Duplex with Private Deck and
11 Lyman Avenue Staten Island, NY 10305
For Sale
Contact for pricing
Pending
Two-family corner property with hardwood floors, a separate rental unit, private deck, yard, pool, and wood-burning fireplace.
Property Size2,012 SF
Days on Market199
Property Features for 11 Lyman Avenue
General Information
- Standard status
- Pending
- Size
- 2,012 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Sandra Cascio · License #40CA0998499
Source:
Crexi
Added: Jan 8
Changed: Jul 23
Last Checked: Jul 26 at 4:09PM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
Well-maintained two-family duplex at 11 Lyman Avenue in Staten Island offers a main residence with three spacious bedrooms and hardwood floors. Sliding doors lead to a very private deck, yard, and pool, and residents can enjoy a cozy wood-burning fireplace in the large living room area.
A separate rental unit provides 1 to 2 bedrooms, and the layout can also support flexibility where the first room becomes part of the main unit as a family room. The home sits on a desirable corner lot, steps from two parks and a baseball field, with abundant natural light throughout and a higher placement of the yard for comfortable outdoor use.
Mechanical updates include a furnace and hot water tank that are approximately four years old. There is also a Sunrun contract with 12 years remaining, reported as transferable with current monthly payments of $164.
A separate rental unit provides 1 to 2 bedrooms, and the layout can also support flexibility where the first room becomes part of the main unit as a family room. The home sits on a desirable corner lot, steps from two parks and a baseball field, with abundant natural light throughout and a higher placement of the yard for comfortable outdoor use.
Mechanical updates include a furnace and hot water tank that are approximately four years old. There is also a Sunrun contract with 12 years remaining, reported as transferable with current monthly payments of $164.
Key Highlights
- 1965‑built 2‑family corner property with main residence and separate rental unit
- Main residence has 3 bedrooms with hardwood floors and a large living area featuring a wood‑burning fireplace
- Private deck, yard, and pool off the main residence via sliding doors
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 | $82.1k | $40.80 |
| − Vacancy | −$6.6k | −$3.29 |
| EGI | $75.5k | $37.51 |
| − OpEx | −$22.6k | −$11.25 |
| NOI | $52.8k | $26.26 |
2,012 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$754.6K
$660.3K – $880.4K
NOI $52,825 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$694.3K
$607.5K – $810.0K
NOI $48,602 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$960.0K
$840.0K – $1.12M
NOI $67,201 @ 7.0% cap · market cap 5.84%
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 - Two-family corner property with hardwood floors, a separate rental unit, private deck, yard, pool, and wood-burning fireplace.
Where is this duplex located?
The property is located at 11 Lyman Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 1965‑built 2‑family corner property with main residence and separate rental unit; Main residence has 3 bedrooms with hardwood floors and a large living area featuring a wood‑burning fireplace; Private deck, yard, and pool off the main residence via sliding doors
