Two-Residence
For Sale
$1,198,000
109 Gower Street, Staten Island, NY 10314
Built in 2022, the semi-attached property contains two residences and six bedrooms.
Property Size2,188 SF
Lot Size0.07 Acres
Price / SF$386.58
Days on Market8
Property Features for 109 Gower Street
General Information
Standard status
Active
Size
2,188 SF
Lot size
0.07 Acres
Property subtype
Half Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,027
Building Details
Building Size
2,188 SF
Year Built
2022
Buildings
1
Listing Agency:
Tiger Realty
Listed By:
Liuhong Ren
(917) 708-9966
Source:
Wonicarealtors
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 27 at 12:00AM
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 Tiger Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This semi-attached duplex in Staten Island contains two residences with a combined area of approximately 3,099 square feet. The property was built in 2022 and sits on a 33 x 95-foot lot, with six bedrooms across the two homes. The owners have made upgrades since purchasing the property.
At 109 Gower Street in the Manor Heights neighborhood, the property is near the Staten Island Expressway. Shopping, dining, and public transportation are available along nearby Victory Boulevard.
At 109 Gower Street in the Manor Heights neighborhood, the property is near the Staten Island Expressway. Shopping, dining, and public transportation are available along nearby Victory Boulevard.
Key Highlights
- Two residences with six bedrooms in total
- Approximately 3,099 square feet of interior space
- 33 x 95‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,525
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,690,500
$1.7M
Cap Rate 7%
$1,207,500
$1.2M
Cap Rate 9%
$939,167
$939.2K
Market Conditions
NOI Build-Up for 3,099 SF
Gross rent
$126.4K $40.80/SF
− Vacancy
−$5.7K −$1.84/SF
EGI
$120.7K $38.96/SF
− OpEx
−$36.2K −$11.69/SF
NOI
$84.5K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,690,500
Cap Rate 7%
$1,207,500
Cap Rate 9%
$939,167
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,525 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$1.12M
$979.7K – $1.31M
NOI $78,377 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,507 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
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
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2022, the semi-attached property contains two residences and six bedrooms.
Where is this duplex located?
The property is located at 109 Gower Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Two residences with six bedrooms in total; Approximately 3,099 square feet of interior space; 33 x 95‑foot lot
