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Two-Family Ranch Duplex with Corner Lot
For Sale
$1,299,000

5 Bartow Street, Staten Island, NY 10306

MULTI_FAMILY - Ranch - Staten Island, NY

Property Size1,914 SF
Lot Size0.12 Acres
Price / SF$678.68
Days on Market124

Property Features for 5 Bartow Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3-1
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 5
Parking features Garage, Off Street
Interior features Ceiling Fan(s)
Fencing Fenced, Chain Link
Basement Finished, Full
Lot features Front Yard, Back Yard
Subdivision Bay Terrace
Standard status Active
APN 05
Size 1,914 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 8326

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

full basement
garage
central A/C
hardwood flooring
Pella windows
attic
patio
above-ground pool
paver planters
laundry area

Building Details

Year built 1975
Floors in Building 2
Number of units 2
Building materials Brick, Vinyl Siding
Architectural style Ranch
Listing Agency: Tom Crimmins Realty, Ltd.
Listed By: Noha Elashram
Added: Apr 13 Changed: Aug 12 Last Checked: Aug 14 at 3:06PM
MLS# 2601923

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.

Spacious two-family ranch duplex on an oversized corner property with a full basement. The main residence offers three bedrooms and two full bathrooms with hardwood flooring throughout, Pella windows, and a forced-air natural gas heating system with central A/C approximately six years old. The first level includes a garage and a generously sized two-bedroom apartment with a full eat-in kitchen, full bathroom, ample closet space, and a bright living room with sliding doors to the backyard. The upstairs unit features an L-shaped living and dining area with vaulted ceilings, an eat-in kitchen, a full bath, and three well-proportioned bedrooms.

Additional features include a large attic with pull-down stairs, a fully finished dry basement with high ceilings, a spacious family room, a full bathroom, laundry area, utilities, and extra storage. Outside, there is a sizable side and rear concrete patio with paver planters and an 18-foot round above-ground pool, plus fenced chain-link perimeter.

Zoned R3-1, the property is in the Bay Terrace area with easy access to shopping and schools and near the Staten Island Railway.

Key Highlights

  • Oversized corner property for a two‑family ranch duplex with a full basement
  • 0.1206‑acre lot with 1,914 SF total building size
  • Main residence: three bedrooms and two full bathrooms; two‑bedroom apartment on the first level

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
$48,619
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
3.74%
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%
$972,380 $972.4K
Cap Rate 7%
$694,557 $694.6K
Cap Rate 9%
$540,211 $540.2K
Market Conditions
NOI Build-Up for 1,914 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
$73.5K $38.40/SF
− Vacancy
−$4.0K −$2.11/SF
EGI
$69.5K $36.29/SF
− OpEx
−$20.8K −$10.89/SF
NOI
$48.6K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /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%
$972,380
Cap Rate 7%
$694,557
Cap Rate 9%
$540,211

Alternative Uses

Best Use
Multifamily LT 5
$694.6K
$607.7K – $810.3K (±1% cap)
NOI $48,619 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$617.2K
$540.0K – $720.1K (±1% cap)
NOI $43,203 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$913.3K
$799.1K – $1.07M (±1% cap)
NOI $63,928 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby

Demographics for 10306, NY

57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Main home features three bedrooms and two full baths, plus a separate two-bedroom apartment in an R3-1 two-family ranch.
Where is this duplex located?
The property is located at 5 Bartow Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Oversized corner property for a two‑family ranch duplex with a full basement; 0.1206‑acre lot with 1,914 SF total building size; Main residence: three bedrooms and two full bathrooms; two‑bedroom apartment on the first level
More about this property
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