Legal Two-Family Colonial
159 Aspinwall Street, Staten Island, NY 10307
New
MULTI_FAMILY - Colonial - Staten Island, NY
Property size:
4,188 SFLot size:
0.23 AcresPrice / SF:
$310/SF- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 12:06 am
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 5, Bedroom 4, Bathroom 6, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 3
- Parking features
- Carport
- Exterior features
- Balcony
- Fencing
- Fenced
- Basement
- Finished, Full
- Standard status
- Active
- 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 agent Gennady Gary Papirov (917) 856-2012
Listing office Homes R Us Realty of NY, Inc. 111 Fingerboard Road, Staten Island, NY (718) 668-2550
Listing date Jun 10, 2026
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.
HighLights
- Legal two‑family Colonial with 4,188 sq. ft. of living space on a 9,869 sq. ft. lot
- Main residence includes 4 bedrooms and 4 bathrooms, plus formal living and dining rooms and a large family room with fireplace
- Second‑floor apartment is a large 2‑bedroom unit for extended family or rental use
- Finished basement adds extra living space and includes a second fireplace
- Hardwood floors throughout, multi‑zone natural gas hot water heating, and a balcony
- 2‑car garage, carport parking, fenced yard with built‑in in‑ground pool
Overview
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.
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 Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.24772
- Latitude
- 40.503889
Nearby Similar for Sale
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: Legal two‑family Colonial with 4,188 sq. ft. of living space on a 9,869 sq. ft. lot; Main residence includes 4 bedrooms and 4 bathrooms, plus formal living and dining rooms and a large family room with fireplace; Second‑floor apartment is a large 2‑bedroom unit for extended family or rental use
