Luxury Two-Family Home, New
18 Monahan Avenue, Staten Island, NY 10314
MULTI_FAMILY - Staten Island, NY
Property size:
3,560 SFLot size:
0.11 AcresPrice / SF:
$437/SF- Added:
- May 5, 2026
- Days on Market:
- 12
- Last Refresh:
- May 16 at 5:06 pm
Property Features for 18 Monahan Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4
- Parking features
- Garage, Carport
- Patio and Porch features
- Deck
- Interior features
- Central Air, Deck, Dishwasher, Dryer, Fireplace, Garage Door Opener(s), Laundry Area, Microwave, Pool, Refrigerator, Stove, Washer
- Fireplace
- 1
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,560 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11733
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick, Wood Frame
- Roof type
- Shingle
Listing agent Xiao (Emma) Zhu (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date May 5, 2026
MLS# 501186
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Luxury All‑Brick Detached Two‑Family Home with separate second unit
- Brand new custom eat‑in kitchen with quartz countertops and a center island
- Private master suite with his‑and‑her walk‑in closet and luxurious ensuite bath featuring a Jacuzzi tub and separate shower
- Finished basement with 10‑ft ceilings, rec room, laundry, and utility area, plus an attached garage
- Private backyard with a wrap‑around pool and gazebo
- Prime location near Staten Island Mall, shopping, dining, and excellent schools
Overview
This luxury all-brick, two-family detached home is located in the New Springville neighborhood. The main residence, spanning Levels 1-3 plus the basement, features a formal living room with a fireplace, dining room, and family room. The brand new custom eat-in kitchen includes quartz countertops, solid wood cabinets, and a center island. The private master suite has his-and-her walk-in closets and a luxurious ensuite bath featuring a Jacuzzi tub and separate shower. There are also three additional spacious bedrooms with a full bath, gleaming hardwood floors, fresh paint, custom railings, and crown moldings throughout. The finished basement offers 10-ft ceilings with a rec room, laundry, and utility area, plus an attached garage with direct backyard access. The separate second unit has its own private side entrance, open kitchen, tile floors, one bedroom, and one full bath. The property features 3-zone heating and 2-zone central air, dual heating systems and hot water tanks, brand-new decks and railings, custom faux wood shutters on all windows, and a fully paved property with pavers installed in the front, side, and backyard. The private backyard includes a wrap-around pool and gazebo. The property is located minutes from Staten Island Mall, shopping, dining, fitness centers, parks, and golf, with access to schools including PS 69, IS 72, and Susan E. Wagner High School. The lot size is 0.1109 acres and the property size is 3560 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.08M
NOI $97,098 @ 9.00% cap · cautious / downside scenario
Moderate
$1.39M
NOI $97,098 @ 7.00% cap · market / base-case scenario
Aggressive
$1.94M
NOI $97,098 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.2k | $40.80 |
| − Vacancy | −$6.5k | −$1.84 |
| EGI | $138.7k | $38.96 |
| − OpEx | −$41.6k | −$11.69 |
| NOI | $97.1k | $27.27 |
3,560 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.39M
$1.21M – $1.62M
NOI $97,098 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.50M
NOI $90,037 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,905 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.147465
- Latitude
- 40.587495
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Stunning, renovated two-family home in a prime Staten Island location.
Where is this duplex located?
The property is located at 18 Monahan Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,559,000.
What are key features of this property?
This property features: Luxury All‑Brick Detached Two‑Family Home with separate second unit; Brand new custom eat‑in kitchen with quartz countertops and a center island; Private master suite with his‑and‑her walk‑in closet and luxurious ensuite bath featuring a Jacuzzi tub and separate shower
