Two-Family Semi with Oversized
11 Taunton Street Staten Island, NY 10306
For Sale
Contact for pricing
Pending
Two 3-bedroom apartments with separate utilities, updated interiors, and built-in garage space on a large irregular lot.
Property Size2,056 SF
Days on Market61
Property Features for 11 Taunton Street
General Information
- Standard status
- Pending
- Size
- 2,056 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
Gateway Arms Realty Corp.
Listed By:
Laura Volsario · License #10301213299
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 24 at 3:29PM
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 Gateway Arms Realty Corp.
Investment Insights
Based on property information with market context.
This two-family semi features a 6 over 6 layout with two identical, 3-bedroom apartment units. Each unit includes a living room with a large side balcony, a dining area, an eat-in kitchen, and a full bath. The property has separate utilities for the two apartments, and a partial basement that supports shared building functions such as laundry, storage, and utilities, along with two separate storage closets for each unit. Recent improvements include new vinyl siding, new appliances, and updated kitchens and baths.
The home includes a built-in, oversized 1.5-car garage, and the basement also provides access to a built-in, rear-facing 1-2 car garage with high ceilings. A side driveway leads to an oversized yard on a large, irregular-shaped lot. The outdoor area offers flexibility for a variety of personal uses.
Well-suited for buyers seeking a straightforward owner-occupied option or an income-producing property, the consistent unit layouts simplify leasing and day-to-day management. With separate utilities, updated finishes, and substantial garage and yard space, the property supports a comfortable residential setup while providing room for future customization. The home is also described as being close to train, buses, shopping, restaurants, and schools in the Bay Terrace area.
The home includes a built-in, oversized 1.5-car garage, and the basement also provides access to a built-in, rear-facing 1-2 car garage with high ceilings. A side driveway leads to an oversized yard on a large, irregular-shaped lot. The outdoor area offers flexibility for a variety of personal uses.
Well-suited for buyers seeking a straightforward owner-occupied option or an income-producing property, the consistent unit layouts simplify leasing and day-to-day management. With separate utilities, updated finishes, and substantial garage and yard space, the property supports a comfortable residential setup while providing room for future customization. The home is also described as being close to train, buses, shopping, restaurants, and schools in the Bay Terrace area.
Key Highlights
- Two‑family semi with two 3‑bedroom apartments (6 over 6) and an oversized 1.5‑car built‑in garage
- Identical unit layouts with living room, large side balcony, dining area, eat‑in kitchen, full bath, and 3 bedrooms
- Separate utilities for each apartment
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 | $79.0k | $38.40 |
| − Vacancy | −$4.3k | −$2.11 |
| EGI | $74.6k | $36.29 |
| − OpEx | −$22.4k | −$10.89 |
| NOI | $52.2k | $25.40 |
2,056 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$746.1K
$652.8K – $870.4K
NOI $52,226 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$663.0K
$580.1K – $773.5K
NOI $46,408 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$981.0K
$858.4K – $1.14M
NOI $68,671 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two 3-bedroom apartments with separate utilities, updated interiors, and built-in garage space on a large irregular lot.
Where is this duplex located?
The property is located at 11 Taunton Street Staten Island, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family semi with two 3‑bedroom apartments (6 over 6) and an oversized 1.5‑car built‑in garage; Identical unit layouts with living room, large side balcony, dining area, eat‑in kitchen, full bath, and 3 bedrooms; Separate utilities for each apartment
