Former Bank Building with
257 New Dorp Lane Staten Island, NY 10306
For Sale
$2,388,888
COMMERCIAL - Staten Island, NY
Property Size5,600 SF
Lot Size0.14 Acres
Price / SF$426.59
Days on Market127
Property Features for 257 New Dorp Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R3-2
- Basement
- Finished
- Standard status
- Active
- Size
- 5,600 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 32399
Building Details
- Year built
- 1949
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Marble
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
DiTommaso Real Estate
(718) 667-8000
Listed By:
Stephanie X. Zhang · License #SZ7890
(718) 667-8000
Added: Mar 20
Changed: Jul 19
Last Checked: Jul 24 at 4:06AM
MLS# 499846
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.
Investment Insights
Based on property information with market context.
This standalone former bank building offers a functional layout with a usable lower level and approximately 16-foot ceilings. The asset is positioned for immediate commercial use, with existing rear drive-through infrastructure that supports drive-through capable concepts. The rear area may also provide flexibility for an on-site parking conversion for approximately six to seven vehicles, subject to municipal approvals.
Located on New Dorp Lane in an active New Dorp business corridor, the property is within a dense residential catchment area and is described as being near the New Dorp SIR Station, supporting both local and commuter activity.
The property is listed under zoning R3-2. Buyers should conduct due diligence regarding zoning, approvals, and gas service feasibility, as noted in the offering remarks.
Located on New Dorp Lane in an active New Dorp business corridor, the property is within a dense residential catchment area and is described as being near the New Dorp SIR Station, supporting both local and commuter activity.
The property is listed under zoning R3-2. Buyers should conduct due diligence regarding zoning, approvals, and gas service feasibility, as noted in the offering remarks.
Key Highlights
- Standalone commercial building with roughly 5,000 SF of space
- Former bank building with usable lower level and approximately 16‑foot ceilings
- Rear drive‑through infrastructure provides potential for drive‑through retail uses
Financial Insights For Specialty Retail
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 | $194.9k | $34.80 |
| − Vacancy | −$14.6k | −$2.61 |
| EGI | $180.3k | $32.19 |
| − OpEx | −$45.1k | −$8.05 |
| NOI | $135.2k | $24.14 |
5,600 SF · lease $34.80/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $135,198 @ 7.0% cap · market cap 5.66%
Second Best
Retail
$1.72M
$1.51M – $2.01M
NOI $120,516 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $187,041 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
FAQs
What type of property is this?
Bank - Standalone former bank building with usable lower level, 16-foot ceilings, and rear drive-through infrastructure.
Where is this bank located?
The property is located at 257 New Dorp Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $2,388,888.
What are key features of this property?
This property features: Standalone commercial building with roughly 5,000 SF of space; Former bank building with usable lower level and approximately 16‑foot ceilings; Rear drive‑through infrastructure provides potential for drive‑through retail uses
