Medical Office
2281 Victory Boulevard Staten Island, NY 10314
For Sale
$2,100,000
COMMERCIAL - Staten Island, NY
Property Size8,000 SF
Lot Size0.37 Acres
Price / SF$262.50
Days on Market141
Property Features for 2281 Victory Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
R3-2
Standard status
Active
Size
8,000 SF
Lot size
0.37 Acres
Building Details
Number of units
1
Listing Agency:
MadisonEstates Sothebys Realty
(718) 645-1665
Listed By:
Joseph E. Baglio
(718) 645-1665
Added: Mar 11
Changed: Jul 20
Last Checked: Jul 29 at 11:06PM
MLS# 499530
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Investment Insights
Based on property information with market context.
2281, 2285, and 2291 Victory Boulevard comprise a small medical office portfolio that can be purchased together or individually. The offering includes three professional suites in medical buildings and one vacant lot. Buildings are exceptionally well maintained and include separate HVAC systems, handicap-accessible ramps, and updated mechanical and structural components throughout. Two of the buildings are fully occupied by professional medical tenants, while one building is delivered vacant.
The property is zoned R3-2 and is located in Westerleigh on Staten Island, with access to major arteries and mass transit.
The combined portfolio totals 16,143 square feet of buildable area, and it includes 0.3673 acres of land associated with the package. This structure supports both owner-user and investor strategies through the option to acquire the full portfolio or select buildings.
The property is zoned R3-2 and is located in Westerleigh on Staten Island, with access to major arteries and mass transit.
The combined portfolio totals 16,143 square feet of buildable area, and it includes 0.3673 acres of land associated with the package. This structure supports both owner-user and investor strategies through the option to acquire the full portfolio or select buildings.
Key Highlights
- Prime Staten Island location in the heart of Westerleigh with excellent access to major arteries and mass transit.
- Portfolio of three medical buildings and one vacant lot, totaling 16,143 square feet.
- Zoned R3‑2 with 16,143 buildable square feet, providing strong future development or expansion potential.
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $249.6k | $31.20 |
| − Vacancy | −$17.5k | −$2.18 |
| EGI | $232.1k | $29.02 |
| − OpEx | −$92.9k | −$11.61 |
| NOI | $139.3k | $17.41 |
8,000 SF · lease $31.20/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$2.93M
$2.56M – $3.42M
NOI $204,919 @ 7.0% cap · market cap 9.76%
Second Best
Healthcare Medical
$1.99M
$1.74M – $2.32M
NOI $139,277 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$3.82M
$3.34M – $4.45M
NOI $267,202 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Three professional suites across medical buildings, plus one vacant lot, zoned R3-2 with separate HVAC and accessible ramps.
Where is this medical center 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: Prime Staten Island location in the heart of Westerleigh with excellent access to major arteries and mass transit.; Portfolio of three medical buildings and one vacant lot, totaling 16,143 square feet.; Zoned R3‑2 with 16,143 buildable square feet, providing strong future development or expansion potential.