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Fully Occupied 38-Unit Apartment Building
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 Market174

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 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 Agency: EXP Realty
Listed By: Marquis Robinson
Added: Feb 27 Changed: Aug 20 Last Checked: Aug 20 at 3:06PM
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.

Investment Insights

Based on property information with market context.

This fully occupied 38-unit multifamily apartment complex is comprised of four separate buildings, supported by a utility setup designed for straightforward expense allocation. Each building is independently metered with separate water meters, separate electric meters, and separate gas meters, and includes individual hot water heaters.

The unit mix totals 38 apartments: 17 one-bedroom units, 17 two-bedroom units, and 4 studio apartments. The property is reported as 100% occupied, with income supported by gross monthly income of approximately $66,000 and gross annual income of approximately $792,000, along with an estimated cap rate of ~8%.

The community includes a parking lot and sits on 1.27 acres. Construction is frame with vinyl siding, built in 1989. Heating is forced air using natural gas, and cooling is provided via window or wall/window units. Water and sewer services are public, and in-unit appliances include a dishwasher, microwave, and refrigerator, along with gas water heaters.

Key Highlights

  • 38‑unit multifamily complex split across four separate buildings
  • 100% occupancy with estimated cap rate of ~8%
  • 1.27 acres total lot size

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four independently metered buildings with separate electric, gas, and water service supporting a 38-unit property at 100% occupancy.
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‑unit multifamily complex split across four separate buildings; 100% occupancy with estimated cap rate of ~8%; 1.27 acres total lot size
More about this property
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