Two-Family High Ranch
69 Fraser Street Staten Island, NY 10314
For Sale
Contact for pricing
Two-family High Ranch featuring a two-bedroom rental apartment with additional basement space.
Property Size2,744 SF
Price / SF$360.38
Days on Market102
Property Features for 69 Fraser Street
General Information
- Standard status
- Active
- Size
- 2,744 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
Encore Real Estate LLC
(917) 216-8019
Listed By:
Michael Ford · License #10301222104
Source:
Crexi
Added: Apr 16
Changed: Jul 23
Last Checked: Jul 26 at 11:04AM
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 Encore Real Estate LLC
Investment Insights
Based on property information with market context.
This two-family High Ranch includes a two-bedroom rental apartment plus basement space. The property is set up as a residential income use with separate rental accommodations within the overall structure.
The home is described as being in the desirable Heartland Village area of Staten Island, and the tenant application requires a credit and background check. The tenant is responsible for utilities.
Rental terms noted in the listing include one month’s rent, one month’s security, and one month for the broker’s fee at move-in.
The home is described as being in the desirable Heartland Village area of Staten Island, and the tenant application requires a credit and background check. The tenant is responsible for utilities.
Rental terms noted in the listing include one month’s rent, one month’s security, and one month for the broker’s fee at move-in.
Key Highlights
- Two‑family high ranch built in 1970
- Includes a 2‑bedroom rental apartment
- Additional basement space included
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 | $112.0k | $40.80 |
| − Vacancy | −$5.0k | −$1.84 |
| EGI | $106.9k | $38.96 |
| − OpEx | −$32.1k | −$11.69 |
| NOI | $74.8k | $27.27 |
2,744 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$935.5K – $1.25M
NOI $74,842 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$991.4K
$867.5K – $1.16M
NOI $69,399 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,650 @ 7.0% cap · market cap 9.27%
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 - Two-family High Ranch featuring a two-bedroom rental apartment with additional basement space.
Where is this duplex located?
The property is located at 69 Fraser Street Staten Island, NY.
What is the asking price?
The asking price for this property is $988,888.
What are key features of this property?
This property features: Two‑family high ranch built in 1970; Includes a 2‑bedroom rental apartment; Additional basement space included
