1115 Hylan Boulevard, Staten Island, NY 10305

Building Details

Tenancy Multi More

Listing Agency: Robert DeFalco Realty, Inc.

Listed By: Matthew Black · License NY 30BL0977236 Show Phone

Source: Crexi

Added: Oct 20 Changed: Nov 8 Last Checked: Nov 12 at 6:52AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robert DeFalco Realty, Inc.

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Investment Insights

Based on property information with market context.

This retail property comprises two storefront structures, each measuring 1,260 square feet. Both are occupied. The property is located on Hylan Boulevard in Staten Island, New York.

Key Highlights

• Two storefront structures
• Each structure contains 1,260 square feet
• Both storefronts are occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$48,422

Cap Rate

3.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$968,440 $968.4K

Cap Rate 7%

$691,743 $691.7K

Cap Rate 9%

$538,022 $538.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,520 SF

Gross rent

$75.6K $30.00/SF

− Vacancy

−$6.4K −$2.55/SF

EGI

$69.2K $27.45/SF

− OpEx

−$20.8K −$8.24/SF

NOI

$48.4K $19.22/SF

Area

ZIP 10305

Vacancy

8.50%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$968,440

Cap Rate 7%

$691,743

Cap Rate 9%

$538,022

Alternative Uses

Best Use

Retail

$691.7K

$605.3K – $807.0K (±1% cap)

NOI $48,422 @ 7.0% cap · market cap 3.49%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,169 @ 7.0% cap · market cap 6.06%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Current Level Restaurant Royal Sushi Restaurant Fuji Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Cafe & Coffee Shop Garden Center (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,385

Businesses Nearby

113k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 38% Dining 31% Groceries 31%

Met Food Groceries

18,473 visits/mo 0.1 miles

BP Shops & Services

18,350 visits/mo 0.5 miles

Chase Bank Shops & Services

13,242 visits/mo 0.5 miles

Santander Bank Shops & Services

11,756 visits/mo 0.3 miles

Perkins Restaurant & Bakery Dining

9,774 visits/mo 0.5 miles

Demographics for 10305, NY

44,008

Population

16,850

Households

2.6

Avg Household Size

41

Median Age

32%

College-Educated

85%

High-School Grad

4.0 sq mi

ZIP Area

11,002

Density / Sq Mi

$86,294

Median Household Income

$52,183

Median Earnings

$1,656

Median Rent

$627,200

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Staten Island, NY

$519 Jul

$450 Aug

$436 Sep

$391 Oct

Properties on Market for Storefront properties in Staten Island

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Both storefronts are occupied.

Where is this storefront property located?

The property is located at 1115 Hylan Boulevard Staten Island, NY.

What is the asking price?

The asking price for this property is $1,388,000.

What are key features of this property?

This property features: Two storefront structures; Each structure contains 1,260 square feet; Both storefronts are occupied