Colonial Triplex with Detached
For Sale
$1,200,000
Pending
26 Rollstone Avenue, West Sayville, NY 11796
Residential Income, West Sayville, NY
Property Size4,386 SF
Days on Market53
Property Features for 26 Rollstone Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Basement, Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 6
Parking features
Driveway, Garage
Interior features
First Floor Bedroom, Built-in Features
Fireplace
1
Basement
Unfinished
Elementary school
Cherry Avenue Elementary School
Middle school
Sayville Middle School
High school
Sayville High School
Elementary school district
Sayville
Middle school district
Sayville
High school district
Sayville
Directions
From the West, take Montauk Highway to Rollstone make a left to #26 on the left hand side
Standard status
Pending
APN
0500-407-00-02-00-034-000
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
17447
Utilities
Sewer type
Cesspool
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Amenities
fireplaces
laundry hook-up
porch
Building Details
Year built
1900
Number of units
3
Building materials
Cedar
Architectural style
Colonial
Listing Agency:
Signature Premier Properties
(631) 422-3100
Listed By:
Cheryl A. Messina · License #30ME0893215
(516) 398-1689
Added: Jul 13
Changed: Sep 2
Last Checked: Sep 3 at 7:06AM
MLS# 1025666
Copyright © 2026 OneKey MLS. 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 circa-1900 Colonial triplex contains three residential apartments with a combined building size of 4,386 square feet and 3,174 square feet of interior space. The units include two-bedroom layouts on the first and second floors, while the third-floor apartment has three bedrooms. Each apartment includes a living room, kitchen, and full bathroom, with the first-floor residence also offering a front and side porch. Two fireplaces contribute additional character.
The property has separate gas and electric meters, three electric services, three gas boilers, three hot water heaters, and individual laundry hookups. A detached three-car garage provides additional parking and storage. The home is served by a cesspool, has cedar construction, window or wall/window cooling, and a roof approximately 10 years old.
Located at 26 Rollstone Avenue in West Sayville, the property is near the downtown district, shopping, restaurants, parks, beaches, and the Long Island Railroad.
The property has separate gas and electric meters, three electric services, three gas boilers, three hot water heaters, and individual laundry hookups. A detached three-car garage provides additional parking and storage. The home is served by a cesspool, has cedar construction, window or wall/window cooling, and a roof approximately 10 years old.
Located at 26 Rollstone Avenue in West Sayville, the property is near the downtown district, shopping, restaurants, parks, beaches, and the Long Island Railroad.
Key Highlights
- Three‑family Colonial residence built in 1900
- 4,386‑square‑foot building with 3,174 square feet of interior space
- Two 2‑bedroom apartments and one 3‑bedroom apartment
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
$84,695
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
7.06%
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%
$1,693,900
$1.7M
Cap Rate 7%
$1,209,929
$1.2M
Cap Rate 9%
$941,056
$941.1K
Market Conditions
NOI Build-Up for 4,386 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
$128.9K $29.40/SF
− Vacancy
−$8.0K −$1.81/SF
EGI
$121.0K $27.59/SF
− OpEx
−$36.3K −$8.28/SF
NOI
$84.7K $19.31/SF
Area
Suffolk County, NY
Vacancy
6.17%
Lease Rate
$29.40 /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%
$1,693,900
Cap Rate 7%
$1,209,929
Cap Rate 9%
$941,056
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,695 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$1.11M
$974.4K – $1.30M
NOI $77,950 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,533 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Explore this area
Business Placement
Demographics for 11796, NY
3,676
Population
1,348
Households
2.7
Avg Household Size
45
Median Age
42%
College-Educated
94%
High-School Grad
1.2 sq mi
ZIP Area
3,063
Density / Sq Mi
$162,443
Median Household Income
$69,702
Median Earnings
$2,519
Median Rent
$572,100
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?
Triplex - Three apartments offer separate utilities and laundry hookups, with a detached garage for parking and storage.
Where is this triplex located?
The property is located at 26 Rollstone Avenue West Sayville, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three‑family Colonial residence built in 1900; 4,386‑square‑foot building with 3,174 square feet of interior space; Two 2‑bedroom apartments and one 3‑bedroom apartment
