Newer-Construction
New
For Sale
$1,200,000
90 Layton Ave., Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size3,186 SF
Lot Size0.06 Acres
Price / SF$376.65
Days on Market6
Property Features for 90 Layton Ave.
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 9, Bedroom 8, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 7, Bedroom 2
Subdivision
Mid Island
Directions
Bismark Ave to Layton Ave.
Standard status
Active
APN
0046-0011
Size
3,186 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
9099
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
2020
Floors in Building
3
Building materials
Vinyl Siding
Listing Agency:
RED DOOR REALTY GROUP
(718) 987-3667
Listed By:
Daniel Fausak
(917) 836-7015
Added: Sep 22
Last Checked: Sep 27 at 1:06PM
MLS# 11996010
Copyright © 2026 My State MLS. 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 three-unit residential property contains three 3-bedroom apartments within 3,186 square feet. Completed in 2020, the building has vinyl siding, natural-gas forced-air heating, and public water service. Two apartments are occupied, while the third is vacant. Residents pay their own utilities, keeping those costs separate from the owner’s obligations.
The property is located at 90 Layton Ave. in Staten Island, approximately 1 mile from the Staten Island Ferry and Empire Outlets. The 0.0631-acre parcel offers a newer multifamily building in an established Staten Island setting.
The property is located at 90 Layton Ave. in Staten Island, approximately 1 mile from the Staten Island Ferry and Empire Outlets. The 0.0631-acre parcel offers a newer multifamily building in an established Staten Island setting.
Key Highlights
- Three 3‑bedroom apartments
- 3,186 square feet across the property
- Built in 2020 with vinyl siding
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
$79,230
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
6.60%
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%
$1,584,600
$1.6M
Cap Rate 7%
$1,131,857
$1.1M
Cap Rate 9%
$880,333
$880.3K
Market Conditions
NOI Build-Up for 3,186 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
$118.5K $37.20/SF
− Vacancy
−$5.3K −$1.67/SF
EGI
$113.2K $35.53/SF
− OpEx
−$34.0K −$10.66/SF
NOI
$79.2K $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%
$1,584,600
Cap Rate 7%
$1,131,857
Cap Rate 9%
$880,333
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$990.4K – $1.32M
NOI $79,230 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$1.01M
$883.2K – $1.18M
NOI $70,653 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,413 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,556
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments, two occupied and one vacant, provide an income-producing residential configuration.
Where is this triplex located?
The property is located at 90 Layton Ave. Staten Island, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three 3‑bedroom apartments; 3,186 square feet across the property; Built in 2020 with vinyl siding
