Two-Family Residential Income
For Sale
$850,000
136 Erika Loop, Staten Island, NY 10312
Semi-attached two-family home with a one-bedroom unit on a separate entrance and private parking.
Property Size2,536 SF
Price / SF$335.31
Days on Market111
Property Features for 136 Erika Loop
General Information
Standard status
Active
Size
2,536 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,936
Amenities
hardwood floors
built-in garage
private parking
backyard
tankless water heaters
separate heat/cooling
Building Details
Building Size
2,536 SF
Year Built
2001
Stories
3
Tenancy
Multi
Listing Agency:
Womcore LLC dba Remax Edge
(718) 612-3088
Listed By:
Jason Zhou
(718) 612-3088
Source:
Elliman
Added: May 8
Changed: Aug 23
Last Checked: Aug 25 at 11:29AM
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 Womcore LLC dba Remax Edge
Investment Insights
Based on property information with market context.
This beautifully maintained semi-attached two-family home offers two separate living areas, including an upper duplex-style layout and a walk-in level one-bedroom unit. The upper level includes a separate living room, eat-in dining area, and a well-kept kitchen, with three bedrooms that include a primary suite featuring an en-suite bathroom and walk-in closet. A full bathroom and a washer/dryer area complete the top floor. The one-bedroom unit on the walk-in level includes its own kitchen, living room, and a separate entrance.
The property is built in 2001 and set within a private community with a low HOA fee. On-site features include hardwood floors throughout, a built-in garage, private parking, and a backyard.
Additional practical systems include separate tankless water heaters and separate heat/cooling, supporting independent comfort for each unit.
The property is built in 2001 and set within a private community with a low HOA fee. On-site features include hardwood floors throughout, a built-in garage, private parking, and a backyard.
Additional practical systems include separate tankless water heaters and separate heat/cooling, supporting independent comfort for each unit.
Key Highlights
- Built in 2001, semi‑attached two‑family home with approx. 2,535 sq ft of living space
- Upper level duplex‑style unit features separate living room and eat‑in dining, plus a well‑kept kitchen
- Upper level includes 3 bedrooms: primary with en‑suite bath and walk‑in closet, plus 2 additional bedrooms and a full bath
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
$62,642
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
7.37%
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%
$1,252,840
$1.3M
Cap Rate 7%
$894,886
$894.9K
Cap Rate 9%
$696,022
$696.0K
Market Conditions
NOI Build-Up for 2,535 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
$97.3K $38.40/SF
− Vacancy
−$7.9K −$3.10/SF
EGI
$89.5K $35.30/SF
− OpEx
−$26.8K −$10.59/SF
NOI
$62.6K $24.71/SF
Area
ZIP 10312
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 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%
$1,252,840
Cap Rate 7%
$894,886
Cap Rate 9%
$696,022
Alternative Uses
Best Use
Multifamily LT 5
$894.9K
$783.0K – $1.04M
NOI $62,642 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$787.3K
$688.9K – $918.5K
NOI $55,112 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,670 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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 - Semi-attached two-family home with a one-bedroom unit on a separate entrance and private parking.
Where is this duplex located?
The property is located at 136 Erika Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Built in 2001, semi‑attached two‑family home with approx. 2,535 sq ft of living space; Upper level duplex‑style unit features separate living room and eat‑in dining, plus a well‑kept kitchen; Upper level includes 3 bedrooms: primary with en‑suite bath and walk‑in closet, plus 2 additional bedrooms and a full bath
