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59 Gibson Avenue, Staten Island, NY, 10308
Two-Family Home with Detached Garage

59 Gibson Avenue Staten Island, NY 10308

For Sale
Contact for pricing
Pending

Two spacious 5-room units, hardwood floors, detached 2-car garage, and an unfinished basement on a large lot.

Property Size1,584 SF
Days on Market259

Property Features for 59 Gibson Avenue

General Information

Standard status
Pending
Size
1,584 SF
Property subtype
Multifamily

Building Details

Year Built
1930
Listing Agency: Homesite Realty Inc.
Listed By: Lisa Imbasciani · License #10311202140
Source: Crexi
Added: Nov 6, 2025 Changed: Jul 21 Last Checked: Jul 23 at 11:09AM

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 Homesite Realty Inc.


Investment Insights

Based on property information with market context.

This classic two-family home offers two spacious 5-room units with formal living and dining rooms and eat-in kitchens. Hardwood floors run throughout, and the interiors are clean and well maintained, presenting as move-in ready. The first-floor unit includes 2 bedrooms. The second-floor unit features 1 bedroom plus a versatile office or nursery. Additional space is available in the full unfinished basement, along with room to personalize the exterior and interior finishes.

The property is located on Gibson Avenue on Staten Island, set along a tree-lined street. A detached 2-car garage supports convenient off-street parking.

Recent updates include a newer roof and newer heating system, providing added comfort for future owners while the basement and exterior offer opportunities for upgrades.

Key Highlights

  • Classic 2‑family home built in 1930 with two spacious 5‑room units
  • Each unit offers a formal living room, formal dining room, and eat‑in kitchen with hardwood floors
  • First‑floor unit has 2 bedrooms; second‑floor unit has 1 bedroom plus an office or nursery

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 $58.9k $37.20
− Vacancy −$2.7k −$1.67
EGI $56.3k $35.53
− OpEx −$16.9k −$10.66
NOI $39.4k $24.87
1,584 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$562.7K
$492.4K – $656.5K (±1% cap)
NOI $39,391 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$501.8K
$439.1K – $585.5K (±1% cap)
NOI $35,127 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$755.8K
$661.3K – $881.8K (±1% cap)
NOI $52,906 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Parking Lot & Garage Spa & Massage Center Hair Salon Barber Shop Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two spacious 5-room units, hardwood floors, detached 2-car garage, and an unfinished basement on a large lot.
Where is this duplex located?
The property is located at 59 Gibson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Classic 2‑family home built in 1930 with two spacious 5‑room units; Each unit offers a formal living room, formal dining room, and eat‑in kitchen with hardwood floors; First‑floor unit has 2 bedrooms; second‑floor unit has 1 bedroom plus an office or nursery
(917) 881-5289 Call to check price and availability
More about this property
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