Duplex Corner
For Sale
$999,999
92 Harrison Street, Staten Island, NY 10304
MULTI_FAMILY - Staten Island, NY
Property Size3,000 SF
Lot Size0.36 Acres
Price / SF$333.33
Days on Market61
Property Features for 92 Harrison Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Off Street
Patio and Porch features
Patio
Fencing
Fenced
Basement
Unfinished, Full
Lot features
Back Yard
Subdivision
Stapleton
Standard status
Active
Size
3,000 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Annual Amount
6117
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Building materials
Wood Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Ragheb Mick Baig
(718) 987-7900
Added: Jun 25
Changed: Aug 2
Last Checked: Aug 24 at 2:06PM
MLS# 2603599
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.
92 Harrison Street is a duplex configured and currently used as a single-family home, set on a corner lot at the intersection of Harrison Street and Quinn. The property is zoned R3-2 and sits on a 0.3602-acre lot with approximately 3,000 square feet of building area. Built in 1899, it is constructed with wood siding and served by public sewer.
The home features natural gas hot water heating and includes off-street parking. Outdoor amenities include a patio, and the property is fenced. Interior layout includes five bedrooms and four bathrooms, with multiple rooms identified as Bedroom 1 through Bedroom 5 and Bathroom 1 through Bathroom 4.
Character features highlighted in the property description include a full-width columned front porch and a rare two-story enclosed rear porch, with Greek Revival architectural elements such as a pedimented gable and a tripartite fan-shaped lunette window. The description also states the home is a designated New York City landmark.
The home features natural gas hot water heating and includes off-street parking. Outdoor amenities include a patio, and the property is fenced. Interior layout includes five bedrooms and four bathrooms, with multiple rooms identified as Bedroom 1 through Bedroom 5 and Bathroom 1 through Bathroom 4.
Character features highlighted in the property description include a full-width columned front porch and a rare two-story enclosed rear porch, with Greek Revival architectural elements such as a pedimented gable and a tripartite fan-shaped lunette window. The description also states the home is a designated New York City landmark.
Key Highlights
- Corner lot duplex currently used as a single‑family home
- 0.3602‑acre lot with approximately 3,000 square feet building area
- Built in 1899 with wood siding and public sewer
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
$74,132
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
7.41%
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%
$1,482,640
$1.5M
Cap Rate 7%
$1,059,029
$1.1M
Cap Rate 9%
$823,689
$823.7K
Market Conditions
NOI Build-Up for 3,000 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
$115.2K $38.40/SF
− Vacancy
−$9.3K −$3.10/SF
EGI
$105.9K $35.30/SF
− OpEx
−$31.8K −$10.59/SF
NOI
$74.1K $24.71/SF
Area
ZIP 10304
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%
$1,482,640
Cap Rate 7%
$1,059,029
Cap Rate 9%
$823,689
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$926.7K – $1.24M
NOI $74,132 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$970.6K
$849.2K – $1.13M
NOI $67,939 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,201 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,537
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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 - Duplex on a corner lot zoned R3-2 with natural gas hot water heat, off-street parking, and fenced outdoor space.
Where is this duplex located?
The property is located at 92 Harrison Street Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Corner lot duplex currently used as a single‑family home; 0.3602‑acre lot with approximately 3,000 square feet building area; Built in 1899 with wood siding and public sewer
