Legal Two-Family Colonial
159 Aspinwall Street Staten Island, NY 10307
159 Aspinwall Street, Staten Island, NY, 10307
$1,299,900
Pending
For Sale
$1,299,900
Pending
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size4,188 SF
Lot Size0.23 Acres
Days on Market40
Property Features for 159 Aspinwall Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3X
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 6, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 6, Bathroom 2, Bedroom 4
- Parking features
- Carport
- Exterior features
- Balcony
- Fencing
- Fenced
- Basement
- Full, Finished
- Standard status
- Pending
- Size
- 4,188 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12470
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Stucco
- Architectural style
- Colonial
Listing Agency
Homes R Us Realty of NY, Inc.
(718) 668-2550
111 Fingerboard Road, Staten Island, NY
Listed by
Gennady Gary Papirov
(917) 856-2012
Added: Jun 10 Checked: Jul 19 at 4:06 pm
MLS# 2603262
Listing URL
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 legal two-family Colonial offers 4,188 square feet with two separate living setups. The main residence includes four bedrooms and four bathrooms, supported by a gracious entry, formal living and dining rooms, and a large family room featuring a cozy fireplace. A finished basement adds additional interior space and includes a second fireplace, offering options for recreation or extended living. Hardwood floors run throughout, and the home is served by a multi-zone heating system. Outside, the property includes a two-car garage, an oversized lot, and a built-in in-ground pool.
The property is located at 159 Aspinwall Street on Staten Island’s South Shore. The listing describes convenient proximity to schools, parks, shopping centers, restaurants, and public transportation.
For buyers considering an owner-occupant or rental arrangement, the layout supports extended-family use or income potential through a large two-bedroom apartment on the second floor. With a solid interior foundation that is described as dated, the home is positioned for a buyer who wants to customize a substantial two-family structure to fit their preferences and operating goals.
The property is located at 159 Aspinwall Street on Staten Island’s South Shore. The listing describes convenient proximity to schools, parks, shopping centers, restaurants, and public transportation.
For buyers considering an owner-occupant or rental arrangement, the layout supports extended-family use or income potential through a large two-bedroom apartment on the second floor. With a solid interior foundation that is described as dated, the home is positioned for a buyer who wants to customize a substantial two-family structure to fit their preferences and operating goals.
Key Highlights
- 4,188 sq. ft. legal two‑family Colonial built in 1980 on a 9,869 sq. ft. lot
- Main residence includes four bedrooms and four bathrooms; second‑floor apartment offers two bedrooms
- Finished basement with additional living space and a second fireplace
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 | $155.8k | $37.20 |
| − Vacancy | −$7.0k | −$1.67 |
| EGI | $148.8k | $35.53 |
| − OpEx | −$44.6k | −$10.66 |
| NOI | $104.1k | $24.87 |
4,188 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.74M
NOI $104,148 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$1.33M
$1.16M – $1.55M
NOI $92,873 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,880 @ 7.0% cap · market cap 10.76%
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 - Spacious two-family Colonial with four-bedroom main residence, separate second-floor unit, and finished basement for flexible living.
Where is this duplex located?
The property is located at 159 Aspinwall Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 4,188 sq. ft. legal two‑family Colonial built in 1980 on a 9,869 sq. ft. lot; Main residence includes four bedrooms and four bathrooms; second‑floor apartment offers two bedrooms; Finished basement with additional living space and a second fireplace
