Brick Duplex with Private
For Sale
$899,900
39 Hemlock Lane, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size2,704 SF
Lot Size0.06 Acres
Price / SF$332.80
Days on Market10
Property Features for 39 Hemlock Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 4
Parking features
Carport
Pool private
1
Lot features
Front Yard, Back Yard
Subdivision
Woodrow
Standard status
Active
APN
07267-0195
Size
2,704 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
3975
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
built-in pool
deck
Building Details
Year built
1996
Floors in Building
3
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Added: Sep 22
Changed: Sep 23
Last Checked: Oct 1 at 5:06PM
MLS# 2605363
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 legal duplex at 39 Hemlock Lane contains two substantial residential units totaling 2704 square feet on a 0.0574-acre lot. The primary residence occupies three levels with 3 bedrooms and 3 bathrooms, hardwood flooring, an open layout, and a kitchen that opens to a large deck. The second unit spans two levels and includes 2 bedrooms, providing a distinct living arrangement within the property. Built in 1996, the home features brick and vinyl siding, forced-air natural gas heat, central air, and public sewer service.
Outdoor amenities include a built-in private pool and a large backyard. The property is located in Staten Island near schools, public transportation, shopping, restaurants, parks, and beaches, with access to the expressway. R3-1 zoning supports its documented two-family configuration.
Outdoor amenities include a built-in private pool and a large backyard. The property is located in Staten Island near schools, public transportation, shopping, restaurants, parks, and beaches, with access to the expressway. R3-1 zoning supports its documented two-family configuration.
Key Highlights
- Legal two‑family duplex with 5 bedrooms and 4 bathrooms
- 2704 square feet of living space on a 0.0574‑acre lot
- Two residential units: 3 bedrooms/3 bathrooms and 2 bedrooms
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
$67,244
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
7.47%
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%
$1,344,880
$1.3M
Cap Rate 7%
$960,629
$960.6K
Cap Rate 9%
$747,156
$747.2K
Market Conditions
NOI Build-Up for 2,704 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
$100.6K $37.20/SF
− Vacancy
−$4.5K −$1.67/SF
EGI
$96.1K $35.53/SF
− OpEx
−$28.8K −$10.66/SF
NOI
$67.2K $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%
$1,344,880
Cap Rate 7%
$960,629
Cap Rate 9%
$747,156
Alternative Uses
Best Use
Multifamily LT 5
$960.6K
$840.6K – $1.12M
NOI $67,244 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$856.6K
$749.6K – $999.4K
NOI $59,964 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,314 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Check the figures for this property
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 - Legal two-family property with separate living spaces, a private backyard, and central air conditioning.
Where is this duplex located?
The property is located at 39 Hemlock Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Legal two‑family duplex with 5 bedrooms and 4 bathrooms; 2704 square feet of living space on a 0.0574‑acre lot; Two residential units: 3 bedrooms/3 bathrooms and 2 bedrooms
