38-Unit Multifamily Apartment Complex with Separate
For Sale
$7,100,000
15 Davidson Court, Staten Island, NY 10303
Four buildings are independently metered and all 38 units are fully occupied.
Days on Market152
Property Features for 15 Davidson Court
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
17 x 1BR, 17 x 2BR, 4 x studio
Multifamily Units
38
Additional Details
Gross Income
$792,000
Utilities to Site
Yes
Building Details
Building Size
43,700 SF
Year Built
1989
Buildings
4
Listing Agency:
EXP Realty
(516) 243-5868
Listed By:
Marquis Robinson
(516) 243-5868
Source:
Cohenandcohenrealty
Added: Mar 3
Changed: Jul 30
Last Checked: Aug 1 at 12:04PM
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 EXP Realty
Investment Insights
Based on property information with market context.
This 38-unit multifamily apartment complex on Staten Island is comprised of four separate buildings. Each building is independently metered with separate water, electric, and gas meters, and each has individual hot water heaters, supporting streamlined operations and easier expense allocation. The property is built for stable occupancy, with all 38 units fully occupied.
The unit mix totals 17 one-bedroom apartments, 17 two-bedroom apartments, and 4 studio apartments. The complex sits on over 1.25 acres and was built in 1989.
The property’s financial profile includes 100% occupancy and an estimated cap rate of approximately 8%. Operational notes include that the owner is currently not charging for parking. There is also potential to add another 5–6 units or a laundry center, subject to hiring an engineer and architect.
The unit mix totals 17 one-bedroom apartments, 17 two-bedroom apartments, and 4 studio apartments. The complex sits on over 1.25 acres and was built in 1989.
The property’s financial profile includes 100% occupancy and an estimated cap rate of approximately 8%. Operational notes include that the owner is currently not charging for parking. There is also potential to add another 5–6 units or a laundry center, subject to hiring an engineer and architect.
Key Highlights
- 38 units across four separate buildings
- Independently metered: separate water, electric, and gas meters plus individual hot water heaters
- All 38 units fully occupied; 100% occupancy
Property Analytics
Current Use
Lease Details
38
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Explore this area
Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four buildings are independently metered and all 38 units are fully occupied.
Where is this apartment building located?
The property is located at 15 Davidson Court Staten Island, NY.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: 38 units across four separate buildings; Independently metered: separate water, electric, and gas meters plus individual hot water heaters; All 38 units fully occupied; 100% occupancy
