Two-Family Duplex with
For Sale
$1,649,000
34 Fayann Ln, Staten Island, NY 10307
Legal two-family residence presently arranged for single-family living, with a finished basement and two-car garage.
Property Size4,093 SF
Lot Size0.23 Acres
Price / SF$402.88
Days on Market8
Property Features for 34 Fayann Ln
General Information
Standard status
Active
Size
4,093 SF
Total Parking Spaces
2
Lot size
0.23 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
in-ground swimming pool
central air conditioning
patio
Building Details
Year Built
1990
Buildings
1
Construction
Colonial
Tenancy
Single
Listing Agency:
DiTommaso Real Estate
Listed By:
Joann Impellizine
(718) 689-2611
Source:
Statenislandhomelistings
Added: Oct 11
Changed: Oct 16
Last Checked: Oct 16 at 2:20PM
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 DiTommaso Real Estate
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Investment Insights
Based on property information with market context.
This 1990-built duplex has five bedrooms and five bathrooms and is currently used as a single-family residence. Interior features include a two-story foyer, formal dining room, library, and family room with a gas fireplace and wet bar. The kitchen has custom cabinetry and granite counters, while the primary suite includes a skylight, built-in closets, and a Carrara marble bathroom with steam shower. A finished basement adds recreation space, a gym, a half bathroom, and storage. Central air conditioning and a two-car garage are also included.
The outdoor area features an in-ground swimming pool, patio, and mature landscaping. The property is at 34 Fayann Lane in Staten Island’s Tottenville section, on a 90 x 111 property.
The outdoor area features an in-ground swimming pool, patio, and mature landscaping. The property is at 34 Fayann Lane in Staten Island’s Tottenville section, on a 90 x 111 property.
Key Highlights
- Legal two‑family home currently occupied as a single‑family residence
- 90 x 111 property in Tottenville, Staten Island
- In‑ground swimming pool and patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,786
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,035,720
$2.0M
Cap Rate 7%
$1,454,086
$1.5M
Cap Rate 9%
$1,130,956
$1.1M
Market Conditions
NOI Build-Up for 4,093 SF
Gross rent
$152.3K $37.20/SF
− Vacancy
−$6.9K −$1.67/SF
EGI
$145.4K $35.53/SF
− OpEx
−$43.6K −$10.66/SF
NOI
$101.8K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,035,720
Cap Rate 7%
$1,454,086
Cap Rate 9%
$1,130,956
Alternative Uses
Best Use
Multifamily LT 5
$1.45M
$1.27M – $1.70M
NOI $101,786 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$1.30M
$1.13M – $1.51M
NOI $90,766 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,707 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
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Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 - Legal two-family residence presently arranged for single-family living, with a finished basement and two-car garage.
Where is this duplex located?
The property is located at 34 Fayann Ln Staten Island, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Legal two‑family home currently occupied as a single‑family residence; 90 x 111 property in Tottenville, Staten Island; In‑ground swimming pool and patio
