Ranch Two-Family
New
For Sale
$999,999
142 Merrill Avenue, Staten Island, NY 10314
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size1,776 SF
Lot Size0.11 Acres
Price / SF$563.06
Days on Market4
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
Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1
Parking features
Driveway, Garage, Off Street
Patio and Porch features
Deck
Pool private
1
Lot features
Back Yard
Subdivision
Bulls Head
Standard status
Active
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
Listing Agency:
J Milo Real Estate
(718) 872-9300
Listed By:
Eric Eremita
(718) 872-9300
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 8:06PM
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.
Investment Insights
Based on property information with market context.
142 Merrill Avenue is a well-maintained two-family (duplex) ranch home in Staten Island, NY. The main residence offers three bedrooms, 1.5 bathrooms, an eat-in kitchen, and a generously sized living room. The private one-bedroom apartment has its own separate entrance and includes one full bathroom; it has never been rented.
The home sits on a 0.1056-acre lot with 1,776 square feet of living space. Built in 1970, the property features stone construction with vinyl siding, natural gas hot-water heating, and central air conditioning. Parking is available with an off-street driveway and a built-in garage, and there is a deck for outdoor space. A private pool is also on site, with public sewer serving the property.
The home sits on a 0.1056-acre lot with 1,776 square feet of living space. Built in 1970, the property features stone construction with vinyl siding, natural gas hot-water heating, and central air conditioning. Parking is available with an off-street driveway and a built-in garage, and there is a deck for outdoor space. A private pool is also on site, with public sewer serving the property.
Key Highlights
- 0.1056‑acre lot with 1,776 SF ranch two‑family duplex
- Main residence: three bedrooms and 1.5 bathrooms with eat‑in kitchen and living room
- Separate one‑bedroom apartment with its own entrance and one full bathroom, never rented
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
Property Profile
Current Use
Lease Details
2
Residential units
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 - Two-family ranch duplex with central air, natural gas hot-water heat, private driveway, garage, and deck.
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: 0.1056‑acre lot with 1,776 SF ranch two‑family duplex; Main residence: three bedrooms and 1.5 bathrooms with eat‑in kitchen and living room; Separate one‑bedroom apartment with its own entrance and one full bathroom, never rented
