Two-Unit Colonial
For Sale
$1,274,999
Pending
39 Selkirk Street, Staten Island, NY 10309
A separate-entry apartment adds a one-bedroom living unit alongside the primary residence.
Property Size3,000 SF
Days on Market22
Property Features for 39 Selkirk Street
General Information
Standard status
Pending
Size
3,000 SF
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
R3-X
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,257
Amenities
central air
skylights
ceiling fans
granite countertops
stainless appliances
wood burning fireplace
finished lower level
wine cellar
bar
deck
1
true
4
Ceiling Fan(s)
Front Yard,Back Yard
6383
42x150
0.15
Off Street,On Street
3000
Building Details
Building Size
3,000 SF
Year Built
1997
Stories
2
Construction
colonial
Listing Agency:
Gillani Homes Inc.
Listed By:
Vivian P Kokkinos · License #10301213544
(917) 885-9026
Source:
Matiasrealestatenyc
Added: Oct 16
Changed: Nov 5
Last Checked: Nov 5 at 9:00AM
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 Gillani Homes Inc.
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Investment Insights
Based on property information with market context.
At 39 Selkirk Street in Staten Island, this two-unit colonial property offers 3,000 square feet of living space. The primary residence includes three second-floor bedrooms, formal living and dining rooms, a kitchen with dining area, and a family room with a wood-burning fireplace. The finished lower level has living and storage areas, a bar, and a separate room previously used as a wine cellar. A one-car garage, laundry room, and central air conditioning in the main house are also included.
The apartment has its own entrance and comprises one bedroom, one bathroom, and an open kitchen and living area. The property was built in 1997, sits on a 42-by-150-foot lot, and is zoned R3-X.
The apartment has its own entrance and comprises one bedroom, one bathroom, and an open kitchen and living area. The property was built in 1997, sits on a 42-by-150-foot lot, and is zoned R3-X.
Key Highlights
- Two dwelling units, including a separate‑entry apartment
- 3,000 square feet of living space
- Lot measures 42 by 150 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,605
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,492,100
$1.5M
Cap Rate 7%
$1,065,786
$1.1M
Cap Rate 9%
$828,944
$828.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$111.6K $37.20/SF
− Vacancy
−$5.0K −$1.67/SF
EGI
$106.6K $35.53/SF
− OpEx
−$32.0K −$10.66/SF
NOI
$74.6K $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 Rate 5%
$1,492,100
Cap Rate 7%
$1,065,786
Cap Rate 9%
$828,944
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$932.6K – $1.24M
NOI $74,605 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,201 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate-entry apartment adds a one-bedroom living unit alongside the primary residence.
Where is this duplex located?
The property is located at 39 Selkirk Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,274,999.
What are key features of this property?
This property features: Two dwelling units, including a separate‑entry apartment; 3,000 square feet of living space; Lot measures 42 by 150 feet
