Renovated Two-Family
For Sale
$1,200,000
32 Speedwell Ave, Staten Island, NY 10314
Two distinct living spaces offer separate utility meters, off-street parking, and a built-in garage.
Property Size2,440 SF
Lot Size0.09 Acres
Price / SF$491.80
Days on Market19
Property Features for 32 Speedwell Ave
General Information
Standard status
Active
Size
2,440 SF
Lot size
0.09 Acres
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/3BA, 1 x 1BR/1BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,267
Amenities
fenced backyard
paver patio
central air
laundry room
skylights
hardwood floors
tile flooring
garage
Building Details
Year Renovated
2026
Buildings
1
Listing Agency:
Farroq Kezadri Realty Co Corp
Listed By:
Farroq Kezadri
(212) 810-7068
Source:
Exprealty
Added: Oct 19
Changed: Nov 1
Last Checked: Nov 4 at 6:12PM
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 Farroq Kezadri Realty Co Corp
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Investment Insights
Based on property information with market context.
This legal two-family property contains approximately 2,440 square feet on a 4,000-square-foot lot. The main residence spans two floors and has three bedrooms and three full bathrooms. Its features include a foyer, laundry room, an additional room with sliding doors to the backyard, and a renovated kitchen with stainless-steel appliances. The separate side apartment offers a bedroom, an additional room, a kitchen, and a full bathroom. Separate utility meters serve each unit.
Renovations completed in 2026 include the roof, siding, heating and cooling systems with central air, kitchens, bathrooms, and flooring. Outside, a fenced backyard includes a paver patio, and the property has off-street parking for multiple vehicles and a built-in garage. Shopping, dining, and MTA local and express bus routes are nearby.
Renovations completed in 2026 include the roof, siding, heating and cooling systems with central air, kitchens, bathrooms, and flooring. Outside, a fenced backyard includes a paver patio, and the property has off-street parking for multiple vehicles and a built-in garage. Shopping, dining, and MTA local and express bus routes are nearby.
Key Highlights
- Legal two‑family property with approximately 2,440 square feet on a 4,000‑square‑foot lot
- Main residence has 3 bedrooms and 3 full bathrooms across two floors
- Side apartment includes a bedroom, an additional room, kitchen, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,551
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,331,020
$1.3M
Cap Rate 7%
$950,729
$950.7K
Cap Rate 9%
$739,456
$739.5K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$99.6K $40.80/SF
− Vacancy
−$4.5K −$1.84/SF
EGI
$95.1K $38.96/SF
− OpEx
−$28.5K −$11.69/SF
NOI
$66.6K $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%
$1,331,020
Cap Rate 7%
$950,729
Cap Rate 9%
$739,456
Alternative Uses
Best Use
Multifamily LT 5
$950.7K
$831.9K – $1.11M
NOI $66,551 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$881.6K
$771.4K – $1.03M
NOI $61,711 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,497 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living spaces offer separate utility meters, off-street parking, and a built-in garage.
Where is this duplex located?
The property is located at 32 Speedwell Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Legal two‑family property with approximately 2,440 square feet on a 4,000‑square‑foot lot; Main residence has 3 bedrooms and 3 full bathrooms across two floors; Side apartment includes a bedroom, an additional room, kitchen, and full bathroom
