For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Legal Two-Family Duplex Title is generated by Realmo AI

    32 Franklin Place, Staten Island, NY 10314

    View on Map
    Claim this Listing
    New
    For Sale
    $849,900

    MULTI_FAMILY - State Island, NY

    Property size:
    2,088 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $407/SF
    Added:
    Jun 11, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 13 at 12:06 pm

    Property Features for 32 Franklin Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
    Interior features
    Washer
    Standard status
    Active
    Size
    2,088 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6458

    Building Details

    Year built
    1998
    Floors in Building
    3
    Number of units
    2

    We can help!

    Listing Contact
    Dazhi (Simon) Su

    Listing agent Dazhi (Simon) Su

    Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

    Listing date Jun 11, 2026

    MLS# 502223 Listing URL

    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.

    HighLights

    • Legal 2‑family semi‑detached home built in 1998 with a private driveway
    • Upper level: 3‑bedroom with 1.5 baths duplex over a lower‑level 1‑bedroom unit
    • Hardwood flooring throughout and washer included
    • Central HVAC with separate utilities for the 2‑family setup
    • Two entrances and a backyard described as huge and irregular
    • House size 12x58 with lot size 16x107; annual property tax $6,458

    Overview

    This semi-detached, legal two-family duplex was built in 1998 and is described as move-in ready. The upper portion features a three-bedroom, 1.5-bath layout, while the lower level includes a one-bedroom unit. Hardwood flooring runs throughout, and the property offers central HVAC. The home has separate utilities and two entrances, providing practical flexibility for occupants. Outside, there is a private driveway and a large irregular backyard.

    The property is located at 32 Franklin Place in Staten Island, NY, identified as Manor Heights in the remarks. The listing notes convenience to “all,” and includes the lot dimensions of 16 by 107.

    For buyers seeking a residential income setup, the duplex configuration—three-bedroom unit over a one-bedroom unit—supports two distinct living spaces within one property, with separate utilities already in place. The two-entrance arrangement and private driveway can be useful for maintaining separation and day-to-day ease for residents. With hardwood finishes, central HVAC, and an on-site private outdoor area, the layout is positioned for straightforward occupancy following purchase.

    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
    2,088 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $813.6K
    $711.9K – $949.2K (±1% cap)
    NOI $56,950 @ 7.0% cap · market cap 6.70%
    Second Best
    Apartment 5plus
    $754.4K
    $660.1K – $880.1K (±1% cap)
    NOI $52,808 @ 7.0% cap · market cap 6.21%
    Theoretical Best
    Office A
    $996.3K
    $871.8K – $1.16M (±1% cap)
    NOI $69,740 @ 7.0% cap · market cap 8.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.118916
    Latitude
    40.606134

    FAQs

    What type of property is this?
    Duplex - Semi-detached two-family home with separate utilities, central HVAC, and two entrances on a private driveway.
    Where is this duplex located?
    The property is located at 32 Franklin Place Staten Island, NY.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: Legal 2‑family semi‑detached home built in 1998 with a private driveway; Upper level: 3‑bedroom with 1.5 baths duplex over a lower‑level 1‑bedroom unit; Hardwood flooring throughout and washer included
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message