Duplex Property with
For Sale
$1,125,000
146 Halpin Ave, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size3,600 SF
Lot Size0.24 Acres
Price / SF$312.50
Days on Market126
Property Features for 146 Halpin Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
High school district
000000
Standard status
Active
APN
000000-000.000-5775-028.000
Lot size
0.24 Acres
Amenities
eat-in-kitchen
formal dining room
formal living room
inground swimming pool
primary en-suite
partially finished basement
wood burning fireplace
Building Details
Year built
1986
Listing Agency:
MYC & ASSOCIATES INC
Listed By:
Marc Yaverbaum
(347) 273-1258
Added: May 7
Changed: Sep 3
Last Checked: Sep 9 at 11:06PM
MLS# 11740660
Copyright © 2026 My State MLS. 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.
Located at 146 Halpin Ave in Staten Island, this two-family duplex residence was built in 1986 and provides approximately 3,600 square feet of living space. The layout includes four bedrooms and three and one-half baths, along with formal living and dining rooms, a large eat-in kitchen, and an expansive primary bedroom with en-suite bath.
The 0.24-acre parcel measures 87' X 120' and includes an inground swimming pool. Additional improvements include a partially finished basement and a wood-burning fireplace. The property is offered in as-is, where-is condition, with the main residence to be delivered vacant and free of tenancies.
The 0.24-acre parcel measures 87' X 120' and includes an inground swimming pool. Additional improvements include a partially finished basement and a wood-burning fireplace. The property is offered in as-is, where-is condition, with the main residence to be delivered vacant and free of tenancies.
Key Highlights
- Two‑family duplex residence with approximately +/-3,600 total SF of living space
- 0.24‑acre lot measuring 87' X 120'
- Four bedrooms and 3.5 baths
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
$88,959
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
7.91%
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%
$1,779,180
$1.8M
Cap Rate 7%
$1,270,843
$1.3M
Cap Rate 9%
$988,433
$988.4K
Market Conditions
NOI Build-Up for 3,600 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
$138.2K $38.40/SF
− Vacancy
−$11.2K −$3.10/SF
EGI
$127.1K $35.30/SF
− OpEx
−$38.1K −$10.59/SF
NOI
$89.0K $24.71/SF
Area
ZIP 10312
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%
$1,779,180
Cap Rate 7%
$1,270,843
Cap Rate 9%
$988,433
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,959 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$1.12M
$978.3K – $1.30M
NOI $78,265 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,241 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
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Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence featuring multiple living areas, a large eat-in kitchen, and a partially finished basement.
Where is this duplex located?
The property is located at 146 Halpin Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two‑family duplex residence with approximately +/-3,600 total SF of living space; 0.24‑acre lot measuring 87' X 120'; Four bedrooms and 3.5 baths
