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Brick Two-Family Duplex with Separate-Access Basements
For Sale
$1,359,999

150 Weiner Street, Staten Island, NY 10309

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size3,485 SF
Lot Size0.18 Acres
Price / SF$390.24
Days on Market102

Property Features for 150 Weiner Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3X
Bedrooms 6
Bathrooms 5
Full bathrooms 2
Rooms Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 5, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 6
Parking features Off Street, On Street, Carport
Basement Full, Finished
Lot features Back Yard
Subdivision Richmond Valley
Standard status Active
Size 3,485 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 10714

Utilities

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

Amenities

quartz counters
tiled backsplash
hardwood floors
fully tiled basements

Building Details

Year built 2020
Floors in Building 2
Number of units 2
Building materials Brick
Architectural style Colonial
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Nicole Molinini · License #40MO1063271
Added: May 15 Changed: Aug 7 Last Checked: Aug 24 at 7:06AM
MLS# 2602711

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 brick Colonial duplex is configured as a two-family home with two units, each offering three bedrooms and three bathrooms. Both units also have basements with separate access, providing independent lower-level space. The home features hardwood floors throughout and kitchens with quartz counters and a tiled backsplash. Fully tiled basements and central air round out the interior amenities. Heating is provided by hot water systems using natural gas service.

The property sits on an R-3X-zoned lot of 0.1802 acres. Parking is available via an attached one-car garage plus off-street and on-street options. Built in 2020, the home includes public sewer service.

With its detached, two-unit layout, separate basement access for each unit, and straightforward parking setup, this duplex is designed for buyers seeking a multi-family configuration in a residential zoning district.

Key Highlights

  • Two units, each with three bedrooms and three bathrooms
  • Both basements have separate access
  • Built in 2020

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
$86,666
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
6.37%
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%
$1,733,320 $1.7M
Cap Rate 7%
$1,238,086 $1.2M
Cap Rate 9%
$962,956 $963.0K
Market Conditions
NOI Build-Up for 3,485 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
$129.6K $37.20/SF
− Vacancy
−$5.8K −$1.67/SF
EGI
$123.8K $35.53/SF
− OpEx
−$37.1K −$10.66/SF
NOI
$86.7K $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%
$1,733,320
Cap Rate 7%
$1,238,086
Cap Rate 9%
$962,956

Alternative Uses

Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,666 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$1.10M
$966.0K – $1.29M (±1% cap)
NOI $77,283 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M (±1% cap)
NOI $116,400 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage Butcher Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

888
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family brick duplex with central air, natural gas service, and two separate-access basements on R-3X-zoned lot.
Where is this duplex located?
The property is located at 150 Weiner Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,359,999.
What are key features of this property?
This property features: Two units, each with three bedrooms and three bathrooms; Both basements have separate access; Built in 2020
More about this property
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