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Detached Duplex with Separate Entrance
For Sale
$925,000
Pending

135 Commerce Street, Staten Island, NY 10314

Residential Income, Staten Island, NY

Property Size1,898 SF
Lot Size0.10 Acres
Days on Market60

Property Features for 135 Commerce Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features Driveway, Open
Interior features Ceiling Fan(s)
Basement Finished, Full
Appliances Humidifier
Lot features Front Yard, Back Yard
Subdivision Bulls Head
Standard status Pending
APN 01574-0183
Size 1,898 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 9309

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 Asbestos, Stucco
Architectural style Ranch
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Deborah Bracco
Added: Aug 14 Changed: Oct 8 Last Checked: Oct 12 at 6:06PM
MLS# 2604606

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 detached two-family High Ranch offers 1,898 square feet on a 0.0964-acre lot. The primary residence includes three bedrooms, a formal living room, dining room, eat-in kitchen, full bath with dual-entry access and double vanity, plus a lower-level family room with wet bar, half bath, utility room, laundry closet, and garage access. Hardwood flooring is located beneath rugs in several areas. A separate three-room apartment has its own side entrance, eat-in kitchen, living room, bedroom, and driveway access.

Exterior features include a paved double driveway with parking for approximately 3-4 cars and a backyard. The property is served by public sewer, forced-air natural gas heating, and central air. The roof was replaced in 2023, the central AC and furnace were replaced in 2020, and the water heater dates to approximately 2019. R3X zoning and the 1970 construction date complete the property profile.

Key Highlights

  • Detached two‑family High Ranch with 1,898 square feet
  • Separate three‑room apartment with private side entrance and driveway
  • 0.0964‑acre lot with paved double driveway and parking for approx. 3‑4 cars

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 (±1% cap)
NOI $51,768 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$685.8K
$600.0K – $800.1K (±1% cap)
NOI $48,003 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$905.6K
$792.4K – $1.06M (±1% cap)
NOI $63,394 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Spa & Massage Center Barber Shop Grocery & Convenience Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family layout includes a private side entrance, separate driveway, and flexible lower-level space.
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 two‑family High Ranch with 1,898 square feet; Separate three‑room apartment with private side entrance and driveway; 0.0964‑acre lot with paved double driveway and parking for approx. 3‑4 cars
More about this property
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