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Two-Unit Residential Income Property

3 Mann Avenue Staten Island, NY 10314

3 Mann Avenue, Staten Island, NY, 10314
$910,250
For Sale
$910,250

MULTI_FAMILY - Staten Island, NY

Property Size1,200 SF
Lot Size0.06 Acres
Price / SF$758.54
Days on Market154

Property Features for 3 Mann Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Parking features
Off Street
Basement
Apartment, Full
Standard status
Active
APN
00462-0055
Size
1,200 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
6900

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
2008
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Listing Agency Robert DeFalco Realty, Inc.
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by Ann Grande
Added: Feb 13 Checked: Jul 17 at 11:06 pm
MLS# 2600818 Listing URL

Copyright © 2026 Staten Island Board of Realtors. 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 two-unit residential income property features a 3-bedroom main unit and a 1-bedroom basement apartment. The main house includes a foyer entry leading to a large formal living room, a half bath, a formal dining room, and a large eat-in kitchen with sliders to the yard. The second floor provides three bedrooms and a full bath, and the main unit has central air.

The basement includes both utility area and the remainder of the apartment. The basement apartment layout includes a formal living room, kitchen, and full bath, and is equipped with an AC unit. The property is set up with separate utilities, including two hot water tanks, two gas meters, and two electric meters.

For tenants or owner-operators seeking flexibility, the arrangement supports two distinct living spaces within one building. With the main level centered around multiple living and dining areas and the lower level configured as a separate 1-bedroom unit, this property may fit buyers looking for a straightforward two-family setup for occupancy and privacy.

Key Highlights

  • Two‑family home built in 2008 with a 3‑bedroom main unit and a 1‑bedroom basement apartment
  • Separate utilities for each unit: 2 hot water tanks, 2 gas meters, and 2 electric meters
  • Central air in the main house; heating includes forced air and natural gas

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 $49.0k $40.80
− Vacancy −$2.2k −$1.84
EGI $46.8k $38.96
− OpEx −$14.0k −$11.69
NOI $32.7k $27.27
1,200 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$467.6K
$409.1K – $545.5K (±1% cap)
NOI $32,730 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.8K (±1% cap)
NOI $30,349 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K (±1% cap)
NOI $40,080 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Furniture & Home Goods Kitchen & Bath Showroom Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family home with separate utilities, including a 3-bedroom main unit and a 1-bedroom basement apartment.
Where is this duplex located?
The property is located at 3 Mann Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $910,250.
What are key features of this property?
This property features: Two‑family home built in 2008 with a 3‑bedroom main unit and a 1‑bedroom basement apartment; Separate utilities for each unit: 2 hot water tanks, 2 gas meters, and 2 electric meters; Central air in the main house; heating includes forced air and natural gas
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