Duplex with Separate
New
For Sale
$899,999
88 Santa Monica Lane, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size1,492 SF
Lot Size0.05 Acres
Price / SF$603.22
Days on Market6
Property Features for 88 Santa Monica Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Ceiling Fan(s)
Basement
Apartment, Partial
Lot features
Back Yard
Subdivision
Princes Bay
Standard status
Active
APN
06979-0302
Size
1,492 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7712
HOA Fee
$136 Annually
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
custom kitchen
hardwood floors
gas fireplace
pool
clubhouse
tennis courts
Building Details
Year built
2005
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
J Milo Real Estate
(718) 872-9300
Listed By:
Rita Rafano · License #40MU1122120
(718) 619-6340
Added: Sep 30
Changed: Oct 5
Last Checked: Oct 5 at 6:06PM
MLS# 2605533
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.
Built in 2005, this 1,492-square-foot duplex pairs a three-bedroom, two-and-a-half-bathroom main residence with a separate one-bedroom rental. The home has a custom kitchen, hardwood flooring, a gas fireplace, central air, and a deck. Vinyl siding and a driveway are also part of the property, which sits on a 0.0528-acre lot and is zoned R3-1.
The residence is within the Maguire Woods community, where amenities include a pool, clubhouse, and tennis courts. Bloomingdale Park is a short walk away, and shopping and transportation are accessible in the surrounding area.
The residence is within the Maguire Woods community, where amenities include a pool, clubhouse, and tennis courts. Bloomingdale Park is a short walk away, and shopping and transportation are accessible in the surrounding area.
Key Highlights
- Two‑family layout with a separate one‑bedroom rental
- Main residence includes three bedrooms and two‑and‑a‑half bathrooms
- 1,492 square feet on a 0.0528‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,103
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,060
$742.1K
Cap Rate 7%
$530,043
$530.0K
Cap Rate 9%
$412,256
$412.3K
Market Conditions
NOI Build-Up for 1,492 SF
Gross rent
$55.5K $37.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$53.0K $35.53/SF
− OpEx
−$15.9K −$10.66/SF
NOI
$37.1K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,060
Cap Rate 7%
$530,043
Cap Rate 9%
$412,256
Alternative Uses
Best Use
Multifamily LT 5
$530.0K
$463.8K – $618.4K
NOI $37,103 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$472.7K
$413.6K – $551.5K
NOI $33,087 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$711.9K
$622.9K – $830.6K
NOI $49,833 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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 - The primary home offers three bedrooms and two-and-a-half bathrooms, complemented by an independent one-bedroom rental.
Where is this duplex located?
The property is located at 88 Santa Monica Lane 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: Two‑family layout with a separate one‑bedroom rental; Main residence includes three bedrooms and two‑and‑a‑half bathrooms; 1,492 square feet on a 0.0528‑acre lot
