Residential Income Duplex with
For Sale
$829,999
Pending
212 Gervil St, Staten Island, NY 10309
Duplex-style property features a main residence plus a separate one-bedroom apartment, with off-street parking and private outdoor space.
Property Size2,496 SF
Days on Market196
Property Features for 212 Gervil St
General Information
Standard status
Pending
Size
2,496 SF
Property subtype
Multi-Family
Building Details
Year Built
1986
Listing Agency:
Tom Crimmins Realty, Ltd.
Listed By:
Steven Schwab · License #10401349960
(718) 370-3200
Source:
Statenislandhomelistings
Added: Mar 31
Changed: Oct 1
Last Checked: Oct 11 at 6:35AM
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 Tom Crimmins Realty, Ltd.
Investment Insights
Based on property information with market context.
This for-sale residential income property at 212 Gervil Street includes a main residence and a separate one-bedroom apartment. The entry level has a garage, a generous family room with sliding doors to the backyard, and a finished, high-ceiling basement with an additional half bathroom. The upper level offers an open-concept living and dining area flowing into the kitchen, along with three bedrooms and a primary bedroom with direct access to a full bathroom. The separate one-bedroom apartment has its own utilities, providing flexibility for extended family use or rental occupancy.
The property includes an expansive concrete yard designed for low maintenance, with outdoor space suitable for gatherings and everyday enjoyment. Multiple driveways provide off-street parking. The home is described as conveniently located near shopping, restaurants, transportation, major roadways, and everyday amenities.
For tenants, buyers, or owner-occupants seeking a dual-configuration setup, the layout supports comfortable living with additional finished basement space and a separate apartment that can be managed independently due to its own utilities. Off-street parking and private backyard space add practicality for daily routines, while the overall configuration offers multiple ways to use the property.
The property includes an expansive concrete yard designed for low maintenance, with outdoor space suitable for gatherings and everyday enjoyment. Multiple driveways provide off-street parking. The home is described as conveniently located near shopping, restaurants, transportation, major roadways, and everyday amenities.
For tenants, buyers, or owner-occupants seeking a dual-configuration setup, the layout supports comfortable living with additional finished basement space and a separate apartment that can be managed independently due to its own utilities. Off-street parking and private backyard space add practicality for daily routines, while the overall configuration offers multiple ways to use the property.
Key Highlights
- Duplex‑style setup with a main residence plus a separate one‑bedroom apartment
- Year built: 1986
- Entry level includes a garage and a family room with sliding doors to the backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,071
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,420
$1.2M
Cap Rate 7%
$886,729
$886.7K
Cap Rate 9%
$689,678
$689.7K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$92.9K $37.20/SF
− Vacancy
−$4.2K −$1.67/SF
EGI
$88.7K $35.53/SF
− OpEx
−$26.6K −$10.66/SF
NOI
$62.1K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,420
Cap Rate 7%
$886,729
Cap Rate 9%
$689,678
Alternative Uses
Best Use
Multifamily LT 5
$886.7K
$775.9K – $1.03M
NOI $62,071 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$790.7K
$691.9K – $922.5K
NOI $55,351 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,367 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex-style property features a main residence plus a separate one-bedroom apartment, with off-street parking and private outdoor space.
Where is this duplex located?
The property is located at 212 Gervil St 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: Duplex‑style setup with a main residence plus a separate one‑bedroom apartment; Year built: 1986; Entry level includes a garage and a family room with sliding doors to the backyard
