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Two-Unit Residential Income Property

212 Gervil Street Staten Island, NY 10309

212 Gervil Street, Staten Island, NY, 10309
$829,999
Pending
For Sale
$829,999
Pending

MULTI_FAMILY - Staten Island, NY

Property Size2,496 SF
Lot Size0.08 Acres
Days on Market39

Property Features for 212 Gervil Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Driveway, Garage
Patio and Porch features
Patio
Fencing
Chain Link, Fenced
Basement
Finished, Full
Standard status
Pending
APN
07034-0057
Size
2,496 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
8903

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
1986
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Listing agency Tom Crimmins Realty, Ltd.
Listed by Steven Schwab
Added: Jun 15 Updated: Jul 16 at 1:22PM Checked: Jul 23 at 10:06AM
MLS# 2603358

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.

212 Gervil Street presents a two-unit residential income setup with a main residence and a separate one-bedroom apartment. The entry level includes a garage plus a generous family room with sliding doors that open to the backyard. Upstairs, an open living and dining area flows into the kitchen, supported by three bedrooms, including a primary bedroom with direct access to a full bathroom and ample closet space. The fully finished basement adds flexible room for recreation, a home office, a gym, or guest accommodations, with high ceilings and a half bathroom.

Outside, the private backyard features an expansive concrete yard designed for low maintenance and year-round gatherings. Multiple driveways support off-street parking. The property is described as conveniently located near shopping, restaurants, transportation, major roadways, and everyday amenities.

This layout can suit owner-occupants seeking additional income through a separately metered one-bedroom apartment, while still offering substantial living space in the main home. The finished basement provides extra usable square footage for a variety of household needs, and the presence of multiple driveways and a concrete yard can support practical day-to-day use.

Key Highlights

  • Multi‑family home on 212 Gervil Street built in 1986 with brick and vinyl siding exterior
  • Separate one‑bedroom apartment with its own utilities
  • Entry level includes a garage plus a family room with sliding doors to the backyard

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 $92.9k $37.20
− Vacancy −$4.2k −$1.67
EGI $88.7k $35.53
− OpEx −$26.6k −$10.66
NOI $62.1k $24.87
2,496 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$886.7K
$775.9K – $1.03M (±1% cap)
NOI $62,071 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$790.7K
$691.9K – $922.5K (±1% cap)
NOI $55,351 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,367 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Hair Salon Spa & Massage Center Dental Office Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-configured two-unit home with garage, finished basement, and a separate one-bedroom apartment with its own utilities.
Where is this duplex located?
The property is located at 212 Gervil Street Staten Island, NY.
What is the asking price?
The asking price for this property is $829,999.
What are key features of this property?
This property features: Multi‑family home on 212 Gervil Street built in 1986 with brick and vinyl siding exterior; Separate one‑bedroom apartment with its own utilities; Entry level includes a garage plus a family room with sliding doors to the backyard
Contact an agent
More about this property
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