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Two-Family Semi-Attached Duplex
For Sale
$975,000
Pending

115 Santa Monica Ln, Staten Island, NY 10309

Built in 2017 with access to an HOA clubhouse and community amenities.

Property Size1,831 SF
Days on Market39

Property Features for 115 Santa Monica Ln

General Information

Standard status Pending
Size 1,831 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

clubhouse

Building Details

Year Built 2017
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Huan Kuei Lo · License #10401313713
Source: Statenislandhomelistings
Added: Sep 2 Changed: Oct 1 Last Checked: Oct 9 at 7:47PM

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 Homes R Us Realty of NY, Inc.

Investment Insights

Based on property information with market context.

This two-family semi-attached duplex at 115 Santa Monica Ln offers a flexible residential configuration for extended-family living or owner-occupancy. The property was built in 2017 and provides two separate household arrangements within an established community setting.

Residents have access to HOA amenities, including a clubhouse. The Staten Island property is positioned near shopping, dining, transportation, schools, and major roadways, supporting convenient access to everyday services and regional travel.

Key Highlights

  • Two‑family semi‑attached home
  • Built in 2017
  • HOA amenities include clubhouse access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,534
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,680 $910.7K
Cap Rate 7%
$650,486 $650.5K
Cap Rate 9%
$505,933 $505.9K
Market Conditions
NOI Build-Up for 1,831 SF
Gross rent
$68.1K $37.20/SF
− Vacancy
−$3.1K −$1.67/SF
EGI
$65.0K $35.53/SF
− OpEx
−$19.5K −$10.66/SF
NOI
$45.5K $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%
$910,680
Cap Rate 7%
$650,486
Cap Rate 9%
$505,933

Alternative Uses

Best Use
Multifamily LT 5
$650.5K
$569.2K – $758.9K (±1% cap)
NOI $45,534 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$580.1K
$507.6K – $676.7K (±1% cap)
NOI $40,604 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$873.7K
$764.5K – $1.02M (±1% cap)
NOI $61,156 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 10309, NY

33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Built in 2017 with access to an HOA clubhouse and community amenities.
Where is this duplex located?
The property is located at 115 Santa Monica Ln Staten Island, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑family semi‑attached home; Built in 2017; HOA amenities include clubhouse access
More about this property
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