Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    234 Gervil Street Staten Island, NY 10309

    View on Map
    Claim this Listing
    Pending
    $1,349,999

    MULTI_FAMILY - Staten Island, NY

    Property size:
    3,000 SF
    Lot size:
    0.09 Acres
    Added:
    May 1, 2025
    Days on Market:
    370
    Last Refresh:
    May 5 at 10:06 pm

    Property Features for 234 Gervil Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    R3X
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1
    Parking features
    On Street, Off Street, Carport
    Patio and Porch features
    Deck
    Interior features
    Walk-In Closet(s)
    Basement
    Apartment, Full
    Standard status
    Pending
    APN
    07034-0069
    Size
    3,000 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    13000

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Floors in Building
    2
    Number of units
    2
    Building materials
    Stone, Vinyl Siding

    We can help!

    Listing Contact
    Nicole Molinini
    Nicole Molinini

    Listing agent Nicole Molinini

    Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

    Listing date May 1, 2025

    MLS# 2502457 Listing URL

    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.

    Overview

    New Construction Two-Family Home

    This new construction custom two-family side hall colonial is located in the heart of Rossville. The main house features 4 bedrooms and 3 bathrooms. A studio or 1-bedroom rental unit at the basement level provides an opportunity for extra income. The property features a cedar, impression, and stone facade, a custom eat-in kitchen (EIK), and hardwood floors throughout. The full finished basement excludes flooring in the main unit but includes a recreation room and a legal apartment. The layout of the main unit is as follows: Level 1 includes a foyer, a living/dining combo, a custom island EIK, a family room, laundry facilities, and a half bath. Level 2 features a master bedroom with a 4-piece bath and walk-in closet (WIC), 3 additional bedrooms, and a second full bath. The attic provides additional storage space. The property also includes a built-in one-car garage and a backyard. The lot size is 0.09 acres, and the property size is 3000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.211557
    Latitude
    40.544909

    Nearby Similar for Sale

    • $1,199,000
      3,450 SF

      Staten Island Commercial Property For Sale

      Income-producing commercial property with flexibility for various professional uses.
      2940 Richmond Terrace, Staten Island, NY 10303
      View Details
    • $850,000
      1,612 SF

      Staten Island Commercial Opportunity

      Versatile commercial property with potential for residential conversion.
      1562 Drumgoole Road E, Staten Island, NY 10309
      View Details
    • $950,000

      Staten Island Medical Office Building

      Medical office building with high visibility in prime location.
      3767 Richmond Ave, Staten Island, NY 10312
      View Details
    • $1,450,000
      3,200 SF

      Versatile Staten Island Commercial Property

      Single-story commercial building with office space and high ceilings.
      360 Broadway, Staten Island, NY 10310
      View Details
    • $2,488,888
      5,600 SF

      Prime Commercial Asset with Drive-Thru

      Standalone building in New Dorp business corridor with high visibility.
      257 New Dorp Lane, Staten Island, NY 10306
      View Details
    • $850,000
      2,536 SF

      Staten Island Two-Family Home

      Well-maintained two-family home with flexible living and rental options.
      136 Erika Loop, Staten Island, NY 10312
      View Details
    • $280,000
      1,600 SF

      Established Gift Shop on Staten

      Turnkey gift shop with high profit margin for sale.
      933 Richmond Avenue, Staten Island, NY 10314
      View Details
    • $950,000
      3,542 SF

      Staten Island Multifamily Opportunity

      Fully vacant, renovated multifamily home with income potential.
      7355 Amboy Road, Staten Island, NY 10307
      View Details
    • $4,500,000
      11,250 SF

      Staten Island Commercial Building For Sale

      Commercial building near downtown St George, high-traffic location.
      526 Richmond Terrace, Staten Island, NY 10301
      View Details
    • $1,490,000

      Staten Island Mixed-Use Investment

      Vacant mixed-use building near Verrazano Bridge with high potential.
      233 Sand Lane, Staten Island, NY 10305
      View Details
    • $1,980,000
      5,060 SF

      Staten Island Two-Family Home

      Spacious two-family home on oversized lot with income potential.
      451 Yetman Avenue, Staten Island, NY 10307
      View Details
    • $895,999
      1,920 SF

      Spacious Colonial Multi-Family Home

      Two-family home with studio apartment, yard, and driveway.
      66 Plumtree Lane, Staten Island, NY 10309
      View Details

    FAQs

    What type of property is this?
    Duplex - New construction two-family home with rental income potential in Rossville.
    Where is this duplex located?
    The property is located at 234 Gervil Street Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,349,999.
    What are key features of this property?
    This property features: New Construction: Custom 2 Family Side Hall Colonial built in 2025.; Income Potential: Includes a studio or 1 bedroom rental apartment in the basement.; **4 Bedrooms, 3 Baths in the main house, including a master suite with a 4‑piece bath and walk‑in closet.**
    (718) 987-7900
    We can help!
    Listing Contact
    Nicole Molinini
    Nicole Molinini
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    234 Gervil Street, Staten Island, NY 10309
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!