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End-Unit Duplex with Studio Apartment
For Sale
$798,888

39 New Lane, Staten Island, NY 10305

MULTI_FAMILY - Staten Island, NY

Property Size1,680 SF
Lot Size0.06 Acres
Price / SF$475.53
Days on Market54

Property Features for 39 New Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Parking features Garage
Subdivision Shore Acres
Standard status Active
Size 1,680 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6457

Building Details

Year built 1995
Floors in Building 3
Number of units 2
Flooring type Tile
Listing Agency: Tiger Realty
Listed By: Pengyi Eridani Zhou
Added: Jun 9 Changed: Jul 31 Last Checked: Aug 1 at 6:06AM
MLS# 502157

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.

Investment Insights

Based on property information with market context.

This updated end-unit duplex offers two distinct living spaces designed for flexible use. The primary residence spans the second and third floors and includes a bright living area with a half bathroom, three bedrooms, and a full bathroom. On the ground level, there is a studio apartment with its own full bathroom, providing additional versatility for multi-generational living. Tile flooring runs throughout, and the property includes a private driveway and a built-in garage.

The duplex is sited on a 0.0574-acre lot and was built in 1995. It sits in an R4 zoning area and totals 1,680 SF. Recent improvements include newly installed heating, A/C, and hot water systems.

Outdoor space includes a sizeable backyard and side yard.

Key Highlights

  • End‑unit duplex with primary residence on the second and third floors plus a ground‑level studio apartment
  • Three bedrooms plus a half bathroom in the upper level, and a full bathroom in the studio
  • Private driveway and built‑in garage

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 $68.5k $40.80
− Vacancy −$5.5k −$3.29
EGI $63.0k $37.51
− OpEx −$18.9k −$11.25
NOI $44.1k $26.26
1,680 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$630.1K
$551.4K – $735.2K (±1% cap)
NOI $44,109 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$579.7K
$507.3K – $676.4K (±1% cap)
NOI $40,582 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$801.6K
$701.4K – $935.2K (±1% cap)
NOI $56,112 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated end-unit duplex with a private driveway, built-in garage, and a ground-level studio apartment in an R4 zone.
Where is this duplex located?
The property is located at 39 New Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $798,888.
What are key features of this property?
This property features: End‑unit duplex with primary residence on the second and third floors plus a ground‑level studio apartment; Three bedrooms plus a half bathroom in the upper level, and a full bathroom in the studio; Private driveway and built‑in garage
More about this property
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