Full-Brick Two-Family
New
For Sale
Contact for pricing
93 Weiner Street, Staten Island, NY 10309
Detached four-bedroom residence requiring comprehensive renovation, with neighborhood amenities and transportation nearby.
Property Size3,656 SF
Lot Size0.26 Acres
Price / SF$355.31
Days on Market7
Property Features for 93 Weiner Street
General Information
Standard status
Active
Size
3,656 SF
Lot size
0.26 Acres
Property subtype
Multifamily
Zoning
R3X
Property Condition
Severity
Major Repairs Needed
Evidence
full renovation
Additional Details
Road Access
Yes
Multifamily Units
2
Building Details
Year Built
1975
Buildings
1
Stories
2
Units
2
Construction
full brick
Listing Agency:
Century 21 Standard Real Estate
Listed By:
Herman Herrera · License #10491202518
(718) 317-0400
Source:
Crexi
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Standard Real Estate
Investment Insights
Based on property information with market context.
This detached duplex is constructed with a full-brick exterior and provides four bedrooms and four bathrooms across its two-family configuration. The residence sits on a 100 x 115 property and requires a full renovation, offering a substantial residential improvement project at 93 Weiner St in Staten Island.
The home is positioned on a quiet street characterized by custom-built residences, with neighborhood amenities and transportation located nearby. Its two-family layout and detached construction define the property’s existing residential format.
The home is positioned on a quiet street characterized by custom-built residences, with neighborhood amenities and transportation located nearby. Its two-family layout and detached construction define the property’s existing residential format.
Key Highlights
- Two‑family detached residence with a full‑brick exterior
- Four bedrooms and four bathrooms
- 100 x 115 property
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
$90,918
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
7.00%
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%
$1,818,360
$1.8M
Cap Rate 7%
$1,298,829
$1.3M
Cap Rate 9%
$1,010,200
$1.0M
Market Conditions
NOI Build-Up for 3,656 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
$136.0K $37.20/SF
− Vacancy
−$6.1K −$1.67/SF
EGI
$129.9K $35.53/SF
− OpEx
−$39.0K −$10.66/SF
NOI
$90.9K $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%
$1,818,360
Cap Rate 7%
$1,298,829
Cap Rate 9%
$1,010,200
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $90,918 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$1.16M
$1.01M – $1.35M
NOI $81,075 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.74M
$1.53M – $2.04M
NOI $122,111 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
857
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 - Detached four-bedroom residence requiring comprehensive renovation, with neighborhood amenities and transportation nearby.
Where is this duplex located?
The property is located at 93 Weiner Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two‑family detached residence with a full‑brick exterior; Four bedrooms and four bathrooms; 100 x 115 property
