Staten Island Multifamily Investment
15 Davidson Court, Staten Island, NY 10303
- Added:
- Mar 4, 2026
- Days on Market:
- 78
- Last Refresh:
- May 21 at 10:06 pm
Property Features for 15 Davidson Court
General Information
- Property type
- Residential Multi Family
- 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
- Natural Gas, Forced Air
- 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 agent Marquis Robinson (516) 243-5868
Listing office EXP Realty 3330 Park Ave Ste 4, Hauppauge, NY (888) 276-0630
Listing date Mar 4, 2026
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.
HighLights
- Fully occupied 38‑unit multifamily complex providing immediate, stabilized income.
- Approximately 8% capitalization rate offers an attractive return profile.
- Gross annual income of approximately $792,000.
- Located on over 1.25 acres in Staten Island.
- Separate metering for water, electric, and gas enhances operational efficiency.
- Value‑add opportunities include potential for additional units or a laundry center.
Overview
This 38-unit multifamily apartment complex is located in Staten Island. The property, situated on over 1.25 acres, consists of four separate buildings. Each building is independently metered with separate water meters, electric meters, and gas meters, as well as individual hot water heaters. The unit mix includes 17 one-bedroom apartments (each with a living room, kitchen, and full bathroom), 17 two-bedroom apartments (each with a living room, kitchen, and full bathroom), and 4 studio apartments (each with a kitchen and full bathroom). All 38 units are fully occupied. The gross monthly income is approximately $66,000, resulting in a gross annual income of approximately $792,000. The property is offered at a valuation that supports an approximately 8.5% capitalization rate. There is potential to add another 5-6 units or a laundry center. The owner is currently not charging for parking. The property typically sees one to two units per year convert to free-market rents, creating ongoing upside potential through natural tenant turnover.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.163002
- Latitude
- 40.635655
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied 38-unit apartment complex on 1.25+ acres.
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 $7,500,000.
What are key features of this property?
This property features: Fully occupied 38‑unit multifamily complex providing immediate, stabilized income.; Approximately 8% capitalization rate offers an attractive return profile.; Gross annual income of approximately $792,000.
