Brick Duplex with Central
For Sale
$1,274,999
39 Selkirk Street, Staten Island, NY 10309
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,000 SF
Lot Size0.15 Acres
Price / SF$424
Days on Market319
Property Features for 39 Selkirk Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-X
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1
Parking features
Off Street, On Street
Security features
Security System
Patio and Porch features
Patio, Deck
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Rossville
Standard status
Active
APN
06158-0033
Size
3,000 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
11257
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air, Natural Gas
Cooling system
Central Air
Amenities
hardwood floors
tile flooring
central air
skylights
ceiling fans
deck
wood burning fireplace
faux marble fireplace
finished basement
wine cellar
bar
granite countertops
stainless appliances
whirlpool tub
laundry room
alarm system
Building Details
Year built
1997
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Gillani Homes Inc.
(718) 442-4400
Listed By:
Vivian P Kokkinos · License #10301213544
(917) 885-9026
Added: Oct 10, 2025
Changed: Aug 2
Last Checked: Aug 24 at 9:06PM
MLS# 2505944
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 Colonial duplex offers a unique layout in a brick and vinyl siding home with central air and ceiling fan(s). Interior features include hardwood and tile flooring, baseboard hot water heating, forced air and natural gas heating, skylights, and a wireless ADT alarm system. The main level includes a formal living room, formal dining room, hall powder room, closets, a laundry room, and access to a one-car garage. The primary bedroom is located at the back of the home and includes a four-piece en-suite bath with whirlpool tub, separate shower, and skylights.
Outside, the property sits on a deep 42 x 150 lot with mature landscaping, a patio, and a deck off the kitchen, plus a fenced yard. A large family room with a wood-burning fireplace and a completely finished lower level add flexible space, including a dedicated room that was used as a wine cellar and bar with a faux marble fireplace, along with living and storage space.
In addition to the owner’s main residence, the home features a second dwelling unit with a separate entrance on the right side of the house. That apartment is a one-bedroom, one-bath, open-concept kitchen and living room arrangement.
Outside, the property sits on a deep 42 x 150 lot with mature landscaping, a patio, and a deck off the kitchen, plus a fenced yard. A large family room with a wood-burning fireplace and a completely finished lower level add flexible space, including a dedicated room that was used as a wine cellar and bar with a faux marble fireplace, along with living and storage space.
In addition to the owner’s main residence, the home features a second dwelling unit with a separate entrance on the right side of the house. That apartment is a one-bedroom, one-bath, open-concept kitchen and living room arrangement.
Key Highlights
- Deep 42 x 150 lot with mature landscaping, patio, and deck
- Central air plus baseboard hot water heating, forced air, and natural gas heating
- Wireless ADT alarm system and skylights throughout
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
$74,605
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
5.85%
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%
$1,492,100
$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
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
$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 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%
$1,492,100
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.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
413
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family Colonial duplex on a fenced lot with central air, hardwood and tile floors, and a separate entrance second dwelling unit.
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: Deep 42 x 150 lot with mature landscaping, patio, and deck; Central air plus baseboard hot water heating, forced air, and natural gas heating; Wireless ADT alarm system and skylights throughout
