New Construction Two-Family
27 Lava Street Staten Island, NY 10305
27 Lava Street, Staten Island, NY, 10305
$1,450,000
For Sale
$1,450,000
MULTI_FAMILY - Staten Island, NY
Property Size3,692 SF
Lot Size0.09 Acres
Price / SF$392.74
Days on Market111
Property Features for 27 Lava Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Parking features
- Garage - Detached
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,692 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8205
Building Details
- Year built
- 2021
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile
Listing Agency
Tiger Realty
(917) 708-9966
1484 86th Street, Brooklyn, NY
Listed by
Yawei (Angel) Yang
(917) 708-9966
Added: Mar 30 Checked: Jul 18 at 12:06 am
MLS# 500101
Listing URL
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Investment Insights
Based on property information with market context.
This new construction two-family home, located off Olympia Blvd, features two spacious units. Each unit includes three bedrooms, one full bathroom, and one three-quarter en-suite bathroom, as well as a private laundry and utility room. The interiors are designed with hardwood flooring, custom kitchens, granite countertops, and stainless steel appliances. An open-concept layout provides a bright living space, with sliding glass doors leading to a private rear yard suitable for entertaining or relaxation. Additional features include a private side driveway with parking for up to three vehicles and a one-car garage. The property is conveniently located near shopping, express bus transportation, the beach, and the boardwalk. The lot size is 0.0896 acres, and the property size is 3692 square feet. This property is suitable for both homeowners and investors.
Key Highlights
- New construction two‑family home built in 2021
- Two spacious units, each with 3 bedrooms and 1 full bathroom plus an in‑suite 3/4 bathroom
- Each unit includes private laundry and a dedicated utility room
Local 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 | $150.6k | $40.80 |
| − Vacancy | −$12.2k | −$3.29 |
| EGI | $138.5k | $37.51 |
| − OpEx | −$41.5k | −$11.25 |
| NOI | $96.9k | $26.26 |
3,692 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.62M
NOI $96,934 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.49M
NOI $89,184 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,314 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Modern two-family home near shopping, transportation, beach, and boardwalk.
Where is this duplex located?
The property is located at 27 Lava Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: New construction two‑family home built in 2021; Two spacious units, each with 3 bedrooms and 1 full bathroom plus an in‑suite 3/4 bathroom; Each unit includes private laundry and a dedicated utility room