Duplex with Private-Entry
For Sale
$925,000
Pending
135 Commerce Street, Staten Island, NY 10314
A separate side entrance and driveway serve the three-room apartment, distinct from the main residence.
Property Size1,898 SF
Days on Market12
Property Features for 135 Commerce Street
General Information
Standard status
Pending
Size
1,898 SF
Property subtype
Residential Income
Zoning
R3X
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,309
Amenities
1
true
3
4
Ceiling Fan(s)
Front Yard,Back Yard
4200
42x100
0.1
Paver Block,Driveway,Garage Door Opener
1898
Building Details
Building Size
1,898 SF
Year Built
1970
Buildings
1
Stories
2
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Deborah Bracco
(718) 987-7900
Source:
Matiasrealestatenyc
Added: Oct 26
Changed: Nov 3
Last Checked: Nov 5 at 9:00AM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
This detached duplex, built in 1970, contains 1,898 square feet. The main residence has three bedrooms, a full bath, and a lower-level family room with a wet bar and half bath. The separate apartment has three rooms, including a bedroom, living room, and eat-in kitchen, with its own side entrance and driveway. The property is zoned R3X and sits on a 42-by-100-foot lot. A garage and paved driveway provide parking for approximately three to four cars. Seller-reported improvements include a 2023 roof replacement, central AC and furnace replacements in 2020, and a water heater from approximately 2019.
The property is in Bulls Head, near the Staten Island Expressway, shopping and dining options, schools, and parks. Express bus service to Downtown and Midtown Manhattan is also nearby.
The property is in Bulls Head, near the Staten Island Expressway, shopping and dining options, schools, and parks. Express bus service to Downtown and Midtown Manhattan is also nearby.
Key Highlights
- Detached duplex with 1,898 square feet
- Separate three‑room apartment with private side entrance and its own driveway
- Main residence includes three bedrooms and a lower‑level family room with wet bar and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,768
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,360
$1.0M
Cap Rate 7%
$739,543
$739.5K
Cap Rate 9%
$575,200
$575.2K
Market Conditions
NOI Build-Up for 1,898 SF
Gross rent
$77.4K $40.80/SF
− Vacancy
−$3.5K −$1.84/SF
EGI
$74.0K $38.96/SF
− OpEx
−$22.2K −$11.69/SF
NOI
$51.8K $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 Rate 5%
$1,035,360
Cap Rate 7%
$739,543
Cap Rate 9%
$575,200
Alternative Uses
Best Use
Multifamily LT 5
$739.5K
$647.1K – $862.8K
NOI $51,768 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$685.8K
$600.0K – $800.1K
NOI $48,003 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$905.6K
$792.4K – $1.06M
NOI $63,394 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,103
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate side entrance and driveway serve the three-room apartment, distinct from the main residence.
Where is this duplex located?
The property is located at 135 Commerce Street Staten Island, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Detached duplex with 1,898 square feet; Separate three‑room apartment with private side entrance and its own driveway; Main residence includes three bedrooms and a lower‑level family room with wet bar and half bath
