Versatile Staten Island Commercial
1562 Drumgoole Rd E Staten Island, NY 10309
For Sale
$780,000
Detached building suitable for medical, educational, or residential use.
Property Size1,612 SF
Price / SF$483.87
Days on Market98
Property Features for 1562 Drumgoole Rd E
General Information
Standard status
Active
Size
1,612 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Womcore LLC dba Remax Edge
(718) 612-3088
Listed By:
Jason Zhou
(718) 612-3088
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 1:31PM
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 Womcore LLC dba Remax Edge
Investment Insights
Based on property information with market context.
This detached building, currently configured as a dental office for approximately 15 years, offers flexibility for end users or investors. The property is located in an R3X zoning district, presenting the potential to be converted back into a residential home. The building has a Community Facility Certificate of Occupancy. The first floor includes a reception area, 3 treatment/office rooms, and a half bathroom. The lower level features 3 additional rooms and a 3/4 bathroom, plus a stand-up attic for extra storage. The building measures approximately 1,612 square feet. Permitted uses under the existing Community Facility C/O may include schools or daycare centers, educational facilities, medical offices, clinics, physical therapy practices, houses of worship, nonprofit offices, hospitals or nursing homes, cultural institutions, libraries, and social service agencies. The bike score is 50, indicating it is bikeable. The walk score is 70, indicating it is very walkable. The transit score is 49, indicating some transit options are available.
Key Highlights
- Established Community Facility with existing dental office (15 years) and Certificate of Occupancy.
- R3X zoning allows for potential conversion back to a residential home.
- 1,612 sq ft building with flexible layout: reception area, 3 treatment/office rooms, half bath on the first floor; 3 rooms and a 3/4 bath in the lower level.
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 | $61.9k | $38.40 |
| − Vacancy | −$12.7k | −$7.87 |
| EGI | $49.2k | $30.53 |
| − OpEx | −$12.3k | −$7.63 |
| NOI | $36.9k | $22.90 |
1,612 SF · lease $38.40/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$527.3K
$461.4K – $615.1K
NOI $36,908 @ 7.0% cap · market cap 4.73%
Second Best
Healthcare Medical
$492.4K
$430.9K – $574.5K
NOI $34,471 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$769.2K
$673.0K – $897.4K
NOI $53,841 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Pleasant Plains Animal Hospital South — 5525 Amboy Rd 3900 #3900, Staten Island, NY 10312
Frequently Asked Questions
What type of property is this?
Medical Office Space - Detached building suitable for medical, educational, or residential use.
Where is this medical office space located?
The property is located at 1562 Drumgoole Rd E Staten Island, NY.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Established Community Facility with existing dental office (15 years) and Certificate of Occupancy.; R3X zoning allows for potential conversion back to a residential home.; 1,612 sq ft building with flexible layout: reception area, 3 treatment/office rooms, half bath on the first floor; 3 rooms and a 3/4 bath in the lower level.
