Two-Family Center Hall
For Sale
$1,499,999
85 Trenton Court, Staten Island, NY 10309
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,150 SF
Lot Size0.11 Acres
Price / SF$476.19
Days on Market49
Property Features for 85 Trenton Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-X
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1
Parking features
Off Street, On Street
Basement
Finished, Apartment, Full
Lot features
Back Yard
Subdivision
Princes Bay
Standard status
Active
Size
3,150 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
14000
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
cedar impression and stone facade
custom Island EIK with butler pantry
hardwood floors
finished basement with rec room
detached garage
backyard
fireplace
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Jul 6
Changed: Aug 2
Last Checked: Aug 23 at 9:06PM
MLS# 2603762
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.
Under construction in 2025, this custom two-family center hall Colonial is built with stone and vinyl siding. The main house features four bedrooms and four baths, with a custom island EIK that includes a butler pantry, a formal dining room, and a large family room off the kitchen with a fireplace. A finished basement includes a legal one-bedroom rental with a full bath and a private entry, plus a dedicated family room for the main house and utilities.
Inside, the main level includes entry, a formal living room, formal dining room, butler pantry, custom eat-in kitchen with island, dinette area, family room with fireplace, and a half bath. The second level offers a primary suite with 3/4 bath and walk-in closet, plus three additional bedrooms and a full bath. The property includes a detached garage and a backyard ready for your vision.
The home is sited on a tranquil dead-end street at 85 Trenton Court in Staten Island, Richmond County, with public sewer and hot water heating using natural gas.
Inside, the main level includes entry, a formal living room, formal dining room, butler pantry, custom eat-in kitchen with island, dinette area, family room with fireplace, and a half bath. The second level offers a primary suite with 3/4 bath and walk-in closet, plus three additional bedrooms and a full bath. The property includes a detached garage and a backyard ready for your vision.
The home is sited on a tranquil dead-end street at 85 Trenton Court in Staten Island, Richmond County, with public sewer and hot water heating using natural gas.
Key Highlights
- Under construction with Year Built 2025
- Custom two‑family center hall Colonial with stone and vinyl siding
- Main house: 4 bedrooms and 4 baths with island EIK and butler pantry
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
$78,335
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
5.22%
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%
$1,566,700
$1.6M
Cap Rate 7%
$1,119,071
$1.1M
Cap Rate 9%
$870,389
$870.4K
Market Conditions
NOI Build-Up for 3,150 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
$117.2K $37.20/SF
− Vacancy
−$5.3K −$1.67/SF
EGI
$111.9K $35.53/SF
− OpEx
−$33.6K −$10.66/SF
NOI
$78.3K $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%
$1,566,700
Cap Rate 7%
$1,119,071
Cap Rate 9%
$870,389
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$979.2K – $1.31M
NOI $78,335 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$997.9K
$873.2K – $1.16M
NOI $69,854 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,211 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
462
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 - Under-construction two-family colonial with central air, finished basement with private-entry rental, and a detached garage.
Where is this duplex located?
The property is located at 85 Trenton Court Staten Island, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Under construction with Year Built 2025; Custom two‑family center hall Colonial with stone and vinyl siding; Main house: 4 bedrooms and 4 baths with island EIK and butler pantry
