Three-Family Triplex with
For Sale
$800,000
139 Osgood Ave, Staten Island, NY 10304
Three-level residential income property with varied unit layouts, private gated parking, and flexible duplex potential.
Property Size2,524 SF
Lot Size0.08 Acres
Price / SF$316.96
Days on Market54
Property Features for 139 Osgood Ave
General Information
Standard status
Active
Size
2,524 SF
Total Parking Spaces
5
Lot size
0.08 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x studio, 2 x 2BR
Multifamily Units
3
Building Details
Year Built
1915
Buildings
1
Stories
3
Listing Agency:
EXP Realty
(631) 926-7909
Listed By:
Mara Aguero
Source:
Statenislandhomelistings
Added: Jul 8
Changed: Aug 28
Last Checked: Aug 29 at 10:35AM
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 EXP Realty
Investment Insights
Based on property information with market context.
This 2,524-square-foot three-family property was built in 1915 on a 35-by-100-foot lot, with an approximately 21-by-28-foot building footprint. The layout includes a studio on the first level, a two-bedroom residence on the second level, and an independent two-bedroom unit above. The first-level unit also has access to the second-floor residence, creating duplex potential within the configuration. Living and dining areas, kitchens, and bathrooms are distributed across the residences.
A driveway accommodates up to five cars and is secured by two locking metal gates. The property is located approximately seven minutes from the Verrazzano Bridge at 139 Osgood Ave in Staten Island, New York.
A driveway accommodates up to five cars and is secured by two locking metal gates. The property is located approximately seven minutes from the Verrazzano Bridge at 139 Osgood Ave in Staten Island, New York.
Key Highlights
- Three‑family property with 2,524 SF of building area
- 35' X 100' lot with approximately 21' X 28' building dimensions
- Unit mix includes a studio, one 2‑bedroom unit, and one independent 2‑bedroom unit
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
$62,370
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
7.80%
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%
$1,247,400
$1.2M
Cap Rate 7%
$891,000
$891.0K
Cap Rate 9%
$693,000
$693.0K
Market Conditions
NOI Build-Up for 2,524 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
$96.9K $38.40/SF
− Vacancy
−$7.8K −$3.10/SF
EGI
$89.1K $35.30/SF
− OpEx
−$26.7K −$10.59/SF
NOI
$62.4K $24.71/SF
Area
ZIP 10304
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%
$1,247,400
Cap Rate 7%
$891,000
Cap Rate 9%
$693,000
Alternative Uses
Best Use
Multifamily LT 5
$891.0K
$779.6K – $1.04M
NOI $62,370 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$816.6K
$714.5K – $952.7K
NOI $57,159 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,302 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,216
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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?
Triplex - Three-level residential income property with varied unit layouts, private gated parking, and flexible duplex potential.
Where is this triplex located?
The property is located at 139 Osgood Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three‑family property with 2,524 SF of building area; 35' X 100' lot with approximately 21' X 28' building dimensions; Unit mix includes a studio, one 2‑bedroom unit, and one independent 2‑bedroom unit
