Legal Two-Family Home with
975 Lamont Avenue Staten Island, NY 10309
975 Lamont Avenue, Staten Island, NY, 10309
$1,279,900
For Sale
$1,279,900
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,650 SF
Lot Size0.09 Acres
Price / SF$482.98
Days on Market13
Property Features for 975 Lamont Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3X
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking features
- Carport
- Patio and Porch features
- Deck, Patio
- Interior features
- Walk-In Closet(s)
- Exterior features
- Balcony
- Basement
- Apartment, Finished, Full
- Standard status
- Active
- Size
- 2,650 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10836
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2005
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
- Architectural style
- Colonial
Listing Agency
Homes R Us Realty of NY, Inc.
(718) 668-2550
111 Fingerboard Road, Staten Island, NY
Listed by
Gennady Gary Papirov
(917) 856-2012
Added: Jul 7 Checked: Jul 19 at 4:06 pm
MLS# 2603809
Listing URL
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 beautifully maintained legal two-family home offers spacious living with a main residence plus a studio apartment. The property includes four bedrooms and four bathrooms, along with a full finished basement featuring a sauna. Interior features include a custom chef’s kitchen with two sinks, quartz countertops, top-of-the-line appliances, and radiant heated floors that extend into the adjoining family room. The family room has a fireplace and new Andersen sliding doors that open to the backyard. Gleaming hardwood floors, recessed lighting, and a primary suite with a custom walk-in closet, motorized blinds, and a private four-piece bath add to the home’s comfort and functionality.
Set on a 0.09-acre lot, the home includes a one-car garage and extensive outdoor improvements. Pavers are installed in the front, side, and backyard, and the private outdoor space includes a gazebo. The property also features fully paid-off solar panels and three-zone central air, supporting energy-conscious living. It is located near Bloomingdale Park, with access to schools, shopping, restaurants, and express transportation to Brooklyn and NYC.
For buyers seeking a residential income property with a complete finished basement and an additional studio apartment, this home provides two distinct living setups within a single structure. The main home’s multiple features and direct backyard access make it practical for everyday use, while the separate studio unit can support flexible occupancy needs.
Set on a 0.09-acre lot, the home includes a one-car garage and extensive outdoor improvements. Pavers are installed in the front, side, and backyard, and the private outdoor space includes a gazebo. The property also features fully paid-off solar panels and three-zone central air, supporting energy-conscious living. It is located near Bloomingdale Park, with access to schools, shopping, restaurants, and express transportation to Brooklyn and NYC.
For buyers seeking a residential income property with a complete finished basement and an additional studio apartment, this home provides two distinct living setups within a single structure. The main home’s multiple features and direct backyard access make it practical for everyday use, while the separate studio unit can support flexible occupancy needs.
Key Highlights
- Legal 2‑family home built in 2005 with 4 bedrooms and 4 bathrooms, plus a studio apartment
- Full finished basement includes a sauna
- Custom chef’s kitchen with two sinks, quartz countertops, and radiant heated floors extending into the adjoining family room
Local 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 | $98.6k | $37.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $94.1k | $35.53 |
| − OpEx | −$28.2k | −$10.66 |
| NOI | $65.9k | $24.87 |
2,650 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$941.4K
$823.8K – $1.10M
NOI $65,901 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$839.5K
$734.6K – $979.4K
NOI $58,766 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M
NOI $88,511 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained legal two-family residence with finished basement sauna, studio unit, and a private backyard for year-round use.
Where is this duplex located?
The property is located at 975 Lamont Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,279,900.
What are key features of this property?
This property features: Legal 2‑family home built in 2005 with 4 bedrooms and 4 bathrooms, plus a studio apartment; Full finished basement includes a sauna; Custom chef’s kitchen with two sinks, quartz countertops, and radiant heated floors extending into the adjoining family room
