Updated Two-Family Duplex with
For Sale
$994,999
Pending
39 Hemlock St, Staten Island, NY 10309
Semi-attached duplex with a separate apartment, private outdoor space, updated systems, and generous off-street parking.
Property Size2,496 SF
Days on Market110
Property Features for 39 Hemlock St
General Information
Standard status
Pending
Size
2,496 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/3BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
HOA Fee
$70.83
Public Transit
Yes
Amenities
above-ground pool
deck
community pool and tennis
laundry room
kitchenette
Jacuzzi tub
Building Details
Year Built
1987
Buildings
1
Listing Agency:
Hometime Estates LLC
Listed By:
Joseph Giaccio · License #10401269947
(917) 613-2640
Source:
Statenislandhomelistings
Added: Jul 10
Changed: Oct 25
Last Checked: Oct 26 at 4:19PM
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 Hometime Estates LLC
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Investment Insights
Based on property information with market context.
This 1987 semi-attached duplex offers 2,496 square feet across a three-bedroom main residence and a separate one-bedroom apartment. The main home includes hardwood floors, granite countertops, ceramic tile, stainless-steel appliances, an open-concept second floor, family room, finished basement, laundry room, kitchenette, and multiple bathrooms. A new Trex deck extends the living area outdoors, while the apartment has its own entrance, separate utilities, kitchen, living room, bedroom, and new full bathroom.
The property includes a paver-finished backyard, above-ground pool, oversized side yard, and generous off-street parking. Recent improvements include newer roofing, new central air conditioning systems and hot water heaters for both residences, and upgraded 200-amp electric service. The HOA provides access to a community pool and tennis facilities. Located at 39 Hemlock St in Staten Island, the property is near schools, shopping, restaurants, and public transportation.
The property includes a paver-finished backyard, above-ground pool, oversized side yard, and generous off-street parking. Recent improvements include newer roofing, new central air conditioning systems and hot water heaters for both residences, and upgraded 200-amp electric service. The HOA provides access to a community pool and tennis facilities. Located at 39 Hemlock St in Staten Island, the property is near schools, shopping, restaurants, and public transportation.
Key Highlights
- 2,496 square feet with a three‑bedroom main residence and separate one‑bedroom apartment
- Separate apartment includes a private entrance and separate utilities
- Finished basement with laundry room, kitchenette, and additional bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,071
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,420
$1.2M
Cap Rate 7%
$886,729
$886.7K
Cap Rate 9%
$689,678
$689.7K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$92.9K $37.20/SF
− Vacancy
−$4.2K −$1.67/SF
EGI
$88.7K $35.53/SF
− OpEx
−$26.6K −$10.66/SF
NOI
$62.1K $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%
$1,241,420
Cap Rate 7%
$886,729
Cap Rate 9%
$689,678
Alternative Uses
Best Use
Multifamily LT 5
$886.7K
$775.9K – $1.03M
NOI $62,071 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$790.7K
$691.9K – $922.5K
NOI $55,351 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,367 @ 7.0% cap · market cap 8.38%
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
475
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached duplex with a separate apartment, private outdoor space, updated systems, and generous off-street parking.
Where is this duplex located?
The property is located at 39 Hemlock St Staten Island, NY.
What is the asking price?
The asking price for this property is $994,999.
What are key features of this property?
This property features: 2,496 square feet with a three‑bedroom main residence and separate one‑bedroom apartment; Separate apartment includes a private entrance and separate utilities; Finished basement with laundry room, kitchenette, and additional bathroom
