Vacant Duplex with Updated
For Sale
$1,129,888
126 Tyrrell Street, Staten Island, NY 10307
Residential Income, Staten Island, NY
Property Size2,200 SF
Lot Size0.08 Acres
Price / SF$513.59
Days on Market52
Property Features for 126 Tyrrell Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Open
Security features
Security
Patio and Porch features
Deck
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Fencing
Fenced
Basement
Apartment, Partial
Lot features
Back Yard
Subdivision
Tottenville
Standard status
Active
Size
2,200 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
10950
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
hot tub
Building Details
Year built
2001
Floors in Building
2
Number of units
2
Building materials
Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Cristina Chianese · License #10401366584
(917) 201-8491
Added: Jul 20
Changed: Sep 9
Last Checked: Sep 9 at 4:06PM
MLS# 2604092
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 2,200-square-foot duplex was built in 2001 with a Colonial design and includes three bedrooms, three bathrooms, and a studio apartment. The home will be delivered fully vacant at closing. Recent improvements include a roof, air conditioner, and boiler that are each 3 years old. Additional features include forced-air natural gas heating, central air, walk-in closet, ceiling fans, stucco and vinyl siding, and a private deck with fenced outdoor space. A solar energy system is also installed.
The property is located at 126 Tyrrell Street in Staten Island, NY 10307, within the Tottenville area. Public sewer service is in place, and the property is zoned R3A. Open parking is available. The Staten Island Railway, local bus routes, express Manhattan service, the St. George Ferry, waterfront parks, local shops, and the Outerbridge Crossing are identified in the surrounding area. The lot contains 0.0803 acres.
The property is located at 126 Tyrrell Street in Staten Island, NY 10307, within the Tottenville area. Public sewer service is in place, and the property is zoned R3A. Open parking is available. The Staten Island Railway, local bus routes, express Manhattan service, the St. George Ferry, waterfront parks, local shops, and the Outerbridge Crossing are identified in the surrounding area. The lot contains 0.0803 acres.
Key Highlights
- 2,200 square feet on a 0.0803‑acre lot
- Three‑bedroom, three‑bath duplex with a studio apartment
- 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
4.84%
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 4.84%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K
NOI $48,787 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with a studio apartment, private deck, fenced outdoor space, and solar energy system.
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 $1,129,888.
What are key features of this property?
This property features: 2,200 square feet on a 0.0803‑acre lot; Three‑bedroom, three‑bath duplex with a studio apartment; Delivered fully vacant at closing
