Detached Two-Family
For Sale
$1,388,880
29 Summit Pl, Staten Island, NY 10312
Fully detached two-family built in 2014 featuring separate entrances, hardwood floors, and a finished basement with a 3/4 bath.
Days on Market10
Property Features for 29 Summit Pl
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Building Size
2,400 SF
Listing Agency:
ProBase Real Estate
(646) 881-6225
Listed By:
MeiLan Yew · License #10401385530
(646) 881-6225
Source:
Elliman
Added: Jul 24
Changed: Jul 26
Last Checked: Aug 1 at 4:24AM
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 ProBase Real Estate
Investment Insights
Based on property information with market context.
This fully detached two-family house was built in 2014 and features a 6 over 6 layout with three bedrooms and two bathrooms on each floor. The home includes 9-foot ceilings and hardwood floors throughout, along with new washer, dryer, and refrigerator. A huge finished basement adds additional flexibility, with a fully tiled floor, a 3/4 bathroom, and front and rear separate entrances.
The property sits on a quiet, desirable neighborhood and includes a fully paved backyard for low-maintenance outdoor use. Parking is supported by a detached garage with an approximately 32-foot wide driveway extending nearly 100 feet in length.
Recent improvements include a roof with gutter guards, a redirected drainage system toward the street, two sump pumps, and sound-insulated flooring installed on the second floor, plus front and rear awnings added.
The property sits on a quiet, desirable neighborhood and includes a fully paved backyard for low-maintenance outdoor use. Parking is supported by a detached garage with an approximately 32-foot wide driveway extending nearly 100 feet in length.
Recent improvements include a roof with gutter guards, a redirected drainage system toward the street, two sump pumps, and sound-insulated flooring installed on the second floor, plus front and rear awnings added.
Key Highlights
- Fully detached 2‑family house built in 2014 with 6 over 6 layout; each floor has 3 bedrooms and 2 bathrooms
- 9 ft ceilings and hardwood floors throughout, plus 2 walk‑in closets per floor
- Huge finished basement with fully tiled floor, 3/4 bathroom, and front and rear separate entrances
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 | $92.2k | $38.40 |
| − Vacancy | −$7.4k | −$3.10 |
| EGI | $84.7k | $35.30 |
| − OpEx | −$25.4k | −$10.59 |
| NOI | $59.3k | $24.71 |
2,400 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$847.2K
$741.3K – $988.4K
NOI $59,306 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$745.4K
$652.2K – $869.6K
NOI $52,177 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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 - Fully detached two-family built in 2014 featuring separate entrances, hardwood floors, and a finished basement with a 3/4 bath.
Where is this duplex located?
The property is located at 29 Summit Pl Staten Island, NY.
What is the asking price?
The asking price for this property is $1,388,880.
What are key features of this property?
This property features: Fully detached 2‑family house built in 2014 with 6 over 6 layout; each floor has 3 bedrooms and 2 bathrooms; 9 ft ceilings and hardwood floors throughout, plus 2 walk‑in closets per floor; Huge finished basement with fully tiled floor, 3/4 bathroom, and front and rear separate entrances
