129 Forest Street Staten Island, NY 10314
MULTI_FAMILY - Staten Island, NY
- Added:
- Mar 12, 2026
- Days on Market:
- 125
- Last Refresh:
- Jul 14 at 6:06 am
Property Features for 129 Forest Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-X
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 2
- Parking features
- Assigned, Carport
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 02140-0016
- Size
- 2,538 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8715
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Stone, Vinyl Siding
Listing agent Alexander Levin (718) 980-2100
Listing office NextHome Prestige 3195 Richmond Rd., 2nd Floor, Staten Island, NY (718) 980-2100
Listing date Mar 12, 2026
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.
The home includes a 1-car garage plus a 2-car driveway and a carport. Recent updates include fresh paint, refinished floors, and a newer heating/AC system.
Located within a short walk of the Victory Blvd and Richmond Ave intersection, this property is positioned for everyday convenience while maintaining a residential, self-contained duplex configuration.
Key Highlights
- Two‑family home built in 1970 with stone and vinyl siding
- Central air with forced‑air natural gas heating
- Renovated with fresh paint and refinished floors
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.6k | $40.80 |
| − Vacancy | −$4.7k | −$1.84 |
| EGI | $98.9k | $38.96 |
| − OpEx | −$29.7k | −$11.69 |
| NOI | $69.2k | $27.27 |
