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Duplex with Finished Basement
For Sale
$1,279,900
Pending

975 Lamont Avenue, Staten Island, NY 10309

Residential Income, Staten Island, NY

Property Size2,650 SF
Lot Size0.09 Acres
Days on Market98

Property Features for 975 Lamont Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 4, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features Carport
Patio and Porch features Patio, Deck
Interior features Walk-In Closet(s)
Exterior features Balcony
Basement Full, Finished, Apartment
Lot features Front Yard, Back Yard
Subdivision Woodrow
Standard status Pending
Size 2,650 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 10836

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Cooling system Central Air

Amenities

sauna
gazebo
custom chef's kitchen
fireplace
solar panels
central air
hardwood floors
recessed lighting
custom walk-in closet
motorized blinds
pavers
private backyard

Building Details

Year built 2005
Floors in Building 3
Number of units 2
Building materials Brick, Vinyl Siding
Architectural style Colonial
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Gennady Gary Papirov · License #30PA0885250
Added: Jul 7 Changed: Oct 8 Last Checked: Oct 12 at 6:06PM
MLS# 2603809

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.

Investment Insights

Based on property information with market context.

This legal two-family Colonial residence, built in 2005, provides 2,650 square feet with four bedrooms and four bathrooms. Interior features include a fully finished basement with sauna, a studio apartment, hardwood flooring, recessed lighting, and a custom kitchen with quartz counters, two sinks, and upgraded appliances. The adjoining family room has a fireplace, radiant heated floors, and sliding doors opening to the outdoor area. Brick and vinyl siding frame the home, while central air is arranged across three zones and fully paid-off solar panels add to the property’s systems package.

The property occupies 0.0926 acres at 975 Lamont Avenue in Staten Island, with R3X zoning and public sewer service. Outdoor improvements include a gazebo, patio, deck, balcony, and paved areas around the home. Bloomingdale Park is nearby, with schools, shopping, restaurants, and express transportation to Brooklyn and New York City also identified in the surrounding context.

Key Highlights

  • Legal two‑family Colonial home with 2,650 square feet
  • Four bedrooms, four bathrooms, and a studio apartment
  • Finished basement includes a sauna

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 (±1% cap)
NOI $65,901 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$839.5K
$734.6K – $979.4K (±1% cap)
NOI $58,766 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M (±1% cap)
NOI $88,511 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Restaurant Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family home with a studio apartment, private backyard, and custom kitchen improvements.
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: Legal two‑family Colonial home with 2,650 square feet; Four bedrooms, four bathrooms, and a studio apartment; Finished basement includes a sauna
More about this property
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