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    40 Minna Street, Staten Island, NY 10304

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    Two oversized apartments, finished basement, large yard in Dongan Hills.

    Type:Multifamily
    Property size:
    2,132 SF
    Price / SF:
    $463/SF
    Added:
    May 14, 2026
    Days on Market:
    17
    Last Refresh:
    May 16 at 8:44 pm

    Property Features for 40 Minna Street

    General Information

    Standard status
    Active
    Size
    2,132 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1955

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    Listing Contact
    Gennady (Gary) Papirov

    Listing agent Gennady (Gary) Papirov License #NY

    Listing office Homes R US Realty Of NY Inc

    Listing date May 14, 2026

    Source Crexi

    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

    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
    • Conveniently located near the Verrazano Bridge, highway, parks, beaches, schools, shopping, and public transportation
    • Well‑maintained and in good move‑in condition
    • Hardwood floors under carpets and great natural light

    Overview

    Located on a tree-lined street in Dongan Hills, this two-family home features two oversized two-bedroom apartments. The property includes a full-finished basement and a large private backyard. The house is well maintained and in good move-in condition, featuring hardwood floors under the carpets, generous room sizes, and natural light throughout. The property is suitable for extended families, investors, or buyers seeking rental income. The property is located minutes from the Verrazano Bridge, highway, parks, beaches, schools, shopping and public transportation. The property size is 2132 square feet.

    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
    2,132 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $752.6K
    $658.5K – $878.1K (±1% cap)
    NOI $52,683 @ 7.0% cap · market cap 5.33%
    Second Best
    Apartment 5plus
    $689.7K
    $603.5K – $804.7K (±1% cap)
    NOI $48,282 @ 7.0% cap · market cap 4.89%
    Theoretical Best
    Office A
    $1.02M
    $890.1K – $1.19M (±1% cap)
    NOI $71,209 @ 7.0% cap · market cap 7.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.09124
    Latitude
    40.59359

    FAQs

    What type of property is this?
    Duplex - Two oversized apartments, finished basement, large yard in Dongan Hills.
    Where is this duplex located?
    The property is located at 40 Minna Street Staten Island, NY.
    What is the asking price?
    The asking price for this property is $988,000.
    What are key features of this property?
    This property features: 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
    More about this property
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