Turnkey Two-Family Detached
275 Katan Avenue Staten Island, NY 10308
For Sale
$1,150,000
Fully renovated two-family detached home with separate units, updated kitchens and baths, basement, and private driveway.
Property Size2,200 SF
Lot Size0.09 Acres
Price / SF$522.73
Days on Market225
Property Features for 275 Katan Avenue
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 0.09 Acres
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1980
Listing Agency:
RE/MAX Edge
(718) 612-3088
Listed By:
Jason Zhou · License #jz1320
(718) 612-3088
Source:
Compass
Added: Dec 13, 2025
Changed: Jul 22
Last Checked: Jul 25 at 11:42AM
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 RE/MAX Edge
Investment Insights
Based on property information with market context.
This fully renovated, turnkey detached two-family home offers two completely separate units with bright, functional layouts. The main unit includes three bedrooms and two full bathrooms, while the secondary unit features a large two-bedroom, one-bath configuration. The property also includes a full basement and two brand-new baseboard heating systems, providing independent temperature control for each unit. Brand-new appliances and fully updated kitchens and bathrooms are included throughout, along with ample storage.
The home is situated on a 40 x 100 lot and includes a built-in garage and a private driveway. The public remarks describe convenient access to shopping, dining, parks, public transportation, and local schools.
As a detached two-family setup, the property supports either owner-occupancy with rental income or multi-generational living under separate unit configuration.
The home is situated on a 40 x 100 lot and includes a built-in garage and a private driveway. The public remarks describe convenient access to shopping, dining, parks, public transportation, and local schools.
As a detached two-family setup, the property supports either owner-occupancy with rental income or multi-generational living under separate unit configuration.
Key Highlights
- Fully renovated detached two‑family home on a 40 x 100 lot
- Main unit: 3 bedrooms and 2 full bathrooms with eat‑in kitchen, pantry, and formal living room
- Secondary unit: 2 bedrooms and 1 full bathroom with separate layout for rental or multi‑generational use
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 | $81.8k | $37.20 |
| − Vacancy | −$3.7k | −$1.67 |
| EGI | $78.2k | $35.53 |
| − OpEx | −$23.4k | −$10.66 |
| NOI | $54.7k | $24.87 |
2,200 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.8K
NOI $54,710 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K
NOI $48,787 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 6.39%
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 - Fully renovated two-family detached home with separate units, updated kitchens and baths, basement, and private driveway.
Where is this duplex located?
The property is located at 275 Katan Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Fully renovated detached two‑family home on a 40 x 100 lot; Main unit: 3 bedrooms and 2 full bathrooms with eat‑in kitchen, pantry, and formal living room; Secondary unit: 2 bedrooms and 1 full bathroom with separate layout for rental or multi‑generational use
