Two-Family Residence with
231 Gervil Street Staten Island, NY 10309
231 Gervil Street, Staten Island, NY, 10309
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - Staten Island, NY
Property Size2,200 SF
Lot Size0.07 Acres
Price / SF$500
Days on Market24
Property Features for 231 Gervil Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3X
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
- Parking features
- Garage
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8872
Building Details
- Year built
- 1999
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
Listing Agency
Momentum Real Estate LLC
(718) 382-0001
1703 86 Street, Brooklyn, NY
Listed by
Meijuan (Minnie) Lin
(718) 382-0001
Added: Jun 24 Checked: Jul 17 at 10:06 pm
MLS# 502552
Listing URL
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.
Investment Insights
Based on property information with market context.
This two-family residence is presented in excellent condition and is designed for comfortable, self-contained living. The first-floor unit features three bedrooms and two bathrooms, including one full and one half bathroom. The second-floor unit offers two bedrooms and one full bathroom. The property also includes a private driveway, a built-in garage, and ample storage space to support day-to-day needs.
The home is located on Gervil Street in Staten Island, NY 10309. Public remarks indicate convenience to shopping, schools, parks, and transportation, which can help support tenant accessibility and routine errands.
With separate unit layouts, this property can fit buyers looking for residential income through an owner-occupied or investment structure. The built-in garage and storage add practical value for tenants or occupants, while the private driveway supports off-street arrival and parking. Presented as move-in ready, it offers a straightforward option for those seeking a well-maintained two-family setup in a residential area.
The home is located on Gervil Street in Staten Island, NY 10309. Public remarks indicate convenience to shopping, schools, parks, and transportation, which can help support tenant accessibility and routine errands.
With separate unit layouts, this property can fit buyers looking for residential income through an owner-occupied or investment structure. The built-in garage and storage add practical value for tenants or occupants, while the private driveway supports off-street arrival and parking. Presented as move-in ready, it offers a straightforward option for those seeking a well-maintained two-family setup in a residential area.
Key Highlights
- Two‑family home in excellent condition
- Built in 1999 with hardwood flooring
- First‑floor unit: 3 bedrooms and 2 bathrooms (1 full, 1 half)
Local 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 | $81.8k | $37.20 |
| − Vacancy | −$3.7k | −$1.67 |
| EGI | $78.2k | $35.53 |
| − OpEx | −$23.4k | −$10.66 |
| NOI | $54.7k | $24.87 |
2,200 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.8K
NOI $54,710 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K
NOI $48,787 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Move-in-ready two-family home offering two separate units with multiple bedrooms and dedicated off-street parking.
Where is this duplex located?
The property is located at 231 Gervil Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family home in excellent condition; Built in 1999 with hardwood flooring; First‑floor unit: 3 bedrooms and 2 bathrooms (1 full, 1 half)
