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Duplex Home with Separate Utilities
For Sale
$799,799
Pending

3 Mann Ave, Staten Island, NY 10314

Two residential units offer distinct layouts and independently metered utility service.

Property Size1,200 SF
Days on Market249

Property Features for 3 Mann Ave

General Information

Standard status Pending
Size 1,200 SF
Property subtype Multi-Family

Units

Unit Mix 3 BEDROOM MAIN Unit, 1 BEDROOM BASEMENT Apartment
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 2008
Buildings 1
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Ann Grande · License #40GR1025086
Source: Statenislandhomelistings
Added: Feb 13 Changed: Oct 10 Last Checked: Oct 19 at 6:47AM

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 Robert DeFalco Realty, Inc.

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Investment Insights

Based on property information with market context.

Built in 2008, this 1,200-square-foot duplex includes a three-bedroom main residence and a separate one-bedroom basement apartment. The primary home features a foyer, formal living room, half bath, dining room, eat-in kitchen, three upstairs bedrooms, and a full bath. Sliding doors connect the kitchen with the yard. The basement contains utility space along with the apartment, which includes a living room, kitchen, bedroom, and full bath.

The property has two hot water tanks, two gas meters, and two electric meters. The main residence is equipped with central air, while the basement apartment uses an AC unit. The home is near stores, restaurants, transportation, and an expressway.

Key Highlights

  • Three‑bedroom main residence with a separate one‑bedroom basement apartment
  • 1,200 square feet; built in 2008
  • Separate utility service includes 2 hot water tanks, 2 gas meters, and 2 electric meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,730
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,600 $654.6K
Cap Rate 7%
$467,571 $467.6K
Cap Rate 9%
$363,667 $363.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$49.0K $40.80/SF
− Vacancy
−$2.2K −$1.84/SF
EGI
$46.8K $38.96/SF
− OpEx
−$14.0K −$11.69/SF
NOI
$32.7K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,600
Cap Rate 7%
$467,571
Cap Rate 9%
$363,667

Alternative Uses

Best Use
Multifamily LT 5
$467.6K
$409.1K – $545.5K (±1% cap)
NOI $32,730 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.8K (±1% cap)
NOI $30,349 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K (±1% cap)
NOI $40,080 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,227
Businesses Nearby

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer distinct layouts and independently metered utility service.
Where is this duplex located?
The property is located at 3 Mann Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $799,799.
What are key features of this property?
This property features: Three‑bedroom main residence with a separate one‑bedroom basement apartment; 1,200 square feet; built in 2008; Separate utility service includes 2 hot water tanks, 2 gas meters, and 2 electric meters
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