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Renovated Two-Family Home with Garages

74 Targee Street Staten Island, NY 10304

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Renovated 2-family home with finished basement and detached office.

Type:Multifamily
Property size:
2,000 SF
Lot size:
0.11 Acres
Price / SF:
$449.95/SF
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jul 2 at 8:11 am

Property Features for 74 Targee Street

General Information

Standard status
Active
Size
2,000 SF
Lot size
0.11 Acres
Property subtype
Multifamily

Building Details

Year Built
1935

Listing office Homes R US Realty Of NY Inc

Listing date May 14, 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 Homes R US Realty Of NY Inc


Investment Insights

Based on property information with market context.

This renovated two-family home is located on a 5,000-square-foot lot. The property includes a full-finished basement, spacious apartments, and a detached office/workspace structure. The basement features radiant heated floors. The property also has baseboard heat, a large backyard, and five attached garages. The property offers multiple flexible-use spaces suitable for storage, workspace, hobbies, or extended living needs. It is located near public transportation, shopping, restaurants, schools, and major highways. The property has income-producing potential and is suitable for investors or owner-occupants seeking upside potential and additional garage income. The property size is 2000 square feet.

Key Highlights

  • Fully renovated 2‑family home with income‑producing potential.
  • Detached office/workspace with heated floors.
  • Full finished basement with radiant heated floors.

Local 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 $76.8k $38.40
− Vacancy −$6.2k −$3.10
EGI $70.6k $35.30
− OpEx −$21.2k −$10.59
NOI $49.4k $24.71
2,000 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$706.0K
$617.8K – $823.7K (±1% cap)
NOI $49,422 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$647.0K
$566.2K – $754.9K (±1% cap)
NOI $45,293 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M (±1% cap)
NOI $66,800 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Battiste Aronowsky & Suchow Law Firm

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bakery Acupuncture Computer & Electronic Repair Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated 2-family home with finished basement and detached office.
Where is this duplex located?
The property is located at 74 Targee Street Staten Island, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Fully renovated 2‑family home with income‑producing potential.; Detached office/workspace with **heated floors**.; Full finished basement with radiant **heated floors**.
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