Semi-Attached Single-Family
For Sale
$799,900
Pending
209 Sommer Avenue, Staten Island, NY 10314
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size1,350 SF
Lot Size0.05 Acres
Days on Market87
Property Features for 209 Sommer Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bathroom 2
Parking features
Carport
Pool private
1
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Finished, Full
Appliances
Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Bulls Head
Standard status
Pending
APN
02223-0030
Size
1,350 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7509
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Wall Unit(s)
Building Details
Year built
2003
Floors in Building
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Antony Vengerovskiy · License #10401365138
(646) 464-3442
Added: Jun 16
Changed: Aug 2
Last Checked: Sep 10 at 3:06AM
MLS# 2603375
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.
209 Sommer Avenue offers a semi-attached one-family home with three bedrooms and three bathrooms, plus a full finished basement. The home is described as in excellent move-in condition, with hard wood flooring, updated appliances, modern bathrooms, and custom trims and finishes throughout. The finished basement includes an outside entry, creating flexible additional living space.
Outside, the property features a private above-ground pool and a resort-style yard with a maintenance-free Trex deck and a new pool liner. The home is located in Staten Island, Richmond County, with convenient access to highways, schools, parks, shopping, restaurants, and public transportation. Zoning is listed as R3X.
Outside, the property features a private above-ground pool and a resort-style yard with a maintenance-free Trex deck and a new pool liner. The home is located in Staten Island, Richmond County, with convenient access to highways, schools, parks, shopping, restaurants, and public transportation. Zoning is listed as R3X.
Key Highlights
- Semi‑attached 3BR/3BA home built in 2003 with a full finished basement
- Private above‑ground pool with new liner and a maintenance‑free Trex deck
- Finished basement includes an outside entry for flexible extra living space
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
$34,143
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
4.27%
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%
$682,860
$682.9K
Cap Rate 7%
$487,757
$487.8K
Cap Rate 9%
$379,367
$379.4K
Market Conditions
NOI Build-Up for 1,350 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
$64.8K $48.00/SF
− Vacancy
−$2.7K −$2.02/SF
EGI
$62.1K $45.98/SF
− OpEx
−$27.9K −$20.69/SF
NOI
$34.1K $25.29/SF
Area
ZIP 10314
Vacancy
4.20%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
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%
$682,860
Cap Rate 7%
$487,757
Cap Rate 9%
$379,367
Alternative Uses
Best Use
Apartment 5plus
$487.8K
$426.8K – $569.1K
NOI $34,143 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.1K
$563.6K – $751.5K
NOI $45,090 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,345
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Semi-attached 3-bedroom, 3-bath home with a finished basement and private above-ground pool.
Where is this single family property located?
The property is located at 209 Sommer Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Semi‑attached 3BR/3BA home built in 2003 with a full finished basement; Private above‑ground pool with new liner and a maintenance‑free Trex deck; Finished basement includes an outside entry for flexible extra living space
