Newly Built Two-Family
For Sale
$1,475,000
115 Yetman Ave, Staten Island, NY 10307
Two three-bedroom units feature modern eat-in kitchens, en-suite baths, private decks, and separate electric meters.
Property Size2,250 SF
Price / SF$655.56
Days on Market176
Property Features for 115 Yetman Ave
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Multi-Family
Units
Unit Mix
3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
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 15
Changed: Nov 1
Last Checked: Nov 4 at 2:29PM
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 Toscana Property LLC
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Investment Insights
Based on property information with market context.
Completed in 2022, this detached two-family residence contains two three-bedroom units with modern interiors and abundant natural light. Each unit includes an eat-in kitchen, open living and dining space, two bathrooms, and a primary bedroom with a private en-suite bath. Sliding doors provide access to a private deck from each unit.
The upper residence includes attic storage access and connects to a fully finished basement. Basement improvements include natural light, a separate backyard entrance, a three-quarter bathroom, laundry and utility rooms, and additional living space. Both units are equipped with washer and dryer hookups and separate electric meters.
The property is located at 115 Yetman Avenue in Staten Island, near shopping, schools, and public transportation. It is zoned R3A.
The upper residence includes attic storage access and connects to a fully finished basement. Basement improvements include natural light, a separate backyard entrance, a three-quarter bathroom, laundry and utility rooms, and additional living space. Both units are equipped with washer and dryer hookups and separate electric meters.
The property is located at 115 Yetman Avenue in Staten Island, near shopping, schools, and public transportation. It is zoned R3A.
Key Highlights
- Two three‑bedroom units, each with two bathrooms and a primary en‑suite bath
- Detached two‑family property completed in 2022
- Private deck access from both units, with a backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,953
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,060
$1.1M
Cap Rate 7%
$799,329
$799.3K
Cap Rate 9%
$621,700
$621.7K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$83.7K $37.20/SF
− Vacancy
−$3.8K −$1.67/SF
EGI
$79.9K $35.53/SF
− OpEx
−$24.0K −$10.66/SF
NOI
$56.0K $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%
$1,119,060
Cap Rate 7%
$799,329
Cap Rate 9%
$621,700
Alternative Uses
Best Use
Multifamily LT 5
$799.3K
$699.4K – $932.6K
NOI $55,953 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$712.8K
$623.7K – $831.6K
NOI $49,896 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,151 @ 7.0% cap · market cap 5.09%
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 three-bedroom units feature modern eat-in kitchens, en-suite baths, private decks, and separate electric meters.
Where is this duplex located?
The property is located at 115 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: Two three‑bedroom units, each with two bathrooms and a primary en‑suite bath; Detached two‑family property completed in 2022; Private deck access from both units, with a backyard
