2749 Hylan BlvdStaten Island, NY 10306

Property Details for 2749 Hylan Blvd

Year built

1994

Lot size

0.05 AC

Property size (Sq ft)

1,650 SF

Zone code

R3-1

Property type

Investment properties

Property subtype

Live-work space

APN

04251-0056

APU

42510056

Description

This exceptional investment opportunity presents a fully occupied, two-story medical office building at 2749 Hylan Blvd, Staten Island, NY 10306. The 1,650 square foot building, constructed in 1994, sits on a 2,346 square foot lot and is zoned R3-1. It boasts excellent street frontage and visibility at the corner of Hylan Blvd and Cannon Blvd, with convenient access to public transportation (multiple bus stops directly in front) and a nearby retail hub. The building features a private driveway with parking on Cannon Blvd. The property is currently leased to two established medical tenants: a long-term dental practice occupying both the first and second floors (9 years remaining on their lease), and a med spa occupying the lower level with separate exterior access. This presents a stable, passive income stream for the investor. The property's prime location and strong tenant occupancy make it an attractive investment opportunity in a growing area. The asking price is $1,195,000. This is a single-unit building with one building on the property.

• CAP approach

  CAP return

  Valuation

  6%

  $272,794

  6.5%

  $251,810

  7%

  $233,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $215,589

  Geo Method

  $215,589

• Alternative Use

  Use

  Valuation

  Residential

  $312,245

  Hospitality

  $286,014

  Educational

  $237,961

  Medical

  $246,144

  Retail

  $370,161

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5656

Longitude

-74.115

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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