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    Legal Two-Family Duplex Title is generated by Realmo AI

    32 Franklin Place, Staten Island, NY 10314

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    Claim this Listing
    For Sale
    $820,000

    MULTI_FAMILY - State Island, NY

    Property size:
    2,088 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $392/SF
    Added:
    Jun 11, 2026
    Days on Market:
    26
    Last Refresh:
    Jul 6 at 11:06 am

    Property Features for 32 Franklin Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, 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

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    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 private driveway
    • Upper unit: 3 bedrooms and 1.5 baths duplex over lower 1‑bedroom unit
    • Hardwood flooring throughout with central HVAC
    • Separate utilities and 2 entrances
    • House size 12x58 on 16x107 lot with a huge irregular backyard
    • Annual property tax listed as $6,458

    Overview

    This semi-detached, legal two-family residence was built in 1998 and is presented as move-in ready. The upper two stories offer a 3-bedroom, 1.5-bath layout, while the lower level includes a 1-bedroom unit. Hardwood flooring runs throughout, and both levels are served by central HVAC. The property also features separate utilities and two entrances, supporting independent occupancy. Outside, there is a private driveway and a large, irregular backyard.

    The home is located in Manor Heights on Staten Island, at 32 Franklin Place (10314). The lot measures 16 x 107, and the house is approximately 12 x 58, with a total property size of 2,088 square feet.

    This duplex can be a strong fit for buyers looking for a straightforward two-unit configuration with separate utilities and independent entrances. With a private driveway, central HVAC, and clearly defined upper and lower living spaces, it offers practical day-to-day functionality for owner-occupants or long-term tenants. The zoning is listed as R3.

    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 6.95%
    Second Best
    Apartment 5plus
    $754.4K
    $660.1K – $880.1K (±1% cap)
    NOI $52,808 @ 7.0% cap · market cap 6.44%
    Theoretical Best
    Office A
    $996.3K
    $871.8K – $1.16M (±1% cap)
    NOI $69,740 @ 7.0% cap · market cap 8.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Hotel & Motel Bar & Pub Hair Salon Daycare Center Auto Repair Shop Big Box & Wholesale Store Dental Office Gym & Fitness Center Building Supply

    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 hardwood floors across two independent entrances.
    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 $820,000.
    What are key features of this property?
    This property features: Legal 2‑family semi‑detached home built in 1998 with private driveway; Upper unit: 3 bedrooms and 1.5 baths duplex over lower 1‑bedroom unit; Hardwood flooring throughout with central HVAC
    More about this property
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