Historic Duplex
For Sale
$999,999
92 Harrison Street, Staten Island, NY 10304
Residential Income, Staten Island, NY
Property Size3,000 SF
Lot Size0.36 Acres
Price / SF$333.33
Days on Market86
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
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, 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
Hot Water(Heating), Natural Gas
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
(347) 922-1325
Added: Jun 25
Changed: Sep 13
Last Checked: Sep 18 at 12:06AM
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.
This 3,000-square-foot duplex occupies a 0.3602-acre corner lot at 92 Harrison Street in Staten Island. The two-and-a-half-story residence is a designated New York City Landmark with Greek Revival detailing, including a full-width columned porch, classical cornice, pedimented roof, tripartite lunette window, clapboard siding, green shutters, and a two-story enclosed rear porch. The property is currently being used as a single-family home while retaining its two-family configuration.
Additional features include a high brick basement, fenced grounds, off-street parking, patio space, hot-water heating, natural gas service, and a public sewer connection. Zoned R3-2, the property presents a substantial historic residence with renovation needs involving systems and finishes, while preserving its architectural character and corner-lot setting.
Additional features include a high brick basement, fenced grounds, off-street parking, patio space, hot-water heating, natural gas service, and a public sewer connection. Zoned R3-2, the property presents a substantial historic residence with renovation needs involving systems and finishes, while preserving its architectural character and corner-lot setting.
Key Highlights
- Designated New York City Landmark
- 3,000 square feet on a 0.3602‑acre corner lot
- Two‑family property currently used as a single‑family home
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot Greek Revival residence with two-family configuration, currently used as a single-family home.
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: Designated New York City Landmark; 3,000 square feet on a 0.3602‑acre corner lot; Two‑family property currently used as a single‑family home
