Two-Family Side Hall Colonial
403 Yetman Avenue Staten Island, NY 10307
403 Yetman Avenue, Staten Island, NY, 10307
$1,299,999
For Sale
$1,299,999
New construction two-family side hall duplex with a ground-floor studio with separate entrance and utilities.
Property Size2,880 SF
Price / SF$451.39
Days on Market480
Property Features for 403 Yetman Avenue
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 2025
Listing agency
RE/MAX Elite
(718) 514-1639
Listed by
John Sprague · License #10401313550
(718) 514-1639
Source
Compass
Added: Mar 31, 2025 Updated: Jul 22 at 7:54PM Checked: Jul 22 at 7:54PM
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 RE/MAX Elite
Investment Insights
Based on property information with market context.
New construction two-family side hall colonial duplex with a studio apartment on the ground floor. The main home features four bedrooms and four bathrooms, including a primary suite with a private bath. Interior highlights include hardwood floors throughout, 9-foot ceilings on the main floor, and crown molding through the main living areas. The kitchen is appointed with custom 30-inch and 36-inch cabinetry, quartz countertops, a large stainless steel sink, and designer tile finishes, with an option of floor colors. A staircase with custom railings and balusters leads to the second floor, where the additional bedrooms are complemented by hardwood flooring and crown molding, and where laundry is conveniently located.
The studio apartment has a separate entrance and its own utilities. Delivery is planned for Spring 2026.
The studio apartment has a separate entrance and its own utilities. Delivery is planned for Spring 2026.
Key Highlights
- New construction 2‑family side hall colonial with a ground‑floor studio apartment with separate entrance and utilities
- Over 2,800 sq ft of living space with 4 bedrooms and 4 bathrooms
- 9‑foot ceilings on the main floor with hardwood floors throughout and crown molding
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 | $107.1k | $37.20 |
| − Vacancy | −$4.8k | −$1.67 |
| EGI | $102.3k | $35.53 |
| − OpEx | −$30.7k | −$10.66 |
| NOI | $71.6k | $24.87 |
2,880 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$895.3K – $1.19M
NOI $71,620 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$912.4K
$798.3K – $1.06M
NOI $63,867 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,193 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New construction two-family side hall duplex with a ground-floor studio with separate entrance and utilities.
Where is this duplex located?
The property is located at 403 Yetman Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: New construction 2‑family side hall colonial with a ground‑floor studio apartment with separate entrance and utilities; Over 2,800 sq ft of living space with 4 bedrooms and 4 bathrooms; 9‑foot ceilings on the main floor with hardwood floors throughout and crown molding
