Two-Family Duplex with Built-In
New
For Sale
$999,999
142 Merrill Avenue, Staten Island, NY 10314
Includes a separate-entry apartment, private driveway, and built-in garage.
Days on Market3
Property Features for 142 Merrill Avenue
General Information
Standard status
Active
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,808
Building Details
Building Size
1,776 SF
Year Built
1970
Tenancy
Multi
Listing Agency:
J Milo Real Estate
Listed By:
Eric Eremita · License #10401365568
Source:
Wonicarealtors
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 4:52AM
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 J Milo Real Estate
Investment Insights
Based on property information with market context.
This two-family duplex at 142 Merrill Avenue was built in 1970 and combines a primary residence with a separate apartment. The main unit includes 3 bedrooms, 1.5 bathrooms, an eat-in kitchen, and a large living room. A one-bedroom apartment with 1 full bathroom has its own entrance and has not previously been rented.
The property also provides a private driveway and built-in garage. Its Staten Island setting offers access to shopping, schools, restaurants, public transportation, and major highways. The separate apartment adds flexibility for extended household use, guests, or rental occupancy.
The property also provides a private driveway and built-in garage. Its Staten Island setting offers access to shopping, schools, restaurants, public transportation, and major highways. The separate apartment adds flexibility for extended household use, guests, or rental occupancy.
Key Highlights
- Two‑family duplex built in 1970
- Main residence includes 3 bedrooms and 1.5 bathrooms
- Separate one‑bedroom apartment with 1 full bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.5k | $40.80 |
| − Vacancy | −$3.3k | −$1.84 |
| EGI | $69.2k | $38.96 |
| − OpEx | −$20.8k | −$11.69 |
| NOI | $48.4k | $27.27 |
1,776 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$692.0K
$605.5K – $807.3K
NOI $48,440 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$641.7K
$561.5K – $748.6K
NOI $44,917 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$847.4K
$741.5K – $988.7K
NOI $59,319 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,103
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Includes a separate-entry apartment, private driveway, and built-in garage.
Where is this duplex located?
The property is located at 142 Merrill Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two‑family duplex built in 1970; Main residence includes 3 bedrooms and 1.5 bathrooms; Separate one‑bedroom apartment with 1 full bathroom
