Spacious Two-Family
45 Sommer Avenue Staten Island, NY 10314
For Sale
Contact for pricing
Pending
Two-family home on oversized lot, convenient location.
Property Size2,862 SF
Days on Market125
Property Features for 45 Sommer Avenue
General Information
- Standard status
- Pending
- Size
- 2,862 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
DiTommaso Real Estate
Listed By:
Lori Ficarra · License #10401318951
Source:
Crexi
Added: Mar 24
Changed: Jul 6
Last Checked: Jul 24 at 6:09PM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
Located on a quiet cul-de-sac in the Bulls Head section of Staten Island, 45 Sommer Avenue is a fully detached, two-family home. The spacious residence is situated on an oversized lot and features 6 bedrooms and 4 bathrooms. The property offers 2862 square feet of space. The property is suitable as an investment opportunity or for multigenerational living. The location provides convenient access to shopping, schools, and public transportation. The property is located minutes from the Verrazzano Bridge, facilitating commutes to Brooklyn and Manhattan.
Key Highlights
- Two‑family, fully detached home on an oversized lot.
- Boasting 6 bedrooms and 4 bathrooms offering versatility for all lifestyles.
- Ideal for investment or multi‑generational living.
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 | $116.8k | $40.80 |
| − Vacancy | −$5.3k | −$1.84 |
| EGI | $111.5k | $38.96 |
| − OpEx | −$33.5k | −$11.69 |
| NOI | $78.1k | $27.27 |
2,862 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$975.8K – $1.30M
NOI $78,060 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$1.03M
$904.8K – $1.21M
NOI $72,383 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.37M
$1.19M – $1.59M
NOI $95,591 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home on oversized lot, convenient location.
Where is this duplex located?
The property is located at 45 Sommer Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two‑family, fully detached home on an oversized lot.; Boasting 6 bedrooms and 4 bathrooms offering versatility for all lifestyles.; Ideal for investment or multi‑generational living.
