Two-Family Duplex with
New
For Sale
$875,000
128 Fahy Avenue, Staten Island, NY 10314
Residential, Duplex, Staten Island, NY
Property Size2,600 SF
Lot Size0.08 Acres
Price / SF$336.54
Days on Market4
Property Features for 128 Fahy Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2
Parking features
Garage
Patio and Porch features
Deck, Patio
Interior features
Deck, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Patio Garden, Pool, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Graniteville
Standard status
Active
Size
2,600 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
7340
Utilities
Water front
1
Building Details
Year built
1987
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Tile
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
ChuChu(Tina) Chen
(718) 612-3088
Added: Oct 2
Changed: Oct 5
Last Checked: Oct 5 at 6:06PM
MLS# 505010
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 2,600-square-foot, two-family duplex contains a main residence with three bedrooms and 1.5 bathrooms, plus a lower-level unit with one bedroom, one bathroom, a living area, and a kitchen. Both kitchens were updated approximately two years ago. Each unit has separate heating and hot water systems, and the property has separate utilities. The roof is approximately 4–5 years old.
The 0.0771-acre parcel measures 32 by 105 feet. Parking includes a built-in garage and a private driveway with space for more than five vehicles. Additional basement area serves storage or utility needs. The property is zoned R3-1.
The 0.0771-acre parcel measures 32 by 105 feet. Parking includes a built-in garage and a private driveway with space for more than five vehicles. Additional basement area serves storage or utility needs. The property is zoned R3-1.
Key Highlights
- Two‑family layout: three‑bedroom main residence and one‑bedroom lower‑level unit
- 2,600 square feet on a 0.0771‑acre lot measuring 32 by 105 feet
- Separate utilities, heating, and hot water systems for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,914
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,280
$1.4M
Cap Rate 7%
$1,013,057
$1.0M
Cap Rate 9%
$787,933
$787.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$106.1K $40.80/SF
− Vacancy
−$4.8K −$1.84/SF
EGI
$101.3K $38.96/SF
− OpEx
−$30.4K −$11.69/SF
NOI
$70.9K $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%
$1,418,280
Cap Rate 7%
$1,013,057
Cap Rate 9%
$787,933
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$886.4K – $1.18M
NOI $70,914 @ 7.0% cap · market cap 8.10%
Second Best
Apartment 5plus
$939.4K
$822.0K – $1.10M
NOI $65,757 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 9.92%
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
Highway access
Location Intelligence
Trade Area within ½ mile
968
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
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 - Two residences provide a three-bedroom main unit and a separate one-bedroom lower-level apartment.
Where is this duplex located?
The property is located at 128 Fahy Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑family layout: three‑bedroom main residence and one‑bedroom lower‑level unit; 2,600 square feet on a 0.0771‑acre lot measuring 32 by 105 feet; Separate utilities, heating, and hot water systems for each unit
