Two-Family Duplex with
For Sale
$849,999
41 Margaretta Court, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size1,391 SF
Lot Size0.09 Acres
Price / SF$611.07
Days on Market10
Property Features for 41 Margaretta Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
On Street, Off Street, Driveway
Security features
Security System
Patio and Porch features
Deck
Basement
Full, Finished
Lot features
Front Yard, Back Yard
Subdivision
Westerleigh
Standard status
Active
APN
00366-0122
Size
1,391 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
6711
Utilities
Sewer type
Public Sewer
Heating system
Steam, Natural Gas
Amenities
private driveway
deck
hardwood floors
large windows
sliding glass doors
separate laundry
storage
workshop space
finished lower level
Building Details
Year built
1962
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Cape Cod
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Robert A Crimmins
(718) 869-9107
Added: Sep 22
Changed: Sep 30
Last Checked: Oct 1 at 5:06PM
MLS# 2605415
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 Cape Cod-style duplex contains 1,391 square feet and was built in 1962. The interior includes hardwood floors, a main kitchen with a pass-through, and a second kitchen area on the upper level. Sliding glass doors connect a rear room to an elevated deck, while the lower level offers finished space, laundry, storage, and a workshop area. The property also has a private yard, vinyl siding, steam heat fueled by natural gas, and driveway parking, with additional on-street parking available.
The 0.0927-acre parcel is zoned R2 and served by public sewer. A separate basement entrance provides additional access to the lower level.
The 0.0927-acre parcel is zoned R2 and served by public sewer. A separate basement entrance provides additional access to the lower level.
Key Highlights
- Two‑family duplex with 1,391 square feet
- 0.0927‑acre lot zoned R2
- Built in 1962; Cape Cod architectural style
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
$37,939
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
4.46%
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%
$758,780
$758.8K
Cap Rate 7%
$541,986
$542.0K
Cap Rate 9%
$421,544
$421.5K
Market Conditions
NOI Build-Up for 1,391 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
$56.8K $40.80/SF
− Vacancy
−$2.6K −$1.84/SF
EGI
$54.2K $38.96/SF
− OpEx
−$16.3K −$11.69/SF
NOI
$37.9K $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%
$758,780
Cap Rate 7%
$541,986
Cap Rate 9%
$421,544
Alternative Uses
Best Use
Multifamily LT 5
$542.0K
$474.2K – $632.3K
NOI $37,939 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$502.6K
$439.8K – $586.3K
NOI $35,180 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$663.7K
$580.8K – $774.3K
NOI $46,460 @ 7.0% cap · market cap 5.47%
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
1,473
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 - A finished lower level, separate basement entrance, and two kitchen areas support a flexible residential layout.
Where is this duplex located?
The property is located at 41 Margaretta Court Staten Island, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two‑family duplex with 1,391 square feet; 0.0927‑acre lot zoned R2; Built in 1962; Cape Cod architectural style
