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38-Unit Multifamily Apartment Complex
For Sale
$7,100,000

15 Davidson Court, Staten Island, NY 10303

Commercial Sale, Staten Island, NY

Property SizeContact for details
Lot Size1.27 Acres
Days on Market169

Property Features for 15 Davidson Court

General Information

Property type Commercial Sale
Property subtype Other
Parking 38
Parking features Parking Lot
Appliances Dishwasher, Microwave, Refrigerator, Gas Water Heater
Standard status Active
Lot size 1.27 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 100096

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1989
Number of units 38
Building materials Frame, Vinyl Siding
Listing Agency: EXP Realty
Listed By: Marquis Robinson
Added: Mar 4 Changed: Aug 20 Last Checked: Aug 20 at 3:06PM
MLS# 967223

Copyright © 2026 OneKey MLS. 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.

This fully occupied 38-unit multifamily apartment complex is set on 1.27 acres and consists of four separate buildings. Each building is independently metered with separate water, electric, and gas meters, along with individual hot water heaters, supporting straightforward expense allocation across the property. The unit mix totals 17 one-bedroom apartments, 17 two-bedroom apartments, and four studio apartments, with all 38 units currently occupied.

The property is served by public water and public sewer. Heating is provided by forced air systems using natural gas, and cooling is via window or wall/window units. For utilities and day-to-day operations, appliances include dishwashers, microwaves, and refrigerators, along with gas water heaters. On-site parking is provided via a parking lot.

The complex was built in 1989. Occupancy is reported at 100%, with an estimated cap rate of approximately 8%. The offering includes potential for further development or amenities, including room to add another 5–6 units or add a laundry center, subject to hiring an engineer and architect.

Key Highlights

  • Four separate buildings with independent water, electric, and gas meters
  • All 38 units are fully occupied; unit mix includes 17 one‑bed, 17 two‑bed, 4 studios
  • Set on 1.27 acres with on‑site parking lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Parking Lot & Garage

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

38
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 38-unit complex on 1.27 acres with four independently metered buildings and on-site parking lot.
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: Four separate buildings with independent water, electric, and gas meters; All 38 units are fully occupied; unit mix includes 17 one‑bed, 17 two‑bed, 4 studios; Set on 1.27 acres with on‑site parking lot
More about this property
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