Renovated Two-Family Home with
74 Targee Street, Staten Island, NY 10304
Renovated 2-family home with finished basement and detached office.
Type:Multifamily
Property size:
2,000 SFLot size:
0.11 AcresPrice / SF:
$474/SF- Added:
- May 14, 2026
- Days on Market:
- 17
- Last Refresh:
- May 16 at 8:44 pm
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 agent Gennady (Gary) Papirov License #NY
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
HighLights
- Fully renovated 2‑family home with income‑producing potential.
- Detached office/workspace with heated floors.
- Full finished basement with radiant heated floors.
- 5 attached garages offering exceptional versatility and value.
- Large backyard.
- Convenient location near transportation, shopping, and schools.
Overview
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.
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
NOI $49,422 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$647.0K
$566.2K – $754.9K
NOI $45,293 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M
NOI $66,800 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Battiste Aronowsky & Suchow
Law Firm
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.08376
- Latitude
- 40.625366
Nearby Similar for Sale
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 $949,900.
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**.
