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Two-Family Duplex with Garage
For Sale
$999,999
Pending

142 Merrill Avenue, Staten Island, NY 10314

Residential Income, Staten Island, NY

Property Size1,776 SF
Lot Size0.11 Acres
Days on Market102

Property Features for 142 Merrill Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1
Parking features Garage, Driveway, Off Street
Patio and Porch features Deck
Pool private 1
Lot features Back Yard
Subdivision Bulls Head
Standard status Pending
APN 2231/205
Size 1,776 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 8808

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Hot Water(Heating)
Cooling system Central Air

Amenities

private driveway
built-in garage

Building Details

Year built 1970
Floors in Building 2
Number of units 2
Building materials Stone, Vinyl Siding
Architectural style Ranch
Buildings 1
Listing Agency: J Milo Real Estate
Listed By: Eric Eremita
Added: Jul 28 Changed: Oct 27 Last Checked: Nov 6 at 7:06AM
MLS# 2604231

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.

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Investment Insights

Based on property information with market context.

Located at 142 Merrill Avenue in Staten Island, this 1,776-square-foot duplex was built in 1970 and offers two distinct living areas. The primary residence includes three bedrooms, one-and-a-half bathrooms, an eat-in kitchen, and a large living room. A separate one-bedroom apartment provides an additional full bathroom and independent entry, supporting extended-family use or rental income. The property is finished with stone and vinyl siding and includes central air, natural-gas hot-water heat, and public sewer service.

Exterior features include a private driveway, built-in garage, deck, off-street parking, and a private pool. The 0.1056-acre parcel is zoned R3X and is positioned near shopping, schools, restaurants, public transportation, and major highways.

Key Highlights

  • Two distinct residences, including a 3‑bedroom primary unit and separate 1‑bedroom apartment
  • 1,776 square feet on a 0.1056‑acre parcel
  • Separate entrance serves the 1‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,440
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,800 $968.8K
Cap Rate 7%
$692,000 $692.0K
Cap Rate 9%
$538,222 $538.2K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$72.5K $40.80/SF
− Vacancy
−$3.3K −$1.84/SF
EGI
$69.2K $38.96/SF
− OpEx
−$20.8K −$11.69/SF
NOI
$48.4K $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%
$968,800
Cap Rate 7%
$692,000
Cap Rate 9%
$538,222

Alternative Uses

Best Use
Multifamily LT 5
$692.0K
$605.5K – $807.3K (±1% cap)
NOI $48,440 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$641.7K
$561.5K – $748.6K (±1% cap)
NOI $44,917 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$847.4K
$741.5K – $988.7K (±1% cap)
NOI $59,319 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style duplex with separate living quarters, private outdoor space, and convenient off-street parking.
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 distinct residences, including a 3‑bedroom primary unit and separate 1‑bedroom apartment; 1,776 square feet on a 0.1056‑acre parcel; Separate entrance serves the 1‑bedroom apartment
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