Legal Two-Family Duplex with
For Sale
$930,000
Pending
162 Bathgate Street, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size2,238 SF
Lot Size0.07 Acres
Days on Market148
Property Features for 162 Bathgate Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Driveway
Patio and Porch features
Deck
Fencing
Fenced
Basement
Finished, Apartment
Lot features
Back Yard
Subdivision
S.E. Annadale
Standard status
Pending
Size
2,238 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
8439
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
Central A/C
Deck
Backyard
Pull down attic
Finished basement
Granite countertops
Stainless steel appliances
Oak floors
Building Details
Year built
1995
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:
Cindy C Cheung · License #40CH0915567
(917) 601-2627
Added: Apr 27
Changed: Sep 14
Last Checked: Sep 21 at 11:06PM
MLS# 2602273
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 legal two-family duplex at 162 Bathgate Street offers 2,238 square feet of interior space on a 0.0706-acre lot. Built in 1995 with a Colonial design, the property includes a main residence with an open living area, dining space, eat-in kitchen, three bedrooms, two bathrooms, a pull-down attic, and a finished basement with tile flooring. The second apartment has a private entrance and one bedroom. The property will be delivered vacant.
Interior features include updated kitchens and bathrooms, granite countertops, stainless steel appliances, oak flooring, central air conditioning, and separate heating and hot-water systems. Outdoor improvements include a Trex deck, fenced backyard, and driveway parking. The property is served by public sewer, natural gas, and forced-air heating, and is located one block from Hylan Boulevard and public transportation.
Interior features include updated kitchens and bathrooms, granite countertops, stainless steel appliances, oak flooring, central air conditioning, and separate heating and hot-water systems. Outdoor improvements include a Trex deck, fenced backyard, and driveway parking. The property is served by public sewer, natural gas, and forced-air heating, and is located one block from Hylan Boulevard and public transportation.
Key Highlights
- Legal two‑family duplex with 2,238 square feet of interior space
- 0.0706‑acre lot with fenced backyard, Trex deck, and driveway
- Built in 1995 with Colonial architectural style
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
$55,303
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
5.95%
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%
$1,106,060
$1.1M
Cap Rate 7%
$790,043
$790.0K
Cap Rate 9%
$614,478
$614.5K
Market Conditions
NOI Build-Up for 2,238 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
$85.9K $38.40/SF
− Vacancy
−$6.9K −$3.10/SF
EGI
$79.0K $35.30/SF
− OpEx
−$23.7K −$10.59/SF
NOI
$55.3K $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%
$1,106,060
Cap Rate 7%
$790,043
Cap Rate 9%
$614,478
Alternative Uses
Best Use
Multifamily LT 5
$790.0K
$691.3K – $921.7K
NOI $55,303 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$695.1K
$608.2K – $810.9K
NOI $48,655 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.07M
$934.4K – $1.25M
NOI $74,750 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with separate apartment entry, finished basement, fenced yard, and off-street driveway parking.
Where is this duplex located?
The property is located at 162 Bathgate Street Staten Island, NY.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Legal two‑family duplex with 2,238 square feet of interior space; 0.0706‑acre lot with fenced backyard, Trex deck, and driveway; Built in 1995 with Colonial architectural style
