Luxury Two-Family Detached
18 Monahan Avenue Staten Island, NY 10314
For Sale
Contact for pricing
Two-family detached home with finished basement, attached garage, and private backyard pool and gazebo.
Property Size3,560 SF
Price / SF$437.92
Days on Market82
Property Features for 18 Monahan Avenue
General Information
- Standard status
- Active
- Size
- 3,560 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2006
Listing Agency:
REMAX EDGE
Listed By:
Xiao Zhu · License #New York
Source:
Crexi
Added: May 6
Changed: Jul 23
Last Checked: Jul 24 at 7:30AM
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 REMAX EDGE
Investment Insights
Based on property information with market context.
This all-brick, detached two-family home offers a full main residence across Levels 1–3 plus the basement, along with a separate second unit. The main level features a formal living room with a fireplace, dining room, and family room, plus a brand-new custom eat-in kitchen with quartz countertops, solid wood cabinets, and a center island. The primary suite includes his-and-her walk-in closets and an ensuite bath with a Jacuzzi tub and separate shower, complemented by three additional bedrooms and a full bath. Hardwood floors, fresh paint, custom railings, and crown moldings are throughout, and the finished basement includes 10-ft ceilings, a rec room, laundry, and utility area. A private backyard provides direct access from the attached garage and includes brand-new decks and railings, a wrap-around pool, and a gazebo.
The second unit has its own private side entrance and includes an open kitchen, tile floors, one bedroom, and one full bath. The property also includes 3-zone heating and 2-zone central air, with dual heating systems and hot water tanks, and custom faux wood shutters on all windows. Pavers have been installed in the front, side, and backyard.
The home is positioned in a sought-after Staten Island area, described as being just minutes from Staten Island Mall, along with shopping, dining, fitness centers, parks, and golf.
The second unit has its own private side entrance and includes an open kitchen, tile floors, one bedroom, and one full bath. The property also includes 3-zone heating and 2-zone central air, with dual heating systems and hot water tanks, and custom faux wood shutters on all windows. Pavers have been installed in the front, side, and backyard.
The home is positioned in a sought-after Staten Island area, described as being just minutes from Staten Island Mall, along with shopping, dining, fitness centers, parks, and golf.
Key Highlights
- Two‑family detached home built in 2006 with finished basement, attached garage, and private backyard pool and gazebo
- Main residence (Levels 1–3 plus basement) includes formal living room with fireplace, dining room, family room, and brand‑new custom eat‑in kitchen
- Custom kitchen features quartz countertops, solid wood cabinets, and center island; home includes hardwood floors, fresh paint, custom railings, and crown moldings
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 | $145.2k | $40.80 |
| − Vacancy | −$6.5k | −$1.84 |
| EGI | $138.7k | $38.96 |
| − OpEx | −$41.6k | −$11.69 |
| NOI | $97.1k | $27.27 |
3,560 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.21M – $1.62M
NOI $97,098 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.50M
NOI $90,037 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,905 @ 7.0% cap · market cap 7.63%
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 - Two-family detached home with finished basement, attached garage, and private backyard pool and gazebo.
Where is this duplex located?
The property is located at 18 Monahan Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,559,000.
What are key features of this property?
This property features: Two‑family detached home built in 2006 with finished basement, attached garage, and private backyard pool and gazebo; Main residence (Levels 1–3 plus basement) includes formal living room with fireplace, dining room, family room, and brand‑new custom eat‑in kitchen; Custom kitchen features quartz countertops, solid wood cabinets, and center island; home includes hardwood floors, fresh paint, custom railings, and crown moldings
