Duplex with Separate
For Sale
$1,250,000
144 Weed Avenue, Staten Island, NY 10306
All-brick residence offers a two-level main home, an additional apartment, and a garage.
Property Size3,200 SF
Lot Size0.12 Acres
Price / SF$390.63
Days on Market21
Property Features for 144 Weed Avenue
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
1
Lot size
0.12 Acres
Property subtype
Residential Income
Zoning
R3-1
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,900
Building Details
Building Size
3,200 SF
Year Built
1989
Buildings
1
Units
2
Construction
high ranch
Listing Agency:
Neuhaus Realty, Inc.
(718) 979-3400
Listed By:
Gaetano Marasa · License #10301215761
(917) 656-1583
Source:
Connieprofaci
Added: Oct 7
Changed: Oct 26
Last Checked: Oct 26 at 3:41AM
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 Neuhaus Realty, Inc.
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Investment Insights
Based on property information with market context.
This 3,200-square-foot duplex, built in 1989, has an all-brick exterior and a high-ranch layout. The main level includes a formal living room and dining room, an eat-in kitchen, three bedrooms, a full bath, and attic space. A two-story entry connects the levels. On the first floor, two additional rooms, a three-quarter bath, and a utility room complement the main living area; one room may serve as a fourth bedroom for the primary residence or as a second bedroom for the apartment. The apartment has a full bath and a separate side entrance. Sliding doors provide access to the yard, and the property also includes a garage.
The home occupies a 52-by-101-foot lot in New Dorp and is zoned R3-1.
The home occupies a 52-by-101-foot lot in New Dorp and is zoned R3-1.
Key Highlights
- 3,200‑square‑foot all‑brick duplex built in 1989
- 52‑by‑101‑foot lot in New Dorp; zoned R3‑1
- Separate apartment with full bath and side entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,285
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,625,700
$1.6M
Cap Rate 7%
$1,161,214
$1.2M
Cap Rate 9%
$903,167
$903.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$122.9K $38.40/SF
− Vacancy
−$6.8K −$2.11/SF
EGI
$116.1K $36.29/SF
− OpEx
−$34.8K −$10.89/SF
NOI
$81.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,625,700
Cap Rate 7%
$1,161,214
Cap Rate 9%
$903,167
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.35M
NOI $81,285 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$1.03M
$902.9K – $1.20M
NOI $72,230 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - All-brick residence offers a two-level main home, an additional apartment, and a garage.
Where is this duplex located?
The property is located at 144 Weed Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,200‑square‑foot all‑brick duplex built in 1989; 52‑by‑101‑foot lot in New Dorp; zoned R3‑1; Separate apartment with full bath and side entrance
