Two-Unit Live-Work
For Sale
Contact for pricing
133 Lafayette Ave, Staten Island, NY 10301
Two separate units in a C1-2 zoned, R3-X overlay live-work and office building.
Property Size1,200 SF
Price / SF$333.25
Days on Market122
Property Features for 133 Lafayette Ave
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Special Purpose
Zoning
C1-2
Building Details
Year Built
1920
Stories
3
Listing Agency:
CENTURY 21 Zaloom Realty
Listed By:
Vincent Zaloom · License #NY
(917) 539-4798
Source:
Crexi
Added: May 8
Changed: Aug 22
Last Checked: Sep 5 at 8:51PM
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 CENTURY 21 Zaloom Realty
Investment Insights
Based on property information with market context.
This two-unit live-work and office building is offered for sale as a commercial/residential mix within an area designated C1-2 zoning with an R3-X overlay. The property is described as a three-story structure and is laid out as two separate units.
The offering is for 133 Lafayette Ave on Staten Island, NY 10301. The seller notes the price is set to sell and that the information is subject to errors and omissions.
Interested parties should review the zoning details and confirm suitability for their intended commercial or mixed-use plan in accordance with applicable requirements.
The offering is for 133 Lafayette Ave on Staten Island, NY 10301. The seller notes the price is set to sell and that the information is subject to errors and omissions.
Interested parties should review the zoning details and confirm suitability for their intended commercial or mixed-use plan in accordance with applicable requirements.
Key Highlights
- Built in 1920 live‑work and office building with two separate units
- C1‑2 zoned property with R3‑X overlay
- Suitable for a commercial/residential mix
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
$27,475
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
6.87%
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%
$549,500
$549.5K
Cap Rate 7%
$392,500
$392.5K
Cap Rate 9%
$305,278
$305.3K
Market Conditions
NOI Build-Up for 1,200 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
$46.1K $38.40/SF
− Vacancy
−$9.4K −$7.87/SF
EGI
$36.6K $30.53/SF
− OpEx
−$9.2K −$7.63/SF
NOI
$27.5K $22.90/SF
Area
Staten Island, NY
Vacancy
20.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$549,500
Cap Rate 7%
$392,500
Cap Rate 9%
$305,278
Alternative Uses
Best Use
Office B
$392.5K
$343.4K – $457.9K
NOI $27,475 @ 7.0% cap · market cap 6.87%
Second Best
Mixed Use
$339.4K
$297.0K – $396.0K
NOI $23,760 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K
NOI $40,080 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
803
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 Office 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?
Live-work space - Two separate units in a C1-2 zoned, R3-X overlay live-work and office building.
Where is this live-work space located?
The property is located at 133 Lafayette Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Built in 1920 live‑work and office building with two separate units; C1‑2 zoned property with R3‑X overlay; Suitable for a commercial/residential mix
