Two-Family Investment
94 Gordon Street Staten Island, NY 10304
For Sale
$748,888
Fully tenant-occupied two-family home generating rental income, positioned for steady, long-term residential investment.
Property Size1,512 SF
Price / SF$495.30
Days on Market495
Property Features for 94 Gordon Street
General Information
- Standard status
- Active
- Size
- 1,512 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1920
Listing Agency:
DiTommaso Real Estate
(917) 256-9985
Listed By:
Marietta Vinocur · License #10401303220
(917) 256-9985
Source:
Compass
Added: Mar 17, 2025
Changed: Jul 22
Last Checked: Jul 23 at 10:58AM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This well-maintained two-family residence is fully tenant occupied and designed to support reliable rental income. Each unit offers comfortable living space, and the property is positioned for an investor seeking a turnkey, income-producing asset.
The property is located at 94 Gordon Street, Staten Island, NY 10304, with convenience to SI Ferry, public transportation, and local amenities.
For investors, the current occupancy provides immediate income, with the property’s two-unit configuration offering multiple revenue streams within a single investment.
The property is located at 94 Gordon Street, Staten Island, NY 10304, with convenience to SI Ferry, public transportation, and local amenities.
For investors, the current occupancy provides immediate income, with the property’s two-unit configuration offering multiple revenue streams within a single investment.
Key Highlights
- Two‑family home built in 1920 with 2 full baths
- Currently fully tenant‑occupied, providing immediate rental income
- Gas hot water heating with A/C units in place
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 | $58.1k | $38.40 |
| − Vacancy | −$4.7k | −$3.10 |
| EGI | $53.4k | $35.30 |
| − OpEx | −$16.0k | −$10.59 |
| NOI | $37.4k | $24.71 |
1,512 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$533.8K
$467.0K – $622.7K
NOI $37,363 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$489.2K
$428.0K – $570.7K
NOI $34,241 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$721.4K
$631.3K – $841.7K
NOI $50,501 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully tenant-occupied two-family home generating rental income, positioned for steady, long-term residential investment.
Where is this duplex located?
The property is located at 94 Gordon Street Staten Island, NY.
What is the asking price?
The asking price for this property is $748,888.
What are key features of this property?
This property features: Two‑family home built in 1920 with 2 full baths; Currently fully tenant‑occupied, providing immediate rental income; Gas hot water heating with A/C units in place
