Newly Built Two-Family
New
For Sale
Contact for pricing
115 Yetman Avenue, 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 Market6
Property Features for 115 Yetman Avenue
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Multifamily
Zoning
R3A
Units
Unit Mix
3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
2022
Buildings
1
Stories
2
Units
2
Listing Agency:
Toscana Property LLC
Listed By:
Kinderlyn Romhin · License #10401395664
Source:
Crexi
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 5 at 10:46AM
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
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 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 | $83.7k | $37.20 |
| − Vacancy | −$3.8k | −$1.67 |
| EGI | $79.9k | $35.53 |
| − OpEx | −$24.0k | −$10.66 |
| NOI | $56.0k | $24.87 |
2,250 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
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.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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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 Avenue 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
