Colonial Legal Two-Family
For Sale
$930,000
Pending
162 Bathgate Street, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,238 SF
Lot Size0.07 Acres
Days on Market130
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
Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Driveway
Patio and Porch features
Deck
Fencing
Fenced
Basement
Apartment, Finished
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
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
Central A/C
Trex Deck
Finished basement with tile floors
Pull-down attic
Granite countertops and 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: Aug 2
Last Checked: Sep 3 at 4:06PM
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.
Welcome to 162 Bathgate Street, a legal two-family Colonial duplex in excellent condition. The house has interior space of 2,238 SF with dimensions of 15 X 55 and includes updated bathrooms and a kitchen with a granite countertop and stainless steel appliances. Flooring includes select oak floors throughout. Heating is provided by separated heating units and hot water heaters, with natural gas forced air plus central A/C. The layout features a main house entry, open living room, eat-in kitchen, and a dining room with sliders to a Trex deck, along with a huge backyard. Additional features include a pull-down attic and a finished basement with tile floors.
The second apartment has a private entrance and includes one bedroom, which is currently rented to an excellent tenant paying rent on time. The property will be delivered vacant. Constructed with brick and vinyl siding, the home offers a driveway for parking and is fenced. Sewer service is public sewer.
Located on Staten Island, the property is approximately one block from Hylan Blvd and public transportation.
The second apartment has a private entrance and includes one bedroom, which is currently rented to an excellent tenant paying rent on time. The property will be delivered vacant. Constructed with brick and vinyl siding, the home offers a driveway for parking and is fenced. Sewer service is public sewer.
Located on Staten Island, the property is approximately one block from Hylan Blvd and public transportation.
Key Highlights
- Legal two‑family duplex with private apartment entrance
- 2,238 SF interior space; 15 X 55 dimensions
- Updated kitchen with granite countertop and stainless steel appliances
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
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family duplex in excellent condition with central air, fenced backyard, and deck, built in 1995.
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 private apartment entrance; 2,238 SF interior space; 15 X 55 dimensions; Updated kitchen with granite countertop and stainless steel appliances
