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Duplex with Central Air
For Sale
$899,999
Pending

97 Wilson Street, Staten Island, NY 10304

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size2,377 SF
Lot Size0.06 Acres
Days on Market99

Property Features for 97 Wilson Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking features Driveway
Patio and Porch features Deck
Lot features Back Yard
Subdivision Dongan Hills-Above Hylan
Standard status Pending
Size 2,377 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 7202

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

deck
yard

Building Details

Year built 1984
Floors in Building 3
Number of units 2
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: Comfort Homes Realty Group Inc
Listed By: Sucuri Tony Palevic
Added: May 2 Changed: Aug 2 Last Checked: Aug 8 at 4:06AM
MLS# 2602409

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 duplex offers a Colonial-style layout with four bedrooms and multiple bathrooms, plus a deck and yard. The home includes forced air heating with natural gas, and central air cooling. Exterior materials are listed as vinyl siding, and parking is provided via a driveway.

The interior arrangement is described in levels. Level 1 includes a one-bedroom apartment with a utility room. Level 2 features a living room, dining room, a half bathroom, and an eat-in kitchen with sliding doors to the deck and yard. The third level is described as including a main bedroom with a 3/4 bathroom, additional bedrooms, and a full bathroom.

Additional utilities are listed as public sewer. The property is located at 97 Wilson Street, Staten Island, NY 10304, in zoning R3X, on a 0.0588-acre lot.

Key Highlights

  • Colonial duplex with central air and vinyl siding
  • Level 1: one‑bedroom apartment plus utility room
  • Level 2: living room, dining room, half bathroom, eat‑in kitchen with sliding doors to deck and yard

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
$58,738
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
6.53%
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%
$1,174,760 $1.2M
Cap Rate 7%
$839,114 $839.1K
Cap Rate 9%
$652,644 $652.6K
Market Conditions
NOI Build-Up for 2,377 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
$91.3K $38.40/SF
− Vacancy
−$7.4K −$3.10/SF
EGI
$83.9K $35.30/SF
− OpEx
−$25.2K −$10.59/SF
NOI
$58.7K $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%
$1,174,760
Cap Rate 7%
$839,114
Cap Rate 9%
$652,644

Alternative Uses

Best Use
Multifamily LT 5
$839.1K
$734.2K – $979.0K (±1% cap)
NOI $58,738 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$769.0K
$672.9K – $897.2K (±1% cap)
NOI $53,830 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$1.13M
$992.4K – $1.32M (±1% cap)
NOI $79,392 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Hotel & Motel Locksmith Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,395
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex-style home built in 1984 with central air, a deck, and driveway parking on a small Staten Island lot.
Where is this duplex located?
The property is located at 97 Wilson Street Staten Island, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Colonial duplex with central air and vinyl siding; Level 1: one‑bedroom apartment plus utility room; Level 2: living room, dining room, half bathroom, eat‑in kitchen with sliding doors to deck and yard
More about this property
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