Spacious Two-Family Home in
40 Minna Street Staten Island, NY 10304
40 Minna Street, Staten Island, NY, 10304
$988,000
Pending
For Sale
$988,000
Pending
MULTI_FAMILY - Staten Island, NY
Property Size2,132 SF
Lot Size0.10 Acres
Days on Market67
Property Features for 40 Minna Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3X
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2
- Parking features
- Carport
- Basement
- Finished, Full
- Standard status
- Pending
- Size
- 2,132 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7652
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
Listing Agency
Homes R Us Realty of NY, Inc.
(718) 668-2550
111 Fingerboard Road, Staten Island, NY
Listed by
Gennady Gary Papirov
(917) 856-2012
Added: May 13 Checked: Jul 18 at 7:06 am
MLS# 2602671
Listing URL
Copyright © 2026 Staten Island Board of Realtors. 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.
Located at 40 Minna Street in Staten Island, this two-family home features two oversized 2-bedroom apartments and a full-finished basement. The property includes a large private backyard. The house is well maintained and in good move-in condition. The apartments feature hardwood floors under the carpets, generous room sizes, and great natural light throughout. The property is situated on a tree-lined street in the heart of prime Dongan Hills. It is conveniently located just minutes from the Verrazano Bridge, highway, parks, beaches, schools, shopping and public transportation. The property, with zoning R3X, is situated on a lot of 0.1 acres. The property size is 2132 square feet. This property is suitable for extended families, investors, or buyers looking for additional rental income. It is located in one of Staten Island's most desirable neighborhoods.
Key Highlights
- Two‑family home built in 1955 with brick and vinyl siding construction
- Includes two oversized 2‑bedroom apartments
- Full‑finished basement and a 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 |
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
NOI $52,683 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$689.7K
$603.5K – $804.7K
NOI $48,282 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$1.02M
$890.1K – $1.19M
NOI $71,209 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home in prime Dongan Hills location.
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: Two‑family home built in 1955 with brick and vinyl siding construction; Includes two oversized 2‑bedroom apartments; Full‑finished basement and a large private backyard
