Colonial Two-Family
For Sale
$1,288,000
Pending
239 Barnard Avenue, Staten Island, NY 10307
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,900 SF
Lot Size0.09 Acres
Days on Market105
Property Features for 239 Barnard Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-X
Bedrooms
6
Bathrooms
5
Full bathrooms
2
Rooms
Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 2
Parking features
Off Street, Driveway
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Tottenville
Standard status
Pending
Size
3,900 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
666
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Chia Chen · License #10401317469
(718) 987-7900
Added: May 12
Changed: Aug 2
Last Checked: Aug 24 at 8:06PM
MLS# 2602644
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.
Brand new detached Colonial two-family house currently under construction, designed with two separate living floors plus an open-concept basement. The second floor includes three bedrooms and two bathrooms, while the first floor also provides three bedrooms and two bathrooms. The open-concept basement offers a 3/4 bathroom for added flexibility.
The property sits on a 0.0924-acre lot and is described with a property size of 3,900 square feet. Construction materials include stone and vinyl siding. Heating is electric with forced air, and cooling is provided by central air. Parking is off-street with a driveway, and the home is served by public sewer.
Public transportation is nearby, and shopping is described as just a few minutes away.
The property sits on a 0.0924-acre lot and is described with a property size of 3,900 square feet. Construction materials include stone and vinyl siding. Heating is electric with forced air, and cooling is provided by central air. Parking is off-street with a driveway, and the home is served by public sewer.
Public transportation is nearby, and shopping is described as just a few minutes away.
Key Highlights
- Under construction detached two‑family Colonial home
- First floor: 3 bedrooms and 2 bathrooms
- Second floor: 3 bedrooms and 2 bathrooms
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
$96,986
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
7.53%
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%
$1,939,720
$1.9M
Cap Rate 7%
$1,385,514
$1.4M
Cap Rate 9%
$1,077,622
$1.1M
Market Conditions
NOI Build-Up for 3,900 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
$145.1K $37.20/SF
− Vacancy
−$6.5K −$1.67/SF
EGI
$138.6K $35.53/SF
− OpEx
−$41.6K −$10.66/SF
NOI
$97.0K $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%
$1,939,720
Cap Rate 7%
$1,385,514
Cap Rate 9%
$1,077,622
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.21M – $1.62M
NOI $96,986 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$1.24M
$1.08M – $1.44M
NOI $86,486 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,261 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 - Under-construction two-family home with four total bedrooms per unit and central air on a small Staten Island lot.
Where is this duplex located?
The property is located at 239 Barnard Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: Under construction detached two‑family Colonial home; First floor: 3 bedrooms and 2 bathrooms; Second floor: 3 bedrooms and 2 bathrooms
