Detached Two-Family
29 Summit Place Staten Island, NY 10312
New
For Sale
$1,388,880
MULTI_FAMILY - Staten Island, NY
Property Size2,400 SF
Lot Size0.09 Acres
Price / SF$578.70
Days on Market5
Property Features for 29 Summit Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4
- Parking features
- Carport, Garage - Detached
- Interior features
- Central Air
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10778
Building Details
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Block
Listing Agency:
Reliance Realty One LLC
(646) 881-6225
Listed By:
MeiLan Yew
(646) 881-6225
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 26 at 5:06AM
MLS# 503207
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 detached two-family residence features a 6-over-6 layout with two levels plus a huge finished basement. Each floor offers 3 bedrooms, 2 bathrooms, and 2 walk-in closets, complemented by 9-foot ceilings and hardwood flooring throughout. The basement includes a fully tiled floor, a 3/4 bathroom, and convenient separate entrances at the front and rear.
The property is described as built in 2014 and includes a fully paved backyard for low-maintenance outdoor use. Parking is supported by a detached garage and a driveway approximately 32 feet wide that extends nearly 100 feet in length. Recent improvements include a roof with gutter guards, drainage redirection toward the street, two sump pumps, and sound-insulated flooring installed on the second floor, along with front and rear awnings.
Transportation access is noted as minutes to the S55 local bus and the SIM23 express bus to Manhattan and the Staten Island Railway (SIR). The home is positioned in a quiet, desirable neighborhood, suitable for owner-occupants and investors.
The property is described as built in 2014 and includes a fully paved backyard for low-maintenance outdoor use. Parking is supported by a detached garage and a driveway approximately 32 feet wide that extends nearly 100 feet in length. Recent improvements include a roof with gutter guards, drainage redirection toward the street, two sump pumps, and sound-insulated flooring installed on the second floor, along with front and rear awnings.
Transportation access is noted as minutes to the S55 local bus and the SIM23 express bus to Manhattan and the Staten Island Railway (SIR). The home is positioned in a quiet, desirable neighborhood, suitable for owner-occupants and investors.
Key Highlights
- Built in 2014: fully detached 6 over 6 two‑family home with separate front and rear entrances
- Each floor offers 3 bedrooms, 2 bathrooms, and 2 walk‑in closets with 9 ft ceilings
- Hardwood floors and tile flooring; interior includes central air
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 | $92.2k | $38.40 |
| − Vacancy | −$7.4k | −$3.10 |
| EGI | $84.7k | $35.30 |
| − OpEx | −$25.4k | −$10.59 |
| NOI | $59.3k | $24.71 |
2,400 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$847.2K
$741.3K – $988.4K
NOI $59,306 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$745.4K
$652.2K – $869.6K
NOI $52,177 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 5.77%
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 - A fully detached 6-over-6 two-family home with separate front and rear entrances plus a finished, fully tiled basement.
Where is this duplex located?
The property is located at 29 Summit Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,388,880.
What are key features of this property?
This property features: Built in 2014: fully detached 6 over 6 two‑family home with separate front and rear entrances; Each floor offers 3 bedrooms, 2 bathrooms, and 2 walk‑in closets with 9 ft ceilings; Hardwood floors and tile flooring; interior includes central air
