Staten Island Multifamily Investment
15 Davidson Court, Staten Island, NY 10303
- Added:
- Feb 27, 2026
- Days on Market:
- 83
- 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
- Wall/Window Unit(s), 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 Feb 27, 2026
MLS# 966480
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 $792,000 gross annual income with an estimated 8% capitalization rate.
- Located on over 1.25 acres in Staten Island, a strong New York City submarket.
- Four separate buildings, each independently metered for water, electric, and gas, enhancing operational efficiency.
- Value‑add potential to add 5‑6 units or a laundry center.
- Upside potential through natural tenant turnover converting units to free‑market rents.
Overview
Located in Staten Island, this multifamily apartment complex features 38 units on over 1.25 acres. The property consists of four separate buildings, each 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, providing immediate, stabilized income. 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 a capitalization rate of roughly 8.5%. There is potential to add another 5-6 units or a laundry center. The owner is not currently 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 $792,000 gross annual income with an estimated 8% capitalization rate.; Located on over 1.25 acres in Staten Island, a strong New York City submarket.
