Two-Family Home with Solar
108 Fahy Avenue Staten Island, NY 10314
For Sale
Contact for pricing
Smart two-family residence with two units, deck access from the first unit, and an above-ground pool.
Property Size2,754 SF
Price / SF$326.07
Days on Market122
Property Features for 108 Fahy Avenue
General Information
- Standard status
- Active
- Size
- 2,754 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1987
Listing Agency:
Real Broker NY LLC
Listed By:
Justyna Wasilewski · License #NY
Source:
Crexi
Added: Mar 27
Changed: Jul 21
Last Checked: Jul 24 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker NY LLC
Investment Insights
Based on property information with market context.
Beautifully maintained smart two-family home with flexible living arrangements and modern updates. The first unit offers a spacious layout with 3 bedrooms (currently configured as a 2-bedroom with an oversized suite), 1.5 bathrooms, and a coffee station. The kitchen opens to sliding glass doors leading to a deck, creating indoor-outdoor living. The property also features an above-ground pool for summer relaxation.
The second unit is a fully renovated 1-bedroom apartment with a bright and inviting living room and a modern bathroom. Solar panels are included, adding energy-efficient features to the overall setup.
Located in Staten Island near major highways, the home is positioned for convenient commuting while maintaining separate, self-contained living spaces suited to rental income, extended family, or guest accommodations.
The second unit is a fully renovated 1-bedroom apartment with a bright and inviting living room and a modern bathroom. Solar panels are included, adding energy-efficient features to the overall setup.
Located in Staten Island near major highways, the home is positioned for convenient commuting while maintaining separate, self-contained living spaces suited to rental income, extended family, or guest accommodations.
Key Highlights
- Two‑family home built in 1987 with a smart home setup and energy‑efficient solar panels
- First unit: 2–3 bedroom flexible layout with 1.5 bathrooms and a coffee station
- First unit includes sliding glass doors to a deck for indoor‑outdoor living
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 | $112.4k | $40.80 |
| − Vacancy | −$5.1k | −$1.84 |
| EGI | $107.3k | $38.96 |
| − OpEx | −$32.2k | −$11.69 |
| NOI | $75.1k | $27.27 |
2,754 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$938.9K – $1.25M
NOI $75,115 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$995.0K
$870.7K – $1.16M
NOI $69,652 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,984 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Smart two-family residence with two units, deck access from the first unit, and an above-ground pool.
Where is this duplex located?
The property is located at 108 Fahy Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Two‑family home built in 1987 with a smart home setup and energy‑efficient solar panels; First unit: 2–3 bedroom flexible layout with 1.5 bathrooms and a coffee station; First unit includes sliding glass doors to a deck for indoor‑outdoor living
