Renovated Two-Family Home, Great
275 Katan Avenue Staten Island, NY 10308
For Sale
$1,098,800
MULTI_FAMILY - Staten Island, NY
Property Size2,164 SF
Lot Size0.09 Acres
Price / SF$507.76
Days on Market83
Property Features for 275 Katan Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3A
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
- Parking features
- Garage
- Interior features
- Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,164 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4234
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Flooring type
- Tile, Linoleum
- Building materials
- Wood Frame
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Ming Hua Dong
(917) 708-9966
Added: May 5
Changed: Jul 12
Last Checked: Jul 26 at 8:06AM
MLS# 501097
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully renovated, detached two-family home is located in Great Kills. Situated on a 40 x 100 lot, the property includes a main unit featuring 3 bedrooms and 2 full bathrooms with modern finishes and an open layout. The second unit offers 2 bedrooms and 1 bath, suitable for rental income. The property has two separate units, a full basement, and two new baseboard heating systems, providing independent temperature control for each unit. Upgrades include new appliances and renovated kitchens and bathrooms. Additional features include a built-in garage, private driveway, and storage space. The property is located near shopping, dining, parks, transportation, and schools. The property, with a size of 2164 square feet, is suitable for both end-users and investors, offering the option to live in one unit and rent the other. The property is zoned R3A and is located in Staten Island, NY.
Key Highlights
- Detached 2‑family home with separate units: 3‑bedroom/2‑bath main unit and 2‑bedroom/1‑bath second unit
- 40 x 100 lot with a full basement
- Brand‑new baseboard heating systems for each unit, providing independent temperature control
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 | $80.5k | $37.20 |
| − Vacancy | −$3.6k | −$1.67 |
| EGI | $76.9k | $35.53 |
| − OpEx | −$23.1k | −$10.66 |
| NOI | $53.8k | $24.87 |
2,164 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$768.8K
$672.7K – $896.9K
NOI $53,815 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$685.6K
$599.9K – $799.8K
NOI $47,989 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.03M
$903.5K – $1.20M
NOI $72,278 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully renovated two-family home in Great Kills neighborhood.
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 $1,098,800.
What are key features of this property?
This property features: Detached 2‑family home with separate units: 3‑bedroom/2‑bath main unit and 2‑bedroom/1‑bath second unit; 40 x 100 lot with a full basement; Brand‑new baseboard heating systems for each unit, providing independent temperature control
