Legal Two-Family with Finished
62 Bennett Place Staten Island, NY 10312
For Sale
$1,150,000
Vacant legal two-family home with a fully finished basement, central A/C, and hardwood floors.
Property Size2,400 SF
Price / SF$479.17
Days on Market180
Property Features for 62 Bennett Place
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1986
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
JieCheng (Ison) Zhang · License #JCZ5140
(929) 364-1301
Source:
Compass
Added: Jan 25
Changed: Jul 21
Last Checked: Jul 22 at 11:26AM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
Presented as a legal two-family residence that is currently vacant, this property includes a main unit with three bedrooms and three bathrooms, an eat-in kitchen, formal dining room, spacious living room, and a family room with sliding doors to the backyard. A fully finished basement provides additional flexible living space.
The income-producing first-floor side unit offers two bedrooms, an eat-in kitchen, and a separate side entrance with its own driveway. Outdoors, the property includes a private backyard with an in-ground pool and deck.
Additional highlights include central A/C and hardwood floors throughout, along with easy showings.
The income-producing first-floor side unit offers two bedrooms, an eat-in kitchen, and a separate side entrance with its own driveway. Outdoors, the property includes a private backyard with an in-ground pool and deck.
Additional highlights include central A/C and hardwood floors throughout, along with easy showings.
Key Highlights
- Vacant legal 2‑family home built in 1986 with a fully finished full basement
- Main unit: 3 bedrooms and 3 bathrooms, eat‑in kitchen, formal dining room, spacious living room, and family room with sliding doors to the backyard
- First‑floor side unit: 2 bedrooms with a separate side entrance, eat‑in kitchen, and its own driveway
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 | $92.2k | $38.40 |
| − Vacancy | −$7.4k | −$3.10 |
| EGI | $84.7k | $35.30 |
| − OpEx | −$25.4k | −$10.59 |
| NOI | $59.3k | $24.71 |
2,400 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$847.2K
$741.3K – $988.4K
NOI $59,306 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$745.4K
$652.2K – $869.6K
NOI $52,177 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Vacant legal two-family home with a fully finished basement, central A/C, and hardwood floors.
Where is this duplex located?
The property is located at 62 Bennett Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Vacant legal 2‑family home built in 1986 with a fully finished full basement; Main unit: 3 bedrooms and 3 bathrooms, eat‑in kitchen, formal dining room, spacious living room, and family room with sliding doors to the backyard; First‑floor side unit: 2 bedrooms with a separate side entrance, eat‑in kitchen, and its own driveway
