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    Corner Two-Story Office Building Title is generated by Realmo AI

    343 Sand Lane, Staten Island, NY 10305

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    Claim this Listing
    For Sale
    $1,300,000

    COMMERCIAL - Staten Island, NY

    Property size:
    2,880 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $451/SF
    Added:
    May 19, 2025
    Days on Market:
    416
    Last Refresh:
    Jul 8 at 10:06 pm

    Property Features for 343 Sand Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    26041

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    2002
    Floors in Building
    2
    Building materials
    Brick

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    Daniel Fausak
    Daniel Fausak

    Listing agent Daniel Fausak

    Listing office RED DOOR REALTY GROUP 124 Buel Ave, STATEN ISLAND, NY

    Listing date May 19, 2025

    MLS# 11500477

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two buildings on one lot, including approx. 2,880 SF in the main two‑story building
    • Main building features elevator plus sprinkler and fire alarm systems
    • Main building offers 4 ADA‑compliant bathrooms and 4–5 large rooms
    • Second building adds approx. 800 SF with 2 additional large rooms and a bathroom
    • Utilities include public water; heating is natural gas forced air
    • Zoned R3‑2 with C1‑2 overlay

    Overview

    This sale includes two buildings on a single lot. The primary two-story building offers approximately 2,880 square feet and features 4–5 large rooms, four ADA-compliant bathrooms, an elevator, and both a sprinkler system and a fire alarm system. The second building includes two additional large rooms plus a bathroom, approximately 800 square feet.

    The property is described as a high-visibility corner location in Staten Island, positioned minutes from the Verrazzano-Narrows Bridge, Staten Island University Hospital, and the South Beach Boardwalk. Zoning is R3-2 with a C1-2 overlay, supporting a range of community- and service-oriented uses.

    With multiple room configurations and ADA-compliant restrooms throughout the main building, the property can accommodate professional offices, medical or therapy-type settings, and community uses such as senior or daycare programming. The presence of an additional building on the same lot can support administrative space, related services, or an expansion layout, depending on operational needs.

    Local Financial Insights For Office B

    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 $133.4k $46.32
    − Vacancy −$25.2k −$8.75
    EGI $108.2k $37.57
    − OpEx −$27.0k −$9.39
    NOI $81.1k $28.17
    2,880 SF · lease $46.32/SF/yr · vacancy 18.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,142 @ 7.0% cap · market cap 6.24%
    Second Best
    Healthcare Medical
    $763.1K
    $667.7K – $890.3K (±1% cap)
    NOI $53,416 @ 7.0% cap · market cap 4.11%
    Theoretical Best
    Office A
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,193 @ 7.0% cap · market cap 7.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Di A Construction Construction Company

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Building Supply Parking Lot & Garage Cafe & Coffee Shop Dental Office Big Box & Wholesale Store Hair Salon Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.067258
    Latitude
    40.591285

    FAQs

    What type of property is this?
    Office building - Two buildings on one lot with ADA-compliant bathrooms, elevator, and sprinkler/fire alarm systems for office or healthcare use.
    Where is this office building located?
    The property is located at 343 Sand Lane Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Two buildings on one lot, including approx. 2,880 SF in the main two‑story building; Main building features elevator plus sprinkler and fire alarm systems; Main building offers 4 ADA‑compliant bathrooms and 4–5 large rooms
    More about this property
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