Spacious Mixed-Use Staten Island
2981 Hylan Boulevard, Staten Island, NY 10306
MULTI_FAMILY - Staten Island, NY
Property size:
4,232 SFLot size:
0.11 AcresPrice / SF:
$304/SF- Added:
- Dec 9, 2024
- Days on Market:
- 537
- Last Refresh:
- May 30 at 3:06 am
Property Features for 2981 Hylan Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 6, Bedroom 1, Bathroom 1
- Parking features
- Carport
- Exterior features
- Balcony
- Fencing
- Fenced
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 04301-0039
- Size
- 4,232 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 17413
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2019
- Floors in Building
- 3
- Building materials
- Stucco
Listing agent Gennady Gary Papirov (917) 856-2012
Listing office Homes R Us Realty of NY, Inc. 111 Fingerboard Road, Staten Island, NY (718) 668-2550
Listing date Dec 9, 2024
MLS# 2406736
Listing URL
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large 4,232 sqft 2‑Family property built in 2019.
- Versatile layout suitable for investors or owner‑occupiers with rental income potential.
- Spacious 3‑bedroom, 2‑bathroom apartment on the 3rd floor with a private balcony.
- Second floor mirrors the layout of the 3rd floor and can be used as residential or office space.
- Ground level offers a separate entrance and large open space for various uses.
- Prime Staten Island location on Hylan Boulevard, near transportation, shopping, restaurants, schools, parks, and local amenities.
Overview
Located on Hylan Boulevard in Staten Island, this 4,232 square foot property is situated on a 50ft x 100ft lot. The property is a two-family structure offering space and flexibility for investors and end users. The third floor features a 3-bedroom, 2-bathroom apartment with a private balcony and an open layout. The second floor mirrors the same layout and was previously used as professional office space, but can function as another large residential unit. The ground level offers a large open space with a separate entrance, creating additional possibilities for a variety of uses. The property is located near transportation, shopping, restaurants, schools, parks and local amenities. The property is zoned R2.
Local Financial Insights For Office B
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 | $193.0k | $45.60 |
| − Vacancy | −$39.6k | −$9.35 |
| EGI | $153.4k | $36.25 |
| − OpEx | −$38.4k | −$9.06 |
| NOI | $115.1k | $27.19 |
4,232 SF · lease $45.60/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.64M
$1.44M – $1.92M
NOI $115,064 @ 7.0% cap · market cap 8.92%
Second Best
Multifamily LT 5
$1.54M
$1.34M – $1.79M
NOI $107,500 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,350 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.119987
- Latitude
- 40.560884
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 4,232 sqft mixed-use property in prime Staten Island location.
Where is this mixed-use property located?
The property is located at 2981 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,289,900.
What are key features of this property?
This property features: Large 4,232 sqft 2‑Family property built in 2019.; Versatile layout suitable for investors or owner‑occupiers with rental income potential.; Spacious 3‑bedroom, 2‑bathroom apartment on the 3rd floor with a **private balcony**.
