Custom Two-Family
For Sale
$999,900
Pending
97 Margaretta Court, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size3,060 SF
Lot Size0.15 Acres
Days on Market113
Property Features for 97 Margaretta Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
6
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features
Carport
Patio and Porch features
Deck
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Westerleigh
Standard status
Pending
Size
3,060 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
11410
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
2
Number of units
1
Building materials
Stucco
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Added: Jun 22
Changed: Oct 8
Last Checked: Oct 12 at 7:06PM
MLS# 2603502
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 two-family duplex contains 3,060 square feet on a 0.1496-acre lot and was built in 1950. The property includes two three-bedroom residences: one with three bathrooms, a finished basement, and backyard access; the other with one bathroom and access to a Trex deck. Interior features include custom kitchens, designer bathrooms, extensive trim work, and finished lower-level space. The property also has a carport, central air, forced-air natural gas heat, public sewer service, and stucco construction.
The home is located at 97 Margaretta Court in Staten Island, NY 10314, near public transportation, parks, restaurants, shopping, and schools. Remaining work includes exterior stucco, entry vestibule completion, and addressing existing violations and stop work order requirements. The property is being sold as is and is zoned R2.
The home is located at 97 Margaretta Court in Staten Island, NY 10314, near public transportation, parks, restaurants, shopping, and schools. Remaining work includes exterior stucco, entry vestibule completion, and addressing existing violations and stop work order requirements. The property is being sold as is and is zoned R2.
Key Highlights
- Two three‑bedroom residences within a 3,060‑square‑foot duplex
- 0.1496‑acre lot at 97 Margaretta Court, Staten Island, NY 10314
- Unit 1 includes 3 bathrooms, finished basement, and backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,461
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,669,220
$1.7M
Cap Rate 7%
$1,192,300
$1.2M
Cap Rate 9%
$927,344
$927.3K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$124.8K $40.80/SF
− Vacancy
−$5.6K −$1.84/SF
EGI
$119.2K $38.96/SF
− OpEx
−$35.8K −$11.69/SF
NOI
$83.5K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,669,220
Cap Rate 7%
$1,192,300
Cap Rate 9%
$927,344
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,461 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$1.11M
$967.4K – $1.29M
NOI $77,391 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,205 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,631
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Nearly completed two-unit property with separate three-bedroom residences, upgraded interiors, outdoor areas, and a private backyard.
Where is this duplex located?
The property is located at 97 Margaretta Court Staten Island, NY.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two three‑bedroom residences within a 3,060‑square‑foot duplex; 0.1496‑acre lot at 97 Margaretta Court, Staten Island, NY 10314; Unit 1 includes 3 bathrooms, finished basement, and backyard access
