Three-Story Two-Family
For Sale
$975,000
117 Santa Monica Ln, Staten Island, NY 10309
Two-family, ground-level entry duplex with two gas and two electric meters, vacant and ready for occupancy.
Property Size2,700 SF
Price / SF$361.11
Days on Market30
Property Features for 117 Santa Monica Ln
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
clubhouse
inground pool
snow removal
lamp post
pickle ball court
paving street
Building Details
Year Built
2017
Stories
3
Listing Agency:
ROBERT DEFALCO REALTY , INC.
(718) 987-7900
Listed By:
Ann Grande · License #40GR1025086
(718) 987-7900
Source:
Elliman
Added: Jul 8
Changed: Jul 23
Last Checked: Aug 5 at 11:23AM
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 ROBERT DEFALCO REALTY , INC.
Investment Insights
Based on property information with market context.
This three-story, two-family residence is described as having ground-level access with no steps due to the property grade. The home is set up with two gas meters and two electric meters and is noted as vacant and ready. Interior features mentioned include hardwood floors throughout, central air, and 3-zone heat.
The first level is described with a living room, dining room, family room with a gas fireplace, a half bath, and an eat-in kitchen with stainless steel appliances, plus a sliding door to the yard. The second level includes a master bedroom suite with a private full bathroom, two additional bedrooms, a full bath, and a laundry closet with a washer and dryer.
Additional details provided include a security system, a driveway accommodating two-plus cars, and a property described as approximately 107 feet deep. The home is associated with an HOA, with fees noted to include items such as a clubhouse, inground pool, snow removal, lamp post, and pickleball court, along with paving street.
The first level is described with a living room, dining room, family room with a gas fireplace, a half bath, and an eat-in kitchen with stainless steel appliances, plus a sliding door to the yard. The second level includes a master bedroom suite with a private full bathroom, two additional bedrooms, a full bath, and a laundry closet with a washer and dryer.
Additional details provided include a security system, a driveway accommodating two-plus cars, and a property described as approximately 107 feet deep. The home is associated with an HOA, with fees noted to include items such as a clubhouse, inground pool, snow removal, lamp post, and pickleball court, along with paving street.
Key Highlights
- 2017‑built two‑family duplex with ground‑level entry (no steps) and vacant rental ready for occupancy
- 2 gas meters and 2 electric meters
- Approximately 2,700 SF of living space in a quiet cul‑de‑sac within the “Maguire Woods” community
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 | $100.4k | $37.20 |
| − Vacancy | −$4.5k | −$1.67 |
| EGI | $95.9k | $35.53 |
| − OpEx | −$28.8k | −$10.66 |
| NOI | $67.1k | $24.87 |
2,700 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$959.2K
$839.3K – $1.12M
NOI $67,144 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$855.4K
$748.4K – $997.9K
NOI $59,875 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,181 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
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
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-family, ground-level entry duplex with two gas and two electric meters, vacant and ready for occupancy.
Where is this duplex located?
The property is located at 117 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: 2017‑built two‑family duplex with ground‑level entry (no steps) and vacant rental ready for occupancy; 2 gas meters and 2 electric meters; Approximately 2,700 SF of living space in a quiet cul‑de‑sac within the “Maguire Woods” community
