Tompkinsville Two-Family
For Sale
$899,000
Pending
99 Stanley Ave, Staten Island, NY 10301
Two-family home in Tompkinsville with large yard and garage.
Property Size2,567 SF
Lot Size0.23 Acres
Days on Market109
Property Features for 99 Stanley Ave
General Information
Standard status
Pending
Size
2,567 SF
Lot size
0.23 Acres
Property subtype
Multi Family
Building Details
Year Built
1930
Listing Agency:
Real Broker LLC
(718) 256-4000
Listed By:
Eddie Anwar Arib
(718) 256-4000
Source:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Aug 13 at 7:48AM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
Located in the heart of Tompkinsville, Staten Island, 99 Stanley Avenue is a two-family home situated on a 100 x 100 lot. The property offers a total of 5 bedrooms, 3 baths, and 2567 square feet of living space. The first unit is a 2-bedroom apartment featuring ceramic tiles, ample closet space, an updated kitchen, and a tiled full bath. The second unit includes 5 bedrooms, 2 full baths, hardwood floors, a dining room, a living room, a finished attic, and walk-in closets. The property also features a large fenced yard and a detached car garage. Each unit has separate heating. The location is convenient to parks, a major transportation hub, the NYC Ferry terminal, express buses, the expressway, and shopping. The transit score is 67, indicating good transit options. The walk score is 58, indicating it is somewhat walkable, and the bike score is 27, indicating it is somewhat bikeable.
Key Highlights
- Two‑family home in Tompkinsville, Staten Island, perfect for rental income or multi‑generational living.
- Large 100 x 100 lot featuring a very large fenced yard and detached car garage.
- Convenient location near parks, major transportation hub, NYC Ferry terminal, express buses, the expressway, and shopping.
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
$63,837
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
7.10%
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%
$1,276,740
$1.3M
Cap Rate 7%
$911,957
$912.0K
Cap Rate 9%
$709,300
$709.3K
Market Conditions
NOI Build-Up for 2,567 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
$95.5K $37.20/SF
− Vacancy
−$4.3K −$1.67/SF
EGI
$91.2K $35.53/SF
− OpEx
−$27.4K −$10.66/SF
NOI
$63.8K $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%
$1,276,740
Cap Rate 7%
$911,957
Cap Rate 9%
$709,300
Alternative Uses
Best Use
Multifamily LT 5
$912.0K
$798.0K – $1.06M
NOI $63,837 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$813.2K
$711.6K – $948.8K
NOI $56,926 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,738 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,732
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?
Duplex - Two-family home in Tompkinsville with large yard and garage.
Where is this duplex located?
The property is located at 99 Stanley Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family home in Tompkinsville, Staten Island, perfect for rental income or multi‑generational living.; Large 100 x 100 lot featuring a very large fenced yard and detached car garage.; Convenient location near parks, major transportation hub, NYC Ferry terminal, express buses, the expressway, and shopping.
