Under contract

$2,999,999

5 beds4,946 sq ft0.29 acres

5 NicolosiStaten Island, NY 10312

Homes, condos and townhomes · MLS 11959483 · Listed 63 days ago (Aug 28, 2026)

Waterfront · Waterfront, relationship not specified · Waterfront details

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Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.

About this property

Welcome to 5 Nicolosi Drive, a completely reimagined luxury residence located within the prestigious Ocean Gate Estates, a private, gated waterfront community offering an exceptional combination of privacy, amenities, space, and lifestyle within New York City. Exceptional financing opportunities may be available for qualified buyers. Eligible purchasers may have access to specialized physician/doctor loan programs and jumbo financing options through Valley Bank, including potential 80/10/10 financing with as little as 10% down, relationship-based interest-rate reductions, mortgage recasting, and streamlined underwriting.* Completely remodeled from the inside out, this stately brick Colonial-style residence combines sophisticated contemporary design, advanced home technology, extensive infrastructure upgrades, and resort-style living. Offering approximately 4,946 square feet of living space plus a finished lower level, the home sits on an expansive 100' x 125' property. A commanding brick façade, dramatic entrance, manicured landscaping, and beautifully illuminated grounds create an impressive arrival. Completely Rebuilt for Modern Luxury What truly distinguishes this residence is not only what you see, but the substantial investment made behind the walls. The home has undergone a comprehensive top-to-bottom transformation, including a brand-new roof, completely replaced plumbing and electrical systems, three new electrical panels, five new HVAC/AC units, all-new drywall, new electrical outlets, upgraded LED lighting throughout the interior and exterior, and full-house foam insulation across the walls, attic, and select crawl spaces for improved energy efficiency. Two new Lochinvar tankless water heaters provide efficient on-demand hot water, while heated flooring systems add another layer of everyday comfort. All-new Andersen windows and sliding doors enhance natural light, insulation, efficiency, and the home's overall architectural finish. The infrastructure has also been designed with the future in mind, including pre-wiring for electric-vehicle charging, generator readiness, and infrastructure for self-melting outdoor surfaces. Inside, expansive, light-filled spaces have been thoughtfully designed for both everyday living and sophisticated entertaining. The custom gourmet kitchen features premium appliances, bespoke cabinetry, and elegant finishes, while designer-selected materials create a cohesive aesthetic throughout the residence. Custom-made chandeliers create statement moments throughout the home, complemented by an upgraded lighting system and discreet Canadian-style linear air-conditioning vents designed to preserve clean architectural lines. Generously proportioned bedrooms provide comfortable private retreats, while spa-inspired bathrooms feature high-end fixtures and refined detailing. Multiple living and entertaining areas, ample storage, and carefully planned layouts allow the home to function beautifully for both intimate family living and larger gatherings. Advanced Smart-Home & Whole-House Entertainment Technology has been seamlessly incorporated throughout the residence. A Lutron smart-lighting system provides sophisticated lighting control, while two integrated in-wall iPads and dual smart hubs located in the basement and attic centralize the home's connected systems. An integrated security system with exterior cameras provides property monitoring. The extensive Sonos whole-house audio system includes discreet in-ceiling speakers throughout key living spaces, including four speakers in the kitchen, nine in the living room, two in the primary bedroom, and two in the primary bathroom, creating a seamless entertainment experience without compromising the home's design. Flexible Lower Level & Private Wellness Space The finished lower level adds another dimension to the property. With its own separate entrance, the space offers tremendous flexibility for an apartment-style configuration,

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing reports the property as waterfront but does not say how it meets the water. Ask the listing agent whether the parcel itself adjoins the shoreline.

Relationship to the water
Waterfront, relationship not specified
Water type
Not provided. Ask the listing agent.
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Waterfront”: Describes the water without a frontage value.
  • PropertyTypeDetail “house”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Zlata Zakharenko of Compass.

Facts

List price
$2,999,999
Status
Under contract
Property type
House
Bedrooms
5
Full baths
4
Half baths
2
Interior area
4,946 sq ft
Lot size
0.29 acres (12,500 sq ft)
Year built
1992
Stories
2
County
Richmond County
HOA / association fee
$400 monthly
MLS number
11959483
Annual property tax
$14,828

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)
  • Entrance Foyer

Appliances

  • Stainless Steel Appliance(s)
  • Range
  • Microwave
  • Refrigerator
  • Disposal
  • Dishwasher

Flooring

  • Tile
  • Hardwood

Basement

  • Partially Finished

Heating

  • Radiant
  • Forced Air
  • Baseboard
  • Gas

Parking

  • Basement

Construction

  • Brick

Roof

  • Rubber

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Staten Island.

Price and status history

    Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Estimate a monthly payment

    $600,000
    Illustrative. Replace with a quote from your lender.
    From the listing. Taxes can change after a sale.
    Get a quote; rates vary widely by location.
    Manufactured homes on a leased lot.
    Applied only while the loan is over 80% of the price. Illustrative.

    Estimated monthly payment

    $17,680 per month

    Principal and interest$15,170
    Property tax$1,236
    Homeowners insurance$875
    HOA dues$400
    Loan amount$2,399,999
    Total interest over the term$3,061,067

    An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

    Questions to ask before you buy

    Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

    1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
    2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
    3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
    4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
    5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
    6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

    Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

    Guides and next steps

    Listing courtesy of Compass. Listing agent: Zlata Zakharenko. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Oct 1, 2026, 4:45 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 5:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.