Two-Family Home with In-Ground
For Sale
$899,999
Pending
148 Bartow Avenue, Staten Island, NY 10309
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size1,600 SF
Lot Size0.07 Acres
Days on Market56
Property Features for 148 Bartow Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Driveway, On Street
Patio and Porch features
Deck, Patio
Pool private
1
Interior features
Walk-In Closet(s)
Basement
Finished, Apartment
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Pending
Size
1,600 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
8937
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
in-ground pool
Building Details
Year built
2001
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Kevin Adams
(718) 987-7900
Added: Jun 30
Changed: Aug 6
Last Checked: Aug 24 at 10:06PM
MLS# 2603673
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.
This semi-attached Colonial two-family home offers a practical, comfortable layout with three bedrooms and two-and-a-half bathrooms. Interior features include a walk-in closet, and the home is built with brick and vinyl siding. Heating is natural gas hot water, with central air for cooling.
Outside, the property includes a landscaped backyard with an in-ground pool, plus patio and deck spaces designed for outdoor use and entertaining. Parking is available via a driveway and on-street spaces. Additional site utilities include public sewer.
The property sits on a 0.0689-acre lot and was built in 2001. The home is zoned R3X and totals 1,600 square feet, providing a single, cohesive opportunity for owners or tenants seeking a two-family setup.
Outside, the property includes a landscaped backyard with an in-ground pool, plus patio and deck spaces designed for outdoor use and entertaining. Parking is available via a driveway and on-street spaces. Additional site utilities include public sewer.
The property sits on a 0.0689-acre lot and was built in 2001. The home is zoned R3X and totals 1,600 square feet, providing a single, cohesive opportunity for owners or tenants seeking a two-family setup.
Key Highlights
- Semi‑attached two‑family Colonial home totaling 1,600 SF
- In‑ground pool plus patio and deck for outdoor use
- Built in 2001 with brick and vinyl siding
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
$39,789
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
4.42%
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%
$795,780
$795.8K
Cap Rate 7%
$568,414
$568.4K
Cap Rate 9%
$442,100
$442.1K
Market Conditions
NOI Build-Up for 1,600 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
$59.5K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$56.8K $35.53/SF
− OpEx
−$17.1K −$10.66/SF
NOI
$39.8K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$795,780
Cap Rate 7%
$568,414
Cap Rate 9%
$442,100
Alternative Uses
Best Use
Multifamily LT 5
$568.4K
$497.4K – $663.2K
NOI $39,789 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$506.9K
$443.5K – $591.4K
NOI $35,482 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$763.4K
$668.0K – $890.7K
NOI $53,440 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached two-family Colonial home with central air, natural gas hot water heat, and an in-ground pool.
Where is this duplex located?
The property is located at 148 Bartow Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Semi‑attached two‑family Colonial home totaling 1,600 SF; In‑ground pool plus patio and deck for outdoor use; Built in 2001 with brick and vinyl siding
