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Two-Family Duplex with Finished Basement
For Sale
$1,799,000

451 Yetman Avenue, Staten Island, NY 10307

MULTI_FAMILY - Staten Island, NY

Property Size5,060 SF
Lot Size0.23 Acres
Price / SF$355.53
Days on Market92

Property Features for 451 Yetman Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3-x
Bedrooms 7
Bathrooms 6
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 6, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bathroom 4, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 1
Parking features Garage
Interior features Central Air, Dishwasher, Laundry Area, Refrigerator
Basement Finished, Full
Subdivision Tottenville
Standard status Active
Size 5,060 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 16522

Amenities

finished basement
central air
jacuzzi tub
laundry area

Building Details

Year built 1975
Floors in Building 2
Number of units 2
Flooring type Hardwood, Tile
Building materials Brick
Listing Agency: Momentum Real Estate LLC
Listed By: Kevin Lam · License #KL3175
Added: May 3 Changed: Jul 30 Last Checked: Aug 2 at 1:06AM
MLS# 500791

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 two-family duplex on a 100' x 100' lot offers two separate living units plus a finished basement. The main unit features a spacious foyer flowing into a dining room, living room, and kitchen with convenient side access, along with a bedroom on the first level. The first level also includes both a 3/4 bathroom and a half bath. The upper level has four bedrooms and two bathrooms, including a primary bedroom with a private full bathroom featuring a jacuzzi tub.

The second unit provides 2 bedrooms and 1 full bathroom. A finished basement adds additional 3/4 bathroom space and a dedicated laundry area. Exterior and major systems updates include a new roof, two separate boilers, and 2-zone forced air with central air.

Built in 1975 with brick construction, the property includes a garage and interior features such as dishwasher, refrigerator, hardwood and tile flooring, and a laundry area. The lot totals 0.2296 acres and the property size is 5,060 square feet.

Key Highlights

  • Two‑family duplex on a 100' x 100' lot
  • Main unit: first‑level bedroom plus upper‑level 4 bedrooms
  • Second unit: 2 bedrooms and 1 full bathroom

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $188.2k $37.20
− Vacancy −$8.5k −$1.67
EGI $179.8k $35.53
− OpEx −$53.9k −$10.66
NOI $125.8k $24.87
5,060 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,833 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,211 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$2.41M
$2.11M – $2.82M (±1% cap)
NOI $169,005 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Spa & Massage Center Daycare Center Acupuncture

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

Demographics for 10307, NY

14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 - Two-family duplex on a 100' x 100' lot with a finished basement, laundry area, and central air systems.
Where is this duplex located?
The property is located at 451 Yetman Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Two‑family duplex on a 100' x 100' lot; Main unit: first‑level bedroom plus upper‑level 4 bedrooms; Second unit: 2 bedrooms and 1 full bathroom
More about this property
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