Two-Unit Duplex with Rental
88 Santa Monica Lane, Staten Island, NY 10309
For Sale
$899,999
Residential Income, Staten Island, NY
Property Size1,492 SF
Lot Size0.05 Acres
Price / SF$603.22
Days on Market47
Property Features for 88 Santa Monica Lane
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Basement
Lot features
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
HOA Fee
Utilities
Sewer type
Heating system
Cooling system
Amenities
pool
clubhouse
tennis courts
Building Details
Year built
Floors in Building
Number of units
Building materials
Architectural style
Listing Agency:
J Milo Real Estate
Listed By:
Rita Rafano · License NY 40MU1122120
(718) 872-9300
Added: Sep 30
Changed: Nov 12
Last Checked: Nov 15 at 2:06AM
MLS# 2605533
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 88 Santa Monica Lane, this 2005 Colonial duplex offers 1,492 square feet of living area on a 0.0528-acre lot. The primary residence has three bedrooms and two-and-a-half bathrooms, with a custom kitchen, hardwood floors and a gas fireplace. A separate one-bedroom apartment provides a second residential unit. Central air, natural gas hot-water heating, vinyl siding, a deck and driveway parking complete the property. The site is zoned R3-1 and served by public sewer.
The home is within the Maguire Woods community, where residents have access to a pool, clubhouse and tennis courts. Bloomingdale Park is nearby, with shopping and transportation also identified as accessible from the property.
The home is within the Maguire Woods community, where residents have access to a pool, clubhouse and tennis courts. Bloomingdale Park is nearby, with shopping and transportation also identified as accessible from the property.
Key Highlights
- Two‑unit duplex with a three‑bedroom primary residence and separate one‑bedroom apartment
- 1,492 square feet on a 0.0528‑acre lot
- Built in 2005; Colonial style and R3‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,103
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,060
$742.1K
Cap Rate 7%
$530,043
$530.0K
Cap Rate 9%
$412,256
$412.3K
Market Conditions
NOI Build-Up for 1,492 SF
Gross rent
$55.5K $37.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$53.0K $35.53/SF
− OpEx
−$15.9K −$10.66/SF
NOI
$37.1K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,060
Cap Rate 7%
$530,043
Cap Rate 9%
$412,256
Alternative Uses
Best Use
Multifamily LT 5
$530.0K
$463.8K – $618.4K
NOI $37,103 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$472.7K
$413.6K – $551.5K
NOI $33,087 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$711.9K
$622.9K – $830.6K
NOI $49,833 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
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Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Staten Island, NY
Properties on Market for Duplexes in Staten Island
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom primary residence is paired with a separate one-bedroom apartment, offering distinct living spaces under one roof.
Where is this duplex located?
The property is located at 88 Santa Monica Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom primary residence and separate one‑bedroom apartment; 1,492 square feet on a 0.0528‑acre lot; Built in 2005; Colonial style and R3‑1 zoning
