Two-Unit Brick
New
For Sale
$1,198,000
109 Gower Street, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size2,188 SF
Lot Size0.07 Acres
Price / SF$547.53
Days on Market4
Property Features for 109 Gower Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
6
Bathrooms
5
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Manor Heights
Standard status
Active
Size
2,188 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
12027
Building Details
Year built
2022
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Liuhong (Yoyo) Ren
(917) 708-9966
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 22 at 5:06AM
MLS# 505467
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2022, this brick duplex contains two residences with six bedrooms in total. Interior finishes include tile and hardwood flooring, and the property has a detached garage. The owners have made upgrades since acquiring the home.
The property is in Staten Island, near the Staten Island Expressway. Victory Boulevard, with shopping, dining, and public transportation, is also nearby.
The property is in Staten Island, near the Staten Island Expressway. Victory Boulevard, with shopping, dining, and public transportation, is also nearby.
Key Highlights
- Two residences with six bedrooms total
- Built in 2022 with brick construction
- R3‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,677
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,193,540
$1.2M
Cap Rate 7%
$852,529
$852.5K
Cap Rate 9%
$663,078
$663.1K
Market Conditions
NOI Build-Up for 2,188 SF
Gross rent
$89.3K $40.80/SF
− Vacancy
−$4.0K −$1.84/SF
EGI
$85.3K $38.96/SF
− OpEx
−$25.6K −$11.69/SF
NOI
$59.7K $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%
$1,193,540
Cap Rate 7%
$852,529
Cap Rate 9%
$663,078
Alternative Uses
Best Use
Multifamily LT 5
$852.5K
$746.0K – $994.6K
NOI $59,677 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$790.5K
$691.7K – $922.3K
NOI $55,337 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.04M
$913.5K – $1.22M
NOI $73,080 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Six bedrooms are arranged across two residences, with a detached garage and R3-1 zoning.
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 total; Built in 2022 with brick construction; R3‑1 zoning
