Brick Duplex with Finished Lower
New
For Sale
$749,999
83 Woehrle Avenue, Staten Island, NY 10312
Residential, Staten Island, NY
Property Size1,472 SF
Lot Size0.06 Acres
Price / SF$509.51
Days on Market3
Property Features for 83 Woehrle Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Driveway, On Street
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Fireplace
Fireplace
1
Basement
Unfinished
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Arden Heights
Standard status
Active
APN
5675-0031
Size
1,472 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
6926
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Building Details
Year built
1975
Floors in Building
2
Building materials
Brick, Vinyl Siding
Listing Agency:
Joanne Costa Realty
(718) 987-3060
Listed By:
Lynne Pellegrino
(917) 692-5064
Added: Aug 26
Changed: Aug 27
Last Checked: Aug 28 at 6:06AM
MLS# 2604827
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 1,472-square-foot duplex at 83 Woehrle Avenue includes three bedrooms, two bathrooms, hardwood flooring, and a finished lower level. The main living areas include a living room, formal dining room, and eat-in kitchen, while the upper level contains three bedrooms and a full bathroom. The lower level adds flexible space for recreation, family use, or an office. A fireplace, ceiling fans, and forced-air natural-gas heating are among the interior features, with a dishwasher, washer, dryer, microwave, and refrigerator included.
The property occupies 0.0551 acres in Staten Island, NY 10312, with R3-1 zoning. Exterior improvements include brick and vinyl siding, a private deck, and driveway parking supplemented by on-street parking. Public sewer serves the property, which was built in 1975.
The property occupies 0.0551 acres in Staten Island, NY 10312, with R3-1 zoning. Exterior improvements include brick and vinyl siding, a private deck, and driveway parking supplemented by on-street parking. Public sewer serves the property, which was built in 1975.
Key Highlights
- 1,472 square feet on a 0.0551‑acre lot
- R3‑1 zoning in Staten Island, NY 10312
- Three bedrooms and two bathrooms
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
$36,374
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
4.85%
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%
$727,480
$727.5K
Cap Rate 7%
$519,629
$519.6K
Cap Rate 9%
$404,156
$404.2K
Market Conditions
NOI Build-Up for 1,472 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
$56.5K $38.40/SF
− Vacancy
−$4.6K −$3.10/SF
EGI
$52.0K $35.30/SF
− OpEx
−$15.6K −$10.59/SF
NOI
$36.4K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
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%
$727,480
Cap Rate 7%
$519,629
Cap Rate 9%
$404,156
Alternative Uses
Best Use
Multifamily LT 5
$519.6K
$454.7K – $606.2K
NOI $36,374 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$457.2K
$400.0K – $533.4K
NOI $32,002 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$702.4K
$614.6K – $819.4K
NOI $49,165 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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 - Hardwood flooring, a finished lower level, private deck, driveway parking, and natural-gas forced-air heat support daily use.
Where is this duplex located?
The property is located at 83 Woehrle Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 1,472 square feet on a 0.0551‑acre lot; R3‑1 zoning in Staten Island, NY 10312; Three bedrooms and two bathrooms
