Two-Unit Multifamily
For Sale
Contact for pricing
Pending
12 Tompkins Street, Staten Island, NY 10304
For sale duplex featuring two residential units within a single multifamily property.
Property Size2,544 SF
Days on Market229
Property Features for 12 Tompkins Street
General Information
Standard status
Pending
Size
2,544 SF
Property subtype
Multifamily
Zoning
R3.2
Net Operating Income
$44,965
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Units
2
Listing Agency:
Toni M Martin, Broker
Listed By:
Toni Martin · License #10351205208
Source:
Crexi
Added: Mar 14
Changed: Oct 26
Last Checked: Oct 26 at 4:32PM
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 Toni M Martin, Broker
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Investment Insights
Based on property information with market context.
This two-unit multifamily duplex offers residential income potential with a total of two separate units on one property. The asset is presented for sale as a straightforward multifamily offering.
The property is located at 12 Tompkins Street, Staten Island, NY 10304. Its configuration and layout are designed to support two independent residential units under one ownership.
With its 2-unit setup, the property is well suited for buyers seeking a small-scale residential income structure.
The property is located at 12 Tompkins Street, Staten Island, NY 10304. Its configuration and layout are designed to support two independent residential units under one ownership.
With its 2-unit setup, the property is well suited for buyers seeking a small-scale residential income structure.
Key Highlights
- Duplex with 2 residential units within a single multifamily property
- Year built: 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,864
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,280
$1.3M
Cap Rate 7%
$898,057
$898.1K
Cap Rate 9%
$698,489
$698.5K
Market Conditions
NOI Build-Up for 2,544 SF
Gross rent
$97.7K $38.40/SF
− Vacancy
−$7.9K −$3.10/SF
EGI
$89.8K $35.30/SF
− OpEx
−$26.9K −$10.59/SF
NOI
$62.9K $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 Rate 5%
$1,257,280
Cap Rate 7%
$898,057
Cap Rate 9%
$698,489
Alternative Uses
Best Use
Multifamily LT 5
$898.1K
$785.8K – $1.05M
NOI $62,864 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$823.0K
$720.2K – $960.2K
NOI $57,612 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $84,970 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - For sale duplex featuring two residential units within a single multifamily property.
Where is this duplex located?
The property is located at 12 Tompkins Street Staten Island, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Duplex with 2 residential units within a single multifamily property; Year built: 1920
