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Colonial Duplex with Finished Basement
For Sale
$699,000

75 Gower Street, Staten Island, NY 10314

SINGLE_FAMILY - Colonial - Staten Island, NY

Property Size1,350 SF
Lot Size0.05 Acres
Price / SF$517.78
Days on Market23

Property Features for 75 Gower Street

General Information

Property type Residential
Property subtype Duplex
Zoning R3-1
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 3, Bedroom 1, Bedroom 2, Dining Room, Bathroom 1, Bathroom 2
Parking features Off Street, Driveway, On Street
Window features Skylight(s)
Patio and Porch features Patio, Deck
Fencing Fenced
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features Front Yard, Back Yard
Subdivision Castletn Corner
Standard status Active
APN 00712-0049
Size 1,350 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 1919

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

hardwood floors
finished basement

Building Details

Year built 1999
Floors in Building 2
Building materials Brick, Vinyl Siding
Architectural style Colonial
Listing Agency: Tom Crimmins Realty, Ltd.
Listed By: Anthony J Cammaroto · License #10401332331
Added: Jul 23 Changed: Aug 13 Last Checked: Aug 14 at 10:06AM
MLS# 2604155

Copyright © 2026 Staten Island Board of Realtors. 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 Colonial duplex at 75 Gower Street offers 1,350 square feet with three bedrooms, two bathrooms, dining space, and a finished basement. Hardwood floors extend through the main living areas, while brick and vinyl siding shape the exterior. The home was built in 1999 and includes a kitchen equipped with a dishwasher, dryer, microwave, refrigerator, and washer. Natural-gas forced-air heat and central air provide year-round mechanical service.

The 0.047-acre lot is fenced and includes a patio, deck, driveway, and off-street parking, with additional on-street parking available. Public sewer serves the property, which is located in Staten Island, NY 10314. R3-1 zoning and the documented duplex classification further identify the asset.

Key Highlights

  • 1,350‑square‑foot Colonial duplex built in 1999
  • Three bedrooms and two bathrooms with dining room
  • Finished basement adds usable interior space

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,821
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,420 $736.4K
Cap Rate 7%
$526,014 $526.0K
Cap Rate 9%
$409,122 $409.1K
Market Conditions
NOI Build-Up for 1,350 SF 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.
Gross rent
$55.1K $40.80/SF
− Vacancy
−$2.5K −$1.84/SF
EGI
$52.6K $38.96/SF
− OpEx
−$15.8K −$11.69/SF
NOI
$36.8K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,420
Cap Rate 7%
$526,014
Cap Rate 9%
$409,122

Alternative Uses

Best Use
Multifamily LT 5
$526.0K
$460.3K – $613.7K (±1% cap)
NOI $36,821 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$487.8K
$426.8K – $569.1K (±1% cap)
NOI $34,143 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$644.1K
$563.6K – $751.5K (±1% cap)
NOI $45,090 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Repair Shop Hair Salon Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,340
Businesses Nearby

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick-and-vinyl-sided duplex with hardwood floors, central air, and a finished basement for additional usable space.
Where is this duplex located?
The property is located at 75 Gower Street Staten Island, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,350‑square‑foot Colonial duplex built in 1999; Three bedrooms and two bathrooms with dining room; Finished basement adds usable interior space
More about this property
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