Custom-Built Two-Family Detached
41 Martin Avenue, Staten Island, NY 10314
Beautifully maintained two-family property with upgrades and attention to detail.
Type:Multifamily
Property size:
2,508 SFPrice / SF:
$517/SF- Added:
- Mar 13, 2026
- Days on Market:
- 72
- Last Refresh:
- Mar 19 at 11:14 pm
Property Features for 41 Martin Avenue
General Information
- Standard status
- Active
- Size
- 2,508 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing agent Francesca Trunzo License #10301216081
Listing office Berkshire Hathaway HomeService Cangiano Estates
Listing date Mar 13, 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 Berkshire Hathaway HomeService Cangiano Estates
HighLights
- Two‑family detached home offering a 3‑bedroom main unit and a separate studio apartment, providing rental income potential.
- Custom‑designed main kitchen (renovated in 2019) with 42'' solid wood cabinetry, granite countertops, oversized double island, and GE smart appliances.
- Heated in‑ground pool, stone patio, and fully equipped outdoor kitchen create a private backyard oasis.
- Solid brick construction, security camera system, Anderson windows and sliders, and pavered driveway offer durability.
- Finished basement with family room, half bath, wood‑burning stove, and walk‑out access to the backyard.
- Partially finished full basement with additional living space, wet bar, three‑quarter bath, and extra‑large storage closet.
Overview
This custom-built two-family detached home features a beautifully maintained property with exceptional upgrades and attention to detail. The main unit includes three bedrooms and four baths, with a living space centered around a custom kitchen redesigned in 2019. The kitchen features 42'' solid wood cabinetry, crown molding, an oversized double island, granite countertops with matching granite window sills, a farmhouse sink, pot filler, hot water on demand, and upgraded GE smart appliances. Tile flooring completes the kitchen space, while hardwood floors continue throughout the rest of the home. The living room features custom built-ins with granite stonework surrounding an electric fireplace. Anderson sliders lead to a patio. Three bedrooms share a full bathroom with a walk-in shower. The lower level offers a family room with hardwood flooring, recessed lighting, and a half bath. A wood-burning stove with an electric blower provides warmth. Sliding doors lead to the backyard, featuring a heated in-ground pool with a new liner, a stone patio area, and an outdoor kitchen with granite countertops, grill, and a wet bar. Additional outdoor features include a gazebo with hot tub hookups, two storage sheds, PVC fencing, a newer retaining wall, mature landscape, and a zipper drain system. The home also offers a partially finished full basement with additional living or recreation space, a large storage closet, wet bar, and a three-quarter bath. A dedicated mechanical room houses two furnaces and two hot water heaters. The second unit, located on the side of the home, includes a large studio, one full bathroom, a living/bedroom combo, and an eat-in kitchen. The living area features hardwood flooring, while the kitchen has tile flooring. Additional highlights include solid brick construction, a security camera system, two driveways, a built-in one-car garage with direct access to the main unit, a pavered driveway, Anderson windows and sliders with a Pella window in the master bedroom, crown molding, and recessed lighting. The property offers indoor-outdoor living.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$760.1K
NOI $68,405 @ 9.00% cap · cautious / downside scenario
Moderate
$977.2K
NOI $68,405 @ 7.00% cap · market / base-case scenario
Aggressive
$1.37M
NOI $68,405 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.3k | $40.80 |
| − Vacancy | −$4.6k | −$1.84 |
| EGI | $97.7k | $38.96 |
| − OpEx | −$29.3k | −$11.69 |
| NOI | $68.4k | $27.27 |
2,508 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$977.2K
$855.1K – $1.14M
NOI $68,405 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$906.1K
$792.9K – $1.06M
NOI $63,430 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,768 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.139743
- Latitude
- 40.608838
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Beautifully maintained two-family property with upgrades and attention to detail.
Where is this duplex located?
The property is located at 41 Martin Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two‑family detached home offering a 3‑bedroom main unit and a separate studio apartment, providing rental income potential.; Custom‑designed main kitchen (renovated in 2019) with 42'' solid wood cabinetry, granite countertops, oversized double island, and GE smart appliances.; Heated in‑ground pool, stone patio, and fully equipped outdoor kitchen create a private backyard oasis.
