Vacant Duplex with Studio
For Sale
Contact for pricing
126 Tyrrell Street, Staten Island, NY 10307
Two-family property with a separate studio and recently updated major systems.
Property Size2,200 SF
Price / SF$522.73
Days on Market9
Property Features for 126 Tyrrell Street
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multifamily
Zoning
R3A
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
hot tub
Building Details
Year Built
2001
Buildings
1
Stories
2
Units
2
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Cristina Chianese · License #10401366584
Source:
Crexi
Added: Aug 9
Changed: Aug 14
Last Checked: Aug 16 at 11:02AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 2001, this 2,200-square-foot duplex offers a three-bedroom, three-bath configuration with a studio apartment. The property will be delivered fully vacant at closing, supporting flexible occupancy or rental arrangements. The roof, air conditioner, and boiler are each 3 years old. A private hot tub and solar energy system are also included.
Located in Tottenville on Staten Island’s South Shore, the property is near the Staten Island Railway, with connections to the St. George Ferry and Lower Manhattan. Local service includes the S59, S74, and S78 buses, while SIM 2, SIM 25, and SIM 26 provide express routes to Manhattan. The property is zoned R3A and is zoned for Tottenville High School, with access to waterfront parks, local shops, and the Outerbridge Crossing.
Located in Tottenville on Staten Island’s South Shore, the property is near the Staten Island Railway, with connections to the St. George Ferry and Lower Manhattan. Local service includes the S59, S74, and S78 buses, while SIM 2, SIM 25, and SIM 26 provide express routes to Manhattan. The property is zoned R3A and is zoned for Tottenville High School, with access to waterfront parks, local shops, and the Outerbridge Crossing.
Key Highlights
- Three‑bedroom, three‑bath duplex with a studio apartment
- 2,200 SF property built in 2001
- Delivered fully vacant at closing
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
$54,710
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
4.76%
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%
$1,094,200
$1.1M
Cap Rate 7%
$781,571
$781.6K
Cap Rate 9%
$607,889
$607.9K
Market Conditions
NOI Build-Up for 2,200 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
$81.8K $37.20/SF
− Vacancy
−$3.7K −$1.67/SF
EGI
$78.2K $35.53/SF
− OpEx
−$23.4K −$10.66/SF
NOI
$54.7K $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%
$1,094,200
Cap Rate 7%
$781,571
Cap Rate 9%
$607,889
Alternative Uses
Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.8K
NOI $54,710 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K
NOI $48,787 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with a separate studio and recently updated major systems.
Where is this duplex located?
The property is located at 126 Tyrrell Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,149,999.
What are key features of this property?
This property features: Three‑bedroom, three‑bath duplex with a studio apartment; 2,200 SF property built in 2001; Delivered fully vacant at closing
