Newly Built Two-Family
For Sale
$1,475,000
109 Yetman Ave, Staten Island, NY 10307
Two residential units provide private outdoor areas, finished bonus space, and separate electric metering.
Property Size2,455 SF
Price / SF$600.81
Days on Market174
Property Features for 109 Yetman Ave
General Information
Standard status
Active
Size
2,455 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$91,200
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
2022
Buildings
1
Listing Agency:
Toscana Property LLC
Listed By:
Kinderlyn Romhin · License #10401395664
(347) 751-7604
Source:
Statenislandhomelistings
Added: May 17
Changed: Nov 1
Last Checked: Nov 4 at 2:19PM
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 Toscana Property LLC
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Investment Insights
Based on property information with market context.
Completed in 2022, this detached two-family duplex contains approximately 2,455 square feet and offers two three-bedroom residences. Each unit includes an open living and dining arrangement, an eat-in kitchen, two full bathrooms, a primary bedroom with en-suite bath, and washer and dryer hookups. Separate electric meters support independent utility responsibility for each household.
The first-floor residence adds a private deck, backyard access, and a finished basement with its own entrance, three-quarter bathroom, laundry room, utility room, and additional living area. Upstairs, the second unit includes a private deck and access to a finished attic for added storage or flexible use. The property is zoned R3A and is situated near shopping, schools, and public transportation.
The first-floor residence adds a private deck, backyard access, and a finished basement with its own entrance, three-quarter bathroom, laundry room, utility room, and additional living area. Upstairs, the second unit includes a private deck and access to a finished attic for added storage or flexible use. The property is zoned R3A and is situated near shopping, schools, and public transportation.
Key Highlights
- Detached two‑family duplex completed in 2022
- Approximately 2,455 square feet with two three‑bedroom units
- Each residence includes two full bathrooms and a primary en‑suite bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,051
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,221,020
$1.2M
Cap Rate 7%
$872,157
$872.2K
Cap Rate 9%
$678,344
$678.3K
Market Conditions
NOI Build-Up for 2,455 SF
Gross rent
$91.3K $37.20/SF
− Vacancy
−$4.1K −$1.67/SF
EGI
$87.2K $35.53/SF
− OpEx
−$26.2K −$10.66/SF
NOI
$61.1K $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%
$1,221,020
Cap Rate 7%
$872,157
Cap Rate 9%
$678,344
Alternative Uses
Best Use
Multifamily LT 5
$872.2K
$763.1K – $1.02M
NOI $61,051 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$777.7K
$680.5K – $907.4K
NOI $54,442 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.17M
$1.02M – $1.37M
NOI $81,998 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide private outdoor areas, finished bonus space, and separate electric metering.
Where is this duplex located?
The property is located at 109 Yetman Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Detached two‑family duplex completed in 2022; Approximately 2,455 square feet with two three‑bedroom units; Each residence includes two full bathrooms and a primary en‑suite bath
