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Brick Duplex with Finished Basement
For Sale
$699,000
Pending

75 Gower Street, Staten Island, NY 10314

Residential, Staten Island, NY

Property Size1,350 SF
Lot Size0.05 Acres
Days on Market61

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 Dining Room, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking features On Street, Driveway, Off 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 Pending
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 Forced Air, Natural Gas
Cooling system Central Air

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
Added: Jul 23 Changed: Sep 21 Last Checked: Sep 21 at 11:06PM
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-style duplex at 75 Gower Street offers 1,350 square feet of living space on a 0.047-acre lot. The residence includes three bedrooms, two bathrooms, dining space, hardwood flooring in the main living areas, and a finished basement that adds flexible interior area. Brick and vinyl siding frame the exterior, while a patio, deck, and fenced yard extend the usable space outdoors.

The property has natural gas forced-air heat, central air conditioning, and public sewer service. Parking is available through the driveway, off-street spaces, and on-street options. Built in 1999, the home also includes a dishwasher, refrigerator, microwave, washer, and dryer. Its Staten Island setting places it near shopping, parks, and transportation.

Key Highlights

  • Duplex with 1,350 square feet of living space
  • Three bedrooms and two bathrooms
  • Finished basement adds flexible 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

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Colonial duplex with hardwood floors, a finished basement, central air, and multiple parking options.
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: Duplex with 1,350 square feet of living space; Three bedrooms and two bathrooms; Finished basement adds flexible interior space
More about this property
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