Two-Family Side Hall
411 Yetman Avenue Staten Island, NY 10307
For Sale
$1,299,999
New construction two-family home with a ground-floor studio apartment and separate entrance.
Property Size2,880 SF
Price / SF$451.39
Days on Market483
Property Features for 411 Yetman Avenue
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1945
Listing Agency:
RE/MAX Elite
(718) 514-1639
Listed By:
John Sprague · License #10401313550
(718) 514-1639
Source:
Compass
Added: Mar 31, 2025
Changed: Jul 20
Last Checked: Jul 21 at 7:03AM
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 RE/MAX Elite
Investment Insights
Based on property information with market context.
New construction two-family side hall Colonial offering a total living layout designed for comfort and privacy. The main floor features 9-foot ceilings and hardwood floors throughout, with a custom kitchen that includes 30-inch and 36-inch cabinetry, quartz countertops, a large stainless steel sink, and designer tile. Crown molding runs through the dining and living areas, and the home includes a prominent staircase leading to the second floor with custom railings and balusters.
On the second floor, there are four bedrooms with hardwood floors and crown molding, including a primary suite with a private bath. Laundry is conveniently located on the second floor. The ground-floor studio apartment has a separate entrance and its own utilities.
Construction is scheduled for spring 2026 delivery.
On the second floor, there are four bedrooms with hardwood floors and crown molding, including a primary suite with a private bath. Laundry is conveniently located on the second floor. The ground-floor studio apartment has a separate entrance and its own utilities.
Construction is scheduled for spring 2026 delivery.
Key Highlights
- Two‑family side‑hall colonial with over 2,800 sq ft of living space, featuring 4 bedrooms and 4 baths in the main home
- Ground‑floor studio apartment with separate entrance and its own utilities
- 9‑foot ceilings on the main floor with hardwood floors and crown molding throughout
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 | $107.1k | $37.20 |
| − Vacancy | −$4.8k | −$1.67 |
| EGI | $102.3k | $35.53 |
| − OpEx | −$30.7k | −$10.66 |
| NOI | $71.6k | $24.87 |
2,880 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$895.3K – $1.19M
NOI $71,620 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$912.4K
$798.3K – $1.06M
NOI $63,867 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,193 @ 7.0% cap · market cap 7.40%
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 - New construction two-family home with a ground-floor studio apartment and separate entrance.
Where is this duplex located?
The property is located at 411 Yetman Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Two‑family side‑hall colonial with over 2,800 sq ft of living space, featuring 4 bedrooms and 4 baths in the main home; Ground‑floor studio apartment with separate entrance and its own utilities; 9‑foot ceilings on the main floor with hardwood floors and crown molding throughout
