Two-Family Duplex with
For Sale
$899,900
39 Hemlock Ln, Staten Island, NY 10309
Two separate residences offer a combined five bedrooms and four bathrooms, with outdoor recreation space and a one-car garage.
Property Size2,704 SF
Price / SF$332.80
Days on Market26
Property Features for 39 Hemlock Ln
General Information
Standard status
Active
Size
2,704 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/3BA, 1 x 2BR
Multifamily Units
2
Amenities
pool
Building Details
Year Built
1996
Buildings
1
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Source:
Statenislandhomelistings
Added: Sep 15
Changed: Oct 1
Last Checked: Oct 9 at 8:04PM
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 Homes R Us Realty of NY, Inc.
Investment Insights
Based on property information with market context.
This legal two-family duplex contains 2,704 square feet and dates to 1996. Its main residence spans three levels with three bedrooms, three bathrooms, hardwood floors, and a deck connected to the kitchen. The second residence has two bedrooms across two levels. Together, the units provide five bedrooms and four bathrooms. The property is 25 feet wide and includes a one-car garage.
A built-in pool and private backyard provide outdoor space. Schools, public transportation, shopping, restaurants, parks, and beaches are nearby, and the expressway is accessible from the property’s Staten Island location.
A built-in pool and private backyard provide outdoor space. Schools, public transportation, shopping, restaurants, parks, and beaches are nearby, and the expressway is accessible from the property’s Staten Island location.
Key Highlights
- Legal two‑family property with 2,704 square feet
- Two residences: main unit has 3 bedrooms and 3 bathrooms; second unit has 2 bedrooms
- Built in 1996 and 25 feet wide
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,244
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,344,880
$1.3M
Cap Rate 7%
$960,629
$960.6K
Cap Rate 9%
$747,156
$747.2K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$100.6K $37.20/SF
− Vacancy
−$4.5K −$1.67/SF
EGI
$96.1K $35.53/SF
− OpEx
−$28.8K −$10.66/SF
NOI
$67.2K $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%
$1,344,880
Cap Rate 7%
$960,629
Cap Rate 9%
$747,156
Alternative Uses
Best Use
Multifamily LT 5
$960.6K
$840.6K – $1.12M
NOI $67,244 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$856.6K
$749.6K – $999.4K
NOI $59,964 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,314 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a combined five bedrooms and four bathrooms, with outdoor recreation space and a one-car garage.
Where is this duplex located?
The property is located at 39 Hemlock Ln Staten Island, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Legal two‑family property with 2,704 square feet; Two residences: main unit has 3 bedrooms and 3 bathrooms; second unit has 2 bedrooms; Built in 1996 and 25 feet wide
