Legal Two-Family Semi-Attached
20 Meadow Lane Staten Island, NY 10306
For Sale
$817,980
Move-in ready legal two-family semi-attached home with updated bathrooms, central HVAC, and attached garage parking.
Property Size2,142 SF
Price / SF$381.88
Days on Market303
Property Features for 20 Meadow Lane
General Information
- Standard status
- Active
- Size
- 2,142 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1994
Listing Agency:
Tom Crimmins Realty, Ltd.
(646) 714-8518
Listed By:
Shi Xiao Min · License #10401316611
(646) 714-8518
Source:
Compass
Added: Sep 27, 2025
Changed: Jul 21
Last Checked: Jul 23 at 10:32AM
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 Tom Crimmins Realty, Ltd.
Investment Insights
Based on property information with market context.
This well-maintained legal two-family semi-attached home has been recently refreshed and is move-in ready. The main unit occupies the 1st and 2nd floors and features three bedrooms with updated two bathrooms, plus an extra room that can be converted into a fourth bedroom. High 9-foot ceilings and hardwood floors are included, along with central heating and cooling. An attached garage, a parking driveway, and additional parking space support everyday convenience.
The lower-level semi-basement unit includes one bedroom, a living room, a separate kitchen, and a full bathroom, with one additional assigned parking spot. The property also benefits from community amenities including two swimming pools, a children’s playground, tennis courts, snow removal, and guest parking, as well as outside maintenance.
HOA fees are listed as $115 per month, and the home offers options for owner occupancy or immediate rental income based on the existing two-unit configuration.
The lower-level semi-basement unit includes one bedroom, a living room, a separate kitchen, and a full bathroom, with one additional assigned parking spot. The property also benefits from community amenities including two swimming pools, a children’s playground, tennis courts, snow removal, and guest parking, as well as outside maintenance.
HOA fees are listed as $115 per month, and the home offers options for owner occupancy or immediate rental income based on the existing two-unit configuration.
Key Highlights
- Legal two‑family semi‑attached home with finished partial basement and central HVAC with 2 A/C units
- Main unit offers 3 bedrooms plus an extra room that can be converted to a 4th bedroom, with hardwood floors and 9‑ft ceilings
- Main unit has updated 2 bathrooms, and total home features 3 full baths (2.0 full baths listed plus Main Bath full bath)
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 | $82.3k | $38.40 |
| − Vacancy | −$4.5k | −$2.11 |
| EGI | $77.7k | $36.29 |
| − OpEx | −$23.3k | −$10.89 |
| NOI | $54.4k | $25.40 |
2,142 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$777.3K
$680.1K – $906.8K
NOI $54,410 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$690.7K
$604.4K – $805.8K
NOI $48,349 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$1.02M
$894.3K – $1.19M
NOI $71,543 @ 7.0% cap · market cap 8.75%
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 - Move-in ready legal two-family semi-attached home with updated bathrooms, central HVAC, and attached garage parking.
Where is this duplex located?
The property is located at 20 Meadow Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $817,980.
What are key features of this property?
This property features: Legal two‑family semi‑attached home with finished partial basement and central HVAC with 2 A/C units; Main unit offers 3 bedrooms plus an extra room that can be converted to a 4th bedroom, with hardwood floors and 9‑ft ceilings; Main unit has updated 2 bathrooms, and total home features 3 full baths (2.0 full baths listed plus Main Bath full bath)
