Property Size1,528 SF
Lot Size0.04 Acres
Days on Market461
Property Features for 12 Pauw Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R5
Bedrooms
5
Bathrooms
6
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 1
Parking features
On Street, Off Street
Patio and Porch features
Patio
Exterior features
Balcony
Fencing
Fenced
Subdivision
St. George
Standard status
Pending
APN
00047-0060
Size
1,528 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7100
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Building Details
Year built
2011
Floors in Building
3
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
International Realty Services
(646) 932-2205
Listed By:
John Galarza
(646) 932-2205
Added: May 20, 2025
Changed: Aug 4
Last Checked: Aug 23 at 5:06PM
MLS# 2502867
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 legal three-family triplex features all separate utilities and a layout designed to support independent living across the three units. Built in 2011 with vinyl siding, the property has a patio and balcony, fenced outdoor space, and public sewer service. Heating is provided by natural gas hot water.
Located in Staten Island’s New Brighton area, the home is positioned for convenient access to shopping and public transportation, with ferry service to Manhattan only minutes away. Parking is available both off-street and on-street.
The property was recently updated in 2025 to obtain a Final Certificate of Occupancy. The potential cap rate referenced for the property is 12.75.
Located in Staten Island’s New Brighton area, the home is positioned for convenient access to shopping and public transportation, with ferry service to Manhattan only minutes away. Parking is available both off-street and on-street.
The property was recently updated in 2025 to obtain a Final Certificate of Occupancy. The potential cap rate referenced for the property is 12.75.
Key Highlights
- Built in 2011; updated in 2025 for Final Certificate of Occupancy
- Legal three‑family with all separate utilities
- 0.0351‑acre lot with 1,528 SF total
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
$37,999
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
4.58%
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%
$759,980
$760.0K
Cap Rate 7%
$542,843
$542.8K
Cap Rate 9%
$422,211
$422.2K
Market Conditions
NOI Build-Up for 1,528 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
$56.8K $37.20/SF
− Vacancy
−$2.6K −$1.67/SF
EGI
$54.3K $35.53/SF
− OpEx
−$16.3K −$10.66/SF
NOI
$38.0K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$759,980
Cap Rate 7%
$542,843
Cap Rate 9%
$422,211
Alternative Uses
Best Use
Multifamily LT 5
$542.8K
$475.0K – $633.3K
NOI $37,999 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$484.1K
$423.6K – $564.8K
NOI $33,885 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$729.1K
$638.0K – $850.6K
NOI $51,036 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,728
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
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 - Legal three-family triplex with separate utilities, off-street and on-street parking, plus patio and balcony space.
Where is this triplex located?
The property is located at 12 Pauw Street Staten Island, NY.
What is the asking price?
The asking price for this property is $828,888.
What are key features of this property?
This property features: Built in 2011; updated in 2025 for Final Certificate of Occupancy; Legal three‑family with all separate utilities; 0.0351‑acre lot with 1,528 SF total
