Back to Search
Turnkey Restaurant with Private Parking

4018 Hylan Boulevard Staten Island, NY 10308

4018 Hylan Boulevard, Staten Island, NY, 10308
$550,000
For Sale
Claim this Listing
$550,000

COMMERCIAL - Staten Island, NY

Property Size960 SF
Lot Size0.05 Acres
Price / SF$572.92
AddedJun 11
Days on Market35
Last RefreshJul 15 at 9:06 pm

Property Features for 4018 Hylan Boulevard

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
R3-1
Standard status
Active
Size
960 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
7013

Building Details

Year built
1986
Floors in Building
1
Building materials
Brick
Roof type
Flat

Listing agent Xu (Susan) Chen

Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

Listing date Jun 11, 2026

MLS# 502224

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.

Turnkey restaurant property being offered for sale, currently tenant-occupied by an established, operating Chinese-Vietnamese restaurant providing delivery. The offering includes a 18 x 120 lot and a 16 x 60 building, with the additional benefit of six private parking spaces.

The property is located at 4018 Hylan Boulevard, Staten Island, NY 10308, within zoning designated as R3-1. The building is set up for continued operation under its present use.

From a leasing and ownership standpoint, this is an income-producing asset with existing restaurant operations in place. The current rent is $3,200 per month, with a built-in 3% annual escalation, and the property is reported to carry exceptionally low property taxes of $7,013 per year. For investors or owner-operators looking for a straightforward, operationally active restaurant setting with on-site private parking, this property is worth a closer look.

Key Highlights

  • Tenant‑occupied 16x60 turnkey commercial building with a currently operating Chinese‑Vietnamese restaurant and $3,200/month rent
  • Built‑in 3% annual rent escalation for inflation protection (per lease terms as stated)
  • Flat roof; brick construction; year built 1986

Local 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 $33.4k $34.80
− Vacancy −$2.5k −$2.61
EGI $30.9k $32.19
− OpEx −$7.7k −$8.05
NOI $23.2k $24.14
960 SF · lease $34.80/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$331.1K
$289.7K – $386.3K (±1% cap)
NOI $23,177 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.1K
$400.8K – $534.4K (±1% cap)
NOI $32,064 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Banhmis&Asian Cuisine Restaurant

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Clothing & Fashion Store Cosmetic Store Locksmith Cafe & Coffee Shop Bakery Catering Service

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant property for sale with six private parking spaces and an operating tenant in place.
Where is this conventional restaurant located?
The property is located at 4018 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Tenant‑occupied 16x60 turnkey commercial building with a currently operating Chinese‑Vietnamese restaurant and $3,200/month rent; Built‑in 3% annual rent escalation for inflation protection (per lease terms as stated); Flat roof; brick construction; year built 1986
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message