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    Resort-Style Colonial in Tottenville Title is generated by Realmo AI

    21 Sprague Avenue, Staten Island, NY 10307

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    Claim this Listing
    For Sale
    $1,599,999

    Luxurious 6-bedroom, 4-bath home with resort-style amenities.

    Type:Multi Family
    Property size:
    5,000 SF
    Price / SF:
    $319/SF
    Added:
    Apr 9, 2025
    Days on Market:
    429
    Last Refresh:
    May 28 at 12:45 pm

    Property Features for 21 Sprague Avenue

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Multi Family

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    Listing Contact
    Gabriel Lian

    Listing agent Gabriel Lian

    Listing office Gama Group LLC

    Listing date Apr 9, 2025

    Source Exitrealty

    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 Gama Group LLC

    HighLights

    • Resort‑style backyard featuring a 6ft pool, slide, gazebos, playground, and outdoor HDMI connection.
    • Custom 2‑family home offering 6 bedrooms, 4 baths, and 5,000 sqft of living space.
    • Chef's kitchen boasts quartz countertops, Wolf range with pot filler, Subzero fridge/wine fridge combo, and walk‑in pantry/laundry room.
    • First‑floor master bedroom with walk‑in closet, ¾ bath, and split unit AC.
    • Separate studio/loft apartment with ¾ bath and kitchen connections.
    • Radiant heating, custom wainscotting/moldings, and high‑hat lighting throughout the first floor.

    Overview

    This custom 2-family resort-style colonial is located in the Tottenville neighborhood and features 6 bedrooms and 4 baths within its 5,000 sqft of living space. The first floor includes radiant heating, custom wainscotting and moldings, high hat lighting, porcelain tiles, and a sunken living room with vaulted ceilings. A formal dining room is also located on the first floor, along with the master bedroom, which features a walk-in closet, ¾ bath, and its own split unit AC, as well as an additional bedroom/office. The kitchen includes an eat-in design, quartz countertops, backsplash, and island, a Wolf range with pot filler, a double-wide Subzero fridge and wine fridge combo, a walk-in pantry/laundry room, and soft-close cabinets. The first floor also features a ¾ bath, 8 leased solar panels, 3 AC units, and a tankless water system. A separate studio/loft apartment with a ¾ bath, kitchen connections, and a hidden closet is also included. The second floor features 4 bedrooms, 2 baths, a steam shower, and a walk-in closet with custom shelving. The exterior includes a children's playground, a 6ft pool with a slide, resort-style gazebos, and an HDMI connection for backyard TV viewing. The cobblestone driveway with pathway lighting leads to the 2-car garage that includes its own split unit and durable epoxy floors.

    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 $186.0k $37.20
    − Vacancy −$8.4k −$1.67
    EGI $177.6k $35.53
    − OpEx −$53.3k −$10.66
    NOI $124.3k $24.87
    5,000 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.78M
    $1.55M – $2.07M (±1% cap)
    NOI $124,341 @ 7.0% cap · market cap 7.77%
    Second Best
    Apartment 5plus
    $1.58M
    $1.39M – $1.85M (±1% cap)
    NOI $110,880 @ 7.0% cap · market cap 6.93%
    Theoretical Best
    Office A
    $2.39M
    $2.09M – $2.78M (±1% cap)
    NOI $167,001 @ 7.0% cap · market cap 10.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.239755
    Latitude
    40.510768

    FAQs

    What type of property is this?
    Duplex - Luxurious 6-bedroom, 4-bath home with resort-style amenities.
    Where is this duplex located?
    The property is located at 21 Sprague Avenue Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,599,999.
    What are key features of this property?
    This property features: Resort‑style backyard featuring a 6ft pool, slide, gazebos, playground, and outdoor HDMI connection.; Custom 2‑family home offering 6 bedrooms, 4 baths, and 5,000 sqft of living space.; Chef's kitchen boasts quartz countertops, Wolf range with pot filler, Subzero fridge/wine fridge combo, and walk‑in pantry/laundry room.
    More about this property
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