Two-Story Corner Single-Family
For Sale
$449,000
Pending
939 Post Avenue, Staten Island, NY 10302
SINGLE_FAMILY - Staten Island, NY
Property Size1,200 SF
Lot Size0.03 Acres
Days on Market101
Property Features for 939 Post Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3A
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features
Driveway
Basement
Partially Finished
Subdivision
Port Richmond
Standard status
Pending
Size
1,200 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
3071
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Building Details
Year built
1993
Floors in Building
2
Building materials
Vinyl Siding
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Aharon Hershowitz
(631) 926-7909
Added: Jun 2
Changed: Aug 3
Last Checked: Sep 10 at 5:06AM
MLS# 2603094
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.
939 Post Avenue is a move-in-ready single-family home built in 1993, offering approximately 1,200 square feet across two stories. The main level features a combined living and dining area, an eat-in kitchen, and a half bath. Upstairs are two bedrooms and a full bath. A partially finished basement adds flexible space that can be used as a home office, recreation room, or for storage, and the home is heated with natural gas forced-air heat.
Set on a corner lot, the property includes a private driveway and vinyl siding, with public sewer available. It is located in R3A zoning and is described as convenient to local shopping, schools, houses of worship, dining, and public transportation, with access to major routes and crossings.
Designed as a low-maintenance residence, the home’s layout supports both everyday living space and additional basement utility for expanding your functional needs.
Set on a corner lot, the property includes a private driveway and vinyl siding, with public sewer available. It is located in R3A zoning and is described as convenient to local shopping, schools, houses of worship, dining, and public transportation, with access to major routes and crossings.
Designed as a low-maintenance residence, the home’s layout supports both everyday living space and additional basement utility for expanding your functional needs.
Key Highlights
- Move‑in‑ready 2‑story single‑family home built in 1993 with approx. 1,200 SF of living space
- Corner lot in Port Richmond (Staten Island North Shore)
- Main level includes living/dining combo, eat‑in kitchen, and a half bath
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
$26,611
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
5.93%
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%
$532,220
$532.2K
Cap Rate 7%
$380,157
$380.2K
Cap Rate 9%
$295,678
$295.7K
Market Conditions
NOI Build-Up for 1,200 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
$50.4K $42.00/SF
− Vacancy
−$2.0K −$1.68/SF
EGI
$48.4K $40.32/SF
− OpEx
−$21.8K −$18.14/SF
NOI
$26.6K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
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%
$532,220
Cap Rate 7%
$380,157
Cap Rate 9%
$295,678
Alternative Uses
Best Use
Apartment 5plus
$380.2K
$332.6K – $443.5K
NOI $26,611 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K
NOI $40,080 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Move-in-ready two-story home on a corner lot with a partially finished basement and private driveway.
Where is this single family property located?
The property is located at 939 Post Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Move‑in‑ready 2‑story single‑family home built in 1993 with approx. 1,200 SF of living space; Corner lot in Port Richmond (Staten Island North Shore); Main level includes living/dining combo, eat‑in kitchen, and a half bath
