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Medical Office Portfolio with Vacant Building
For Sale
$2,100,000

2281 Victory Boulevard, Staten Island, NY 10314

Commercial, Staten Island, NY

Property Size8,000 SF
Lot Size0.37 Acres
Price / SF$262.50
Days on Market234

Property Features for 2281 Victory Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning R3-2
Subdivision Westerleigh
Standard status Active
Size 8,000 SF
Lot size 0.37 Acres

Building Details

Number of units 1
Listing Agency: MadisonEstates Sothebys Realty
Listed By: Joseph E. Baglio
Added: Mar 11 Changed: Oct 10 Last Checked: Oct 30 at 10:06AM
MLS# 499530

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This medical office portfolio comprises three professional buildings at 2281, 2285, and 2291 Victory Boulevard, along with one vacant lot. The combined property provides 16,143 square feet of buildable area and is zoned R3-2. Each building has its own HVAC system, handicap-accessible ramp, and updated mechanical and structural components. Two buildings are occupied by medical tenants, while the third is vacant for an owner-user or future leasing plan.

The property is positioned near major arteries and mass transit in Westerleigh, Staten Island. The buildings and lot may be acquired together or individually, providing flexibility for a portfolio buyer or an operator seeking medical office space.

Key Highlights

  • 16,143 square feet of buildable area across three medical buildings and one vacant lot
  • R3‑2 zoning
  • Two buildings occupied by medical tenants; one building delivered vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$139,277
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,785,540 $2.8M
Cap Rate 7%
$1,989,671 $2.0M
Cap Rate 9%
$1,547,522 $1.5M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$249.6K $31.20/SF
− Vacancy
−$17.5K −$2.18/SF
EGI
$232.1K $29.02/SF
− OpEx
−$92.9K −$11.61/SF
NOI
$139.3K $17.41/SF
Area
ZIP 10314
Vacancy
7.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,785,540
Cap Rate 7%
$1,989,671
Cap Rate 9%
$1,547,522

Alternative Uses

Best Use
Office B
$2.93M
$2.56M – $3.42M (±1% cap)
NOI $204,919 @ 7.0% cap · market cap 9.76%
Second Best
Healthcare Medical
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,277 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$3.82M
$3.34M – $4.45M (±1% cap)
NOI $267,202 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Patterino Charles MD Pediatrician Banner Burton MD Pediatrician Suzanne LiVolsi, LCSW-R Psychotherapist MG Therapy, LCSW ... Crisis Center

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Hotel & Motel

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

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Three professional medical properties include separate HVAC systems and handicap-accessible ramps.
Where is this medical office space located?
The property is located at 2281 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 16,143 square feet of buildable area across three medical buildings and one vacant lot; R3‑2 zoning; Two buildings occupied by medical tenants; one building delivered vacant
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