40 Minna Street Staten Island, NY 10304
Two oversized apartments, finished basement, large yard in Dongan Hills.
Property Features for 40 Minna Street
General Information
- Standard status
- Active
- Size
- 2,132 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing office Homes R US Realty Of NY Inc
Listing date May 14, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Dongan Hills location on a gorgeous tree‑lined street
- Two oversized 2‑bedroom apartments, ideal for extended families or rental income
- Full‑finished basement and large private backyard
Local 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 | $81.9k | $38.40 |
| − Vacancy | −$6.6k | −$3.10 |
| EGI | $75.3k | $35.30 |
| − OpEx | −$22.6k | −$10.59 |
| NOI | $52.7k | $24.71 |
