End-Unit Duplex with Studio
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
(917) 708-9966
Listed By:
Pengyi Eridani Zhou
(917) 708-9966
Added: Jun 9
Changed: Jul 31
Last Checked: Aug 1 at 6:06AM
MLS# 502157
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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.
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
NOI $44,109 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$579.7K
$507.3K – $676.4K
NOI $40,582 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$801.6K
$701.4K – $935.2K
NOI $56,112 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
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
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