Two-Family Ranch
For Sale
$1,100,000
39 Field Street, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size2,280 SF
Lot Size0.18 Acres
Price / SF$482.46
Days on Market8
Property Features for 39 Field Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4
Parking features
Driveway, Garage, Off Street
Patio and Porch features
Patio
Interior features
Walk-In Closet(s)
Fencing
Fenced
Lot features
Back Yard
Subdivision
Willowbrook
Standard status
Active
APN
1965-166
Size
2,280 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
10172
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
central air
garage
yard
patio
Building Details
Year built
1970
Floors in Building
3
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Ranch
Listing Agency:
Zaloom Real Estate · Century 21 Real Estate
(718) 816-1998
Listed By:
Vincent M Zaloom
(917) 539-4798
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 9 at 3:06PM
MLS# 2604937
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.
This two-family ranch property was built in 1970 and contains 2,280 square feet on a 0.1791-acre corner lot. The lower level includes an attached garage, family room with patio access, and a separate rental with two bedrooms, living room, kitchen, and full bath. The upper level offers a 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, walk-in closet space, marble and tile flooring, and a fenced yard add to the configuration.
The property has separate heating systems using natural-gas forced air, central air conditioning, public sewer, and driveway and off-street parking. R3-1 zoning supports its residential setting, while the two-unit layout provides distinct living areas within one building.
The property has separate heating systems using natural-gas forced air, central air conditioning, public sewer, and driveway and off-street parking. R3-1 zoning supports its residential setting, while the two-unit layout provides distinct living areas within one building.
Key Highlights
- Two‑family ranch property with 2,280 square feet on a 0.1791‑acre corner lot
- Separate lower‑level rental with two bedrooms, kitchen, living room, and full bath
- Upper level includes formal dining room, eat‑in kitchen with island, and primary suite bath
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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Open Analytics
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 - Ranch-style duplex with a separate rental, attached garage, fenced yard, and central air conditioning.
Where is this duplex located?
The property is located at 39 Field Street 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 ranch property with 2,280 square feet on a 0.1791‑acre corner lot; Separate lower‑level rental with two bedrooms, kitchen, living room, and full bath; Upper level includes formal dining room, eat‑in kitchen with island, and primary suite bath
