Brick Duplex with Finished
For Sale
$699,888
Pending
134 Sturges Street, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size1,200 SF
Lot Size0.06 Acres
Days on Market58
Property Features for 134 Sturges Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Dining Room, Bedroom 2, Bathroom 2
Parking features
Driveway
Security features
Security System
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Fireplace
Fireplace
1
Basement
Finished, Full
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Front Yard, Back Yard
Subdivision
Castletn Corner
Standard status
Pending
Size
1,200 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
5557
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Wall Unit(s)
Amenities
fully finished attic
fully finished basement
hardwood floors
skylights
alarm system
sensor windows
private driveway
washer/dryer
dishwasher
refrigerator
Building Details
Year built
1930
Floors in Building
3
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Raymond J Urciuoli
(908) 907-5304
Added: Jul 14
Changed: Sep 4
Last Checked: Sep 9 at 11:06PM
MLS# 2603958
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 1,200-square-foot Colonial duplex was built in 1930 and features brick construction, a finished attic, and a finished basement with a separate finished room, built-in cabinetry, and substantial closet storage. The interior includes dining and living areas, a fireplace, ceiling fans, newer carpeting, and hardwood flooring beneath the carpet. A private driveway provides parking for approximately three mid-size vehicles, while a patio adds outdoor space.
The property is served by public sewer, natural-gas hot-water heating, and wall-unit cooling. Appliances include a dishwasher, dryer, microwave, refrigerator, and washer. Recent updates include a washer and dryer less than one year old, a dishwasher and refrigerator that are 4 years old, and skylights installed 9 months ago. Additional features include sensor-equipped windows and a functional alarm system. The property is zoned R2 and occupies 0.0574 acres.
The property is served by public sewer, natural-gas hot-water heating, and wall-unit cooling. Appliances include a dishwasher, dryer, microwave, refrigerator, and washer. Recent updates include a washer and dryer less than one year old, a dishwasher and refrigerator that are 4 years old, and skylights installed 9 months ago. Additional features include sensor-equipped windows and a functional alarm system. The property is zoned R2 and occupies 0.0574 acres.
Key Highlights
- 1,200‑square‑foot duplex on a 0.0574‑acre lot
- Finished attic and basement with finished room, cabinetry, and closet storage
- Private driveway with parking for approximately three mid‑size vehicles
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
$32,730
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
4.68%
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%
$654,600
$654.6K
Cap Rate 7%
$467,571
$467.6K
Cap Rate 9%
$363,667
$363.7K
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
$49.0K $40.80/SF
− Vacancy
−$2.2K −$1.84/SF
EGI
$46.8K $38.96/SF
− OpEx
−$14.0K −$11.69/SF
NOI
$32.7K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /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%
$654,600
Cap Rate 7%
$467,571
Cap Rate 9%
$363,667
Alternative Uses
Best Use
Multifamily LT 5
$467.6K
$409.1K – $545.5K
NOI $32,730 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.8K
NOI $30,349 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K
NOI $40,080 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,215
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
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 - R2-zoned Colonial duplex with finished attic and basement space, private driveway, and updated household appliances.
Where is this duplex located?
The property is located at 134 Sturges Street Staten Island, NY.
What is the asking price?
The asking price for this property is $699,888.
What are key features of this property?
This property features: 1,200‑square‑foot duplex on a 0.0574‑acre lot; Finished attic and basement with finished room, cabinetry, and closet storage; Private driveway with parking for approximately three mid‑size vehicles
