Two-Family Hi-Ranch with
For Sale
$1,100,000
39 Field St, Staten Island, NY 10314
Corner-lot duplex with separate living areas, central air, a patio, and yard access.
Property Size2,280 SF
Lot Size0.18 Acres
Price / SF$482.46
Days on Market30
Property Features for 39 Field St
General Information
Standard status
Active
Size
2,280 SF
Total Parking Spaces
1
Lot size
0.18 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Amenities
central air
patio
attic storage
Building Details
Year Built
1970
Buildings
1
Stories
2
Construction
hi-ranch
Listing Agency:
Zaloom Real Estate
Listed By:
Vincent M Zaloom
(917) 539-4798
Source:
Statenislandhomelistings
Added: Aug 23
Changed: Sep 18
Last Checked: Sep 21 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zaloom Real Estate
Investment Insights
Based on property information with market context.
This two-family hi-ranch offers 2,280 square feet on a 78 x 100 corner lot. The lower level includes a built-in garage, family room with sliders to the yard and patio, and a separate two-bedroom rental with living room, kitchen, and full bath. The upper level provides an entryway, living room, formal dining room, eat-in kitchen with island, primary bedroom with private three-quarter bath, two additional bedrooms, and a full bath. Attic storage adds practical utility.
Interior finishes include marble and tile flooring throughout. The property also features central air, two separate heating systems, gas hot-air heat, and separate utilities. Built in 1970, the residence includes multiple entrances and outdoor space associated with the corner-lot setting.
Interior finishes include marble and tile flooring throughout. The property also features central air, two separate heating systems, gas hot-air heat, and separate utilities. Built in 1970, the residence includes multiple entrances and outdoor space associated with the corner-lot setting.
Key Highlights
- Two‑family hi‑ranch with 2,280 square feet
- 78 x 100 corner lot
- Built‑in garage, patio, and large yard
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
$62,187
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
5.65%
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%
$1,243,740
$1.2M
Cap Rate 7%
$888,386
$888.4K
Cap Rate 9%
$690,967
$691.0K
Market Conditions
NOI Build-Up for 2,280 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
$93.0K $40.80/SF
− Vacancy
−$4.2K −$1.84/SF
EGI
$88.8K $38.96/SF
− OpEx
−$26.7K −$11.69/SF
NOI
$62.2K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /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%
$1,243,740
Cap Rate 7%
$888,386
Cap Rate 9%
$690,967
Alternative Uses
Best Use
Multifamily LT 5
$888.4K
$777.3K – $1.04M
NOI $62,187 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$823.8K
$720.8K – $961.1K
NOI $57,664 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.09M
$951.9K – $1.27M
NOI $76,153 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
342
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with separate living areas, central air, a patio, and yard access.
Where is this duplex located?
The property is located at 39 Field St Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family hi‑ranch with 2,280 square feet; 78 x 100 corner lot; Built‑in garage, patio, and large yard
