Two-Family Home with Detached
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.
(917) 881-5289
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.
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
NOI $39,391 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$501.8K
$439.1K – $585.5K
NOI $35,127 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$755.8K
$661.3K – $881.8K
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
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