Two-Family Duplex with
For Sale
$1,279,900
Pending
975 Lamont Avenue, Staten Island, NY 10309
A finished basement with a sauna adds flexible space to this residential property.
Property Size2,650 SF
Days on Market9
Property Features for 975 Lamont Avenue
General Information
Standard status
Pending
Size
2,650 SF
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
R3X
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,836
Amenities
sauna
gazebo
radiant heated floors
fireplace
solar panels
central air
1
true
4
Walk-In Closet(s)
Front Yard,Back Yard
4032
42x96
0.09
Carport
Balcony
2650
Building Details
Building Size
2,650 SF
Year Built
2005
Buildings
1
Stories
3
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Source:
Matiasrealestatenyc
Added: Oct 29
Changed: Nov 5
Last Checked: Nov 5 at 8:59AM
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.
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Investment Insights
Based on property information with market context.
Built in 2005, this two-family duplex offers 2,650 square feet with four bedrooms and four bathrooms. Interior features include a studio apartment, a finished basement with a sauna, and a primary suite with a walk-in closet and private four-piece bath. The kitchen has two sinks, quartz countertops, and radiant heat that continues into the adjoining family room, which includes a fireplace and sliding doors to the backyard. Solar panels and three-zone central air are also part of the property.
The home is at 975 Lamont Avenue in Staten Island, near Bloomingdale Park, schools, shopping, and restaurants. The property is zoned R3X and includes a 42x96-foot lot.
The home is at 975 Lamont Avenue in Staten Island, near Bloomingdale Park, schools, shopping, and restaurants. The property is zoned R3X and includes a 42x96-foot lot.
Key Highlights
- Two‑family duplex with 2,650 square feet
- Four bedrooms and four bathrooms
- Finished basement with sauna and a studio apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,901
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,318,020
$1.3M
Cap Rate 7%
$941,443
$941.4K
Cap Rate 9%
$732,233
$732.2K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$98.6K $37.20/SF
− Vacancy
−$4.4K −$1.67/SF
EGI
$94.1K $35.53/SF
− OpEx
−$28.2K −$10.66/SF
NOI
$65.9K $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%
$1,318,020
Cap Rate 7%
$941,443
Cap Rate 9%
$732,233
Alternative Uses
Best Use
Multifamily LT 5
$941.4K
$823.8K – $1.10M
NOI $65,901 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$839.5K
$734.6K – $979.4K
NOI $58,766 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M
NOI $88,511 @ 7.0% cap · market cap 6.92%
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
360
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A finished basement with a sauna adds flexible space to this residential property.
Where is this duplex located?
The property is located at 975 Lamont Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,279,900.
What are key features of this property?
This property features: Two‑family duplex with 2,650 square feet; Four bedrooms and four bathrooms; Finished basement with sauna and a studio apartment
