104 Fahy Avenue is a 2 family home with 4 bedrooms 3 bathrooms. This is a great investment opportunity in the real estate market here on Staten Island. As the opportunities have been dwindling a 2 family property like this is truly a once in a blue moon chance for an investment on the island. A quick breakdown:

  • Prime Location: Situated in the desirable neighborhood of Bull's Head, this property benefits from its proximity to major transportation including the Staten Island Expressway with a straight shot to Brooklyn and three bridges to New Jersey. This is also ideal for public transportation such as the express bus to Manhattan.
  • Dual-Family Layout: With its setup for two families, this home is perfect for both personal use and rental, providing flexibility for different investment strategies.
  • Modern Amenities: The house is equipped with top-of-the-line kitchen appliances and boasts a spacious backyard, making it even more attractive to potential tenants or buyers.
  • Investment Potential: Located in Graniteville there's serious prospects for long-term value appreciation while simultaneously substantial rental income generation.

This listing is exclusive to Ann Grande of Robert DeFalco Realty, and you can reach her 24/7 via phone or text at 347-837-6989 if you have any questions or are interested.

Key Features and Details for 104 Fahy Ave

  • Modern Kitchen Appliances: Both units are outfitted with state-of-the-art kitchen appliances, elevating the cooking experience.
  • Spacious Backyard: The property boasts a generous backyard space, perfect for outdoor activities and gatherings.
  • Gas Fireplace: Each unit features a cozy gas fireplace, adding both warmth and ambiance.
  • Unfinished basement to finish the way you want
  • Heated garage
  • New additions include:
    • Siding: Installed in 2023
    • Replacement Deck: Added in 2023
    • Hot Water Tanks: Two new tanks installed in 2022
    • Newer Roof: Replaced in 2020
    • Andersen Heat Resistance Windows: Installed in 2020, feature tilt-in for easy cleaning, come with a transferable warranty
    • Newly installed Sliding Door to Deck
    • New Replacement Deck off the Kitchen: Features beautiful new sliding doors

Main Unit

On the main level, the front door welcomes you to a formal living room with a gas fireplace, a dining room, a half bath, and a walk-in coat closet. The eat in kitchen is accessible from the new deck via beautiful sliding doors and includes a laundry closet.

Level 2 has the master bedroom, a full bathroom and the 2nd & 3rd bedroom along with 2 hallway closets.

Rental Unit

The ground floor houses the large one-bedroom apartment, which features a full bath and separate utilities.

Investment Opportunity Through the Dual-Family Layout

This property offers a brilliant and unique money making opportunity on Staten Island. The potential for appreciation on the entire property plus ongoing rental income makes this truly one of a kind. The The dual-family layout offers:

  • Two Separate Living Spaces: Each unit has its own entrance, ensuring privacy for both occupants. Major opportunity for if the apt rental pays for some of the mortgage.
  • Rental Apartment: The second unit can be rented out, generating steady rental income. There is a minimum rent potential of $1500 per month.
  • Separated utilities, the property features separate hot water tanks, gas meter, and electric meter for each unit.

This dual-family configuration maximizes the property’s utility, offering flexibility whether you choose to live in one unit and rent out the other or lease both units. The thoughtful design elements make 104 Fahy Avenue a standout property in Staten Island’s real estate market.

The Lucrative Potential of 104 Fahy Avenue

Investing in 104 Fahy Avenue offers a compelling mix of property investment and rental income potential. This dual-family layout is designed to maximize financial returns. On one hand, it serves as an exceptional primary residence, providing all the amenities needed for comfortable living. On the other hand, it presents an attractive opportunity for generating rental income.

Accessibility to Everywhere

The property is located in the mid-island neighborhood of Bull's Head, near Granitville close to the expressway as well as New Jersey, the West Shore Expressway and Richmond Avenue, which means you have almost immediate access to Brooklyn, New Jersey, the Staten Island Mall, the north shore, the south shore and anywhere. You truly are 20 minutes away from anything on Staten Island and more.  The Verrazano Narrows Bridge is just a short drive away, providing quick access to Brooklyn and Manhattan. The Goethals Bridge, Bayonne Bridge, and the Outerbridge Crossing are minutes away giving you access to much of New Jersey. This is especially beneficial for commuters and those needed public transportation including the Express Bus to Manhattan which jumps on the expressway minutes away from Manhattan!

Community Amenities

Bull's Head is bursting with community options. There is nearby entertainment at the area near the newly renovated Staten Island Mall which includes an AMC dine in movie theater, Dave and Buster's, Macy's and a variety of dining from casual (Shake Shack, Chick fil-A) and Beyond (Angelina's Kitchen, Tommy's Tavern + Tap). This area also features crowd favorite Costco! As far as outdoor activities,  Willowbrook Park, the College of Staten Island, the under-construction massive 2,200 acre Freshkills Park are all accessible in minutes. Clove Lakes Park which provides jogging trails, boating activities, and picnic areas is a mere short drive.

104 Fahy is conveniently located near the College of Staten Island, which includes the CSI High School For International Studies and public schools make this favorable for families with children or anticipating them.

Bottom line, everyday conveniences are within easy reach, making life more enjoyable for residents.

What makes this property stand out?

  • Dual-Family Layout: This feature allows for one unit to be occupied by the owner while the other can be rented out, significantly reducing monthly mortgage costs.
  • High Rental Demand: Staten Island's North Shore neighborhood is known for its high demand for rental properties, offering excellent opportunities for a family home with 4 bedrooms. This ensures a steady stream of tenants and reliable rental income for any family home with 4 bedrooms.
  • Long-term Appreciation comes in part due to new infrastructure developments.: Properties in this area have shown consistent appreciation over the years. While all investments come with risks, investing in this property not only provides immediate rental income but also positions you for substantial capital gains in the future.

Property Facts

  • Date Listed June 22nd, 2024
  • Built in 1987
  • Two family home, sits on a 30 x 105 piece of property
  • main unit and also included is a 1 bedroom apartment rental.
  • Both units have separate gas meter, hot water tanks, and electric meter
  • Minutes away to the Verrazano Narrows bridge as well as 3 bridges to NJ

Contact Ann Grande of Robert DeFalco Realty at 347-837-6989 for more information about this listing or other homes for sale.

View the listing page for the single family home located at 104 Fahy Avenue, Staten Island, NY 10308

Posted by Ann Grande on
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