32 Franklin Place, Staten Island, NY 10314
Legal two-family duplex with private driveway, separate utilities, hardwood floors, and central HVAC.
- Added:
- Jun 12, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 6:12 am
Property Features for 32 Franklin Place
General Information
- Standard status
- Active
- Size
- 2,088 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1998
Listing agent Dazhi Su License #10401312047
Listing office Re/Max Edge
Listing date Jun 12, 2026
Source Crexi
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
HighLights
- Legal 2‑family semi‑detached duplex built in 1998 with private driveway
- Upper unit: 3 bedrooms and 1.5 baths; lower unit: 1 bedroom
- Hardwood flooring throughout with central HVAC
- Separate utilities and two entrances
- House size: 12 x 58; lot size: 16 x 107
- Huge irregular backyard plus annual property tax of $6,458
Overview
Located in Manor Heights on Staten Island, the property is described as being close to many amenities, making it appealing for owner-occupants and tenants who want straightforward access to daily needs.
With two distinct unit layouts—3-bedroom/1.5-bath above and a 1-bedroom below—this property can work well for households seeking rental income alongside personal living space, or for investors looking for a legal two-family configuration. The combination of separate utilities, multiple entrances, and central climate control supports privacy and operational ease for both units.
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 | $85.2k | $40.80 |
| − Vacancy | −$3.8k | −$1.84 |
| EGI | $81.4k | $38.96 |
| − OpEx | −$24.4k | −$11.69 |
| NOI | $56.9k | $27.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.118774
- Latitude
- 40.60615
