Two-Story Building Near Verrazano
343 Sand Ln Staten Island, NY 10305
For Sale
$1,300,000
Two-story, 2,880 SF building ideal for various community services.
Property Size2,880 SF
Price / SF$451.39
Days on Market94
Property Features for 343 Sand Ln
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing Agency:
RED DOOR REALTY GROUP
(718) 987-3667
Listed By:
Daniel L. Fausak
(718) 987-3667
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 6:37AM
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 RED DOOR REALTY GROUP
Investment Insights
Based on property information with market context.
This two-story building provides approximately 2,880 square feet of space. The layout includes 4 to 5 large rooms and 4 ADA-compliant bathrooms. The building is equipped with an elevator, a sprinkler system, and a fire alarm system. It is zoned R3-2 with a C1-2 overlay. The property is suitable for a community center, senior center, daycare, therapy, tutoring, medical, or professional office use. The building benefits from a high-visibility corner location. It is situated minutes from the Verrazano-Narrows Bridge, Staten Island University Hospital, and the South Beach Boardwalk. The location has a bike score of 57, indicating it is bikeable. The walk score is 61, meaning it is somewhat walkable, and the transit score is 67, indicating good transit options.
Key Highlights
- Ideal for various uses: community center, senior center, daycare, therapy, tutoring, medical, or professional office.
- Approx. 2,880 SF with 4‑5 large rooms and 4 ADA‑compliant bathrooms.
- High‑visibility corner location.
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
NOI $81,142 @ 7.0% cap · market cap 6.24%
Second Best
Healthcare Medical
$763.1K
$667.7K – $890.3K
NOI $53,416 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,193 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Di A Construction
Construction Company
Similar Off Market Nearby
- P.S. 046 Albert V. Maniscalco — 41 Reid Ave, Staten Island, NY 10305
- Classic Day Care — 241 Norway Ave, Staten Island, NY 10305
- Little Smarties Preschool — 329 Norway Ave, Staten Island, NY 10305
- Smiles Around Us Academy/Southfield Institute — 351 Sand Ln, Staten Island, NY 10305
- Kinder Island — 375 Sand Ln, Staten Island, NY 10305
FAQs
What type of property is this?
Day care center - Two-story, 2,880 SF building ideal for various community services.
Where is this day care center located?
The property is located at 343 Sand Ln 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: Ideal for various uses: community center, senior center, daycare, therapy, tutoring, medical, or professional office.; Approx. 2,880 SF with 4‑5 large rooms and **4 ADA‑compliant bathrooms**.; **High‑visibility corner location.**
