Medical/Office Building on Hylan
2777 Hylan Boulevard, Staten Island, NY 10306
For Sale
Contact for pricing
Modern, turn-key medical facility in a prime location.
Property Size7,673 SF
Price / SF$650.98
Days on Market642
Property Features for 2777 Hylan Boulevard
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Investment Type
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
PreReal Prendamano Real Estate
Listed By:
Robert Nixon · License NY #10401253010
(718) 816-7799
Source:
Crexi
Added: Feb 11, 2025
Changed: Nov 10
Last Checked: Nov 12 at 6:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PreReal Prendamano Real Estate
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Investment Insights
Based on property information with market context.
The property at 2777 Hylan Blvd is a state-of-the-art medical and office building built in 2002. The solid masonry structure spans two floors and is equipped with ADA accessibility, an elevator, and ample parking on the side and rear of the property. The main level, previously occupied by a plastic surgeon, features a reception and waiting area with a private restroom, multiple exam rooms and private offices, additional restrooms, a kitchenette, soaring ceilings, abundant natural light, and multiple points of egress. It also includes two fully accredited AAAASF operatory rooms, allowing for on-site surgeries under general anesthesia. The lower level, accessible by elevator, is home to a radiology practice and includes a reception and waiting area, several private exam rooms, larger office spaces, and multiple restrooms. The building is located on the corner of Hylan Blvd & Reno Ave. The property is suitable for an owner-user looking to expand or relocate their practice, with the ability to perform surgeries on-site. The flexible layout allows for full building occupancy or the option to utilize one floor while generating passive income from the other. The building size is 7673 square feet.
Key Highlights
- Two fully accredited AAAASF operatory rooms allow for on‑site surgeries under general anesthesia.
- Prime location on the corner of Hylan Blvd & Reno Ave.
- Turn‑key, state‑of‑the‑art medical and office building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,621
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,172,420
$4.2M
Cap Rate 7%
$2,980,300
$3.0M
Cap Rate 9%
$2,318,011
$2.3M
Market Conditions
NOI Build-Up for 7,673 SF
Gross rent
$349.9K $45.60/SF
− Vacancy
−$71.7K −$9.35/SF
EGI
$278.2K $36.25/SF
− OpEx
−$69.5K −$9.06/SF
NOI
$208.6K $27.19/SF
Area
ZIP 10306
Vacancy
20.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,172,420
Cap Rate 7%
$2,980,300
Cap Rate 9%
$2,318,011
Alternative Uses
Best Use
Office B
$2.98M
$2.61M – $3.48M
NOI $208,621 @ 7.0% cap · market cap 4.18%
Second Best
Healthcare Medical
$1.89M
$1.65M – $2.20M
NOI $132,147 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $256,280 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
1,495
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Staten Island, NY
Properties on Market for Medical Office Space in Staten Island
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Banfield Pet Hospital — 2656 Hylan Blvd Ste 240, Staten Island, NY 10306
- Lisa Sether — 2300 Hylan Blvd, Staten Island, NY 103063208
- Michael Arpino — 2300 Hylan Blvd, Staten Island, NY 103063208
- Animal Health Group on the Boulevard — 2300 Hylan Blvd, Staten Island, NY 10306
Frequently Asked Questions
What type of property is this?
Medical Office Space - Modern, turn-key medical facility in a prime location.
Where is this medical office space located?
The property is located at 2777 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Two fully accredited AAAASF operatory rooms allow for on‑site surgeries under general anesthesia.; Prime location on the corner of Hylan Blvd & Reno Ave.; Turn‑key, state‑of‑the‑art medical and office building.
