Duplex with Detached Garage and
For Sale
$974,900
6 Nehring Avenue, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size2,652 SF
Lot Size0.16 Acres
Price / SF$367.61
Days on Market45
Property Features for 6 Nehring Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4
Parking features
Carport, Garage
Patio and Porch features
Deck
Pool private
1
Exterior features
Balcony
Basement
Full, Finished
Lot features
Front Yard, Back Yard
Subdivision
New Springville
Standard status
Active
Size
2,652 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6869
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Amenities
detached garage
in-ground pool
deck
Building Details
Year built
1980
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: Jul 27
Changed: Sep 9
Last Checked: Sep 9 at 5:06PM
MLS# 2604201
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 two-family duplex offers 2,652 square feet on a 0.1577-acre lot, with a three-bedroom, two-bath main residence and a one-bedroom first-floor apartment. The primary unit includes a finished basement, hardwood flooring, updated kitchen, four-piece bathroom, and fresh paint. A rear deck extends toward the private in-ground pool, which requires maintenance before use.
The detached 21 x 21 garage has 12.5-foot-high ceilings and hookups for a half bathroom, providing additional functional space. Garage and carport parking are included. Built in 1980, the property has brick and vinyl siding, natural-gas forced-air heat, and public sewer service. R3-1 zoning supports its two-family configuration. Public transportation, shopping, restaurants, schools, and parks are located nearby.
The detached 21 x 21 garage has 12.5-foot-high ceilings and hookups for a half bathroom, providing additional functional space. Garage and carport parking are included. Built in 1980, the property has brick and vinyl siding, natural-gas forced-air heat, and public sewer service. R3-1 zoning supports its two-family configuration. Public transportation, shopping, restaurants, schools, and parks are located nearby.
Key Highlights
- Legal 2‑family duplex with a 3‑bedroom, 2‑bath main residence and a 1‑bedroom first‑floor apartment
- 2,652 square feet on a 0.1577‑acre lot
- Detached 21 x 21 garage with 12.5‑foot‑high ceilings and half‑bath hookups
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
$72,333
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
7.42%
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%
$1,446,660
$1.4M
Cap Rate 7%
$1,033,329
$1.0M
Cap Rate 9%
$803,700
$803.7K
Market Conditions
NOI Build-Up for 2,652 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
$108.2K $40.80/SF
− Vacancy
−$4.9K −$1.84/SF
EGI
$103.3K $38.96/SF
− OpEx
−$31.0K −$11.69/SF
NOI
$72.3K $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%
$1,446,660
Cap Rate 7%
$1,033,329
Cap Rate 9%
$803,700
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$904.2K – $1.21M
NOI $72,333 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$958.2K
$838.4K – $1.12M
NOI $67,072 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,577 @ 7.0% cap · market cap 9.09%
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
770
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
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 a finished basement, rear deck, and separate first-floor apartment.
Where is this duplex located?
The property is located at 6 Nehring Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $974,900.
What are key features of this property?
This property features: Legal 2‑family duplex with a 3‑bedroom, 2‑bath main residence and a 1‑bedroom first‑floor apartment; 2,652 square feet on a 0.1577‑acre lot; Detached 21 x 21 garage with 12.5‑foot‑high ceilings and half‑bath hookups
