Detached Two-Family Home with
69 Vassar Street Staten Island, NY 10314
For Sale
Contact for pricing
Move-in-ready detached legal two-family residence with updated interiors, off-street parking, and a paved driveway.
Property Size2,324 SF
Price / SF$537.87
Days on Market60
Property Features for 69 Vassar Street
General Information
- Standard status
- Active
- Size
- 2,324 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency:
Ashford Homes LLC
Listed By:
Ida Kaman Wong · License #10401332562
Source:
Crexi
Added: May 28
Changed: Jul 21
Last Checked: Jul 25 at 1:12PM
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.
This beautifully maintained detached legal two-family home offers a spacious, move-in-ready layout with an open-concept living and dining area, hardwood flooring, and recessed lighting. The main residence includes oversized bedrooms, updated spa-inspired bathrooms, and a renovated kitchen with custom cabinetry, stone countertops, stainless steel appliances, and a subway tile backsplash. Flexible additional rooms provide options such as a home office, gym, guest room, or playroom.
The property also includes an income-producing apartment suitable for rental income or multi-generational living arrangements. Outside, the oversized paved driveway provides ample off-street parking, and there is a spacious rear outdoor area with flexibility for everyday use. A built-in Tesla charger adds convenience for electric vehicle owners.
Located near shopping, dining, parks, schools, transportation, and major highways, this two-family home combines updated living space with practical site amenities.
The property also includes an income-producing apartment suitable for rental income or multi-generational living arrangements. Outside, the oversized paved driveway provides ample off-street parking, and there is a spacious rear outdoor area with flexibility for everyday use. A built-in Tesla charger adds convenience for electric vehicle owners.
Located near shopping, dining, parks, schools, transportation, and major highways, this two-family home combines updated living space with practical site amenities.
Key Highlights
- Detached legal two‑family home built in 1965 with updated, move‑in‑ready interiors
- Open‑concept living and dining area with hardwood floors and recessed lighting
- Renovated kitchen with custom cabinetry, stone countertops, stainless steel appliances, and subway tile backsplash
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 | $94.8k | $40.80 |
| − Vacancy | −$4.3k | −$1.84 |
| EGI | $90.6k | $38.96 |
| − OpEx | −$27.2k | −$11.69 |
| NOI | $63.4k | $27.27 |
2,324 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$905.5K
$792.3K – $1.06M
NOI $63,387 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$839.7K
$734.7K – $979.6K
NOI $58,777 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.11M
$970.3K – $1.29M
NOI $77,622 @ 7.0% cap · market cap 6.21%
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 - Move-in-ready detached legal two-family residence with updated interiors, off-street parking, and a paved driveway.
Where is this duplex located?
The property is located at 69 Vassar Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Detached legal two‑family home built in 1965 with updated, move‑in‑ready interiors; Open‑concept living and dining area with hardwood floors and recessed lighting; Renovated kitchen with custom cabinetry, stone countertops, stainless steel appliances, and subway tile backsplash
