Legal Two-Family Colonial
159 Aspinwall Street Staten Island, NY 10307
For Sale
$1,299,900
Pending
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size4,188 SF
Lot Size0.23 Acres
Days on Market47
Property Features for 159 Aspinwall Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3X
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 4, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
- Parking features
- Carport
- Exterior features
- Balcony
- Fencing
- Fenced
- Basement
- Finished, Full
- 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
- Hot Water(Heating), Natural Gas
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
Listed By:
Gennady Gary Papirov · License #0566464
(917) 856-2012
Added: Jun 10
Changed: Jul 24
Last Checked: Jul 26 at 4:06AM
MLS# 2603262
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.
159 Aspinwall Street is a legal two-family Colonial totaling 4,188 square feet on a 9,869 square foot lot. The main residence features four bedrooms and four bathrooms, with a gracious entry, formal living room, formal dining room, and a large family room that includes a cozy fireplace. A finished basement adds additional living space and includes a second fireplace. Hardwood floors run throughout, and the home is served by a multi-zone heating system.
The second floor provides a large two-bedroom apartment, suitable for extended family use or rental income. Additional improvements include a two-car garage and a large yard with a built-in in-ground pool. The interior is described as solid but dated, priced accordingly, offering an opportunity to customize the home. The property is located near schools, parks, shopping centers, restaurants, and public transportation.
The second floor provides a large two-bedroom apartment, suitable for extended family use or rental income. Additional improvements include a two-car garage and a large yard with a built-in in-ground pool. The interior is described as solid but dated, priced accordingly, offering an opportunity to customize the home. The property is located near schools, parks, shopping centers, restaurants, and public transportation.
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
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
FAQs
What type of property is this?
Duplex - Spacious legal two-family Colonial with four-bedroom main residence and two-bedroom apartment, plus in-ground pool and two-car garage.
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
