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Vacant Ground-Level Medical Office
For Sale
$950,000

3767 Richmond Ave, Staten Island, NY 10312

Residential Income, Staten Island, NY

Property Size2,108 SF
Lot Size0.13 Acres
Price / SF$450.66
Days on Market241

Property Features for 3767 Richmond Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Subdivision Eltingville
Standard status Active
APN 05511-0027
Size 2,108 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 6951

Building Details

Year built 1970
Floors in Building 2
Listing Agency: UNITED NATIONAL REALTY GROUP INC
Listed By: Michael Dukhovny
Added: Feb 19 Changed: Sep 14 Last Checked: Oct 18 at 8:06PM
MLS# 11659454

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This property offers a vacant ground-level medical office within a building that also has a second floor currently leased. The ground-level space includes a reception and waiting area, a lab area, 3 exam rooms, and 2 bathrooms. The building was constructed in 1970 and sits on a 0.1267-acre lot.

The lot is described as extra deep, measuring 40x138, which the listing notes creates more buildable area. The property is located on Richmond Ave in the “doctor’s row” area of Richmond Ave.

The listing also provides development parameters: the facility FAR is 1, and the residential FAR is .75. Please consult with your architect regarding feasibility and layout considerations.

Key Highlights

  • Vacant ground‑level medical office with 3 exam rooms, reception and waiting, lab area, and 2 bathrooms
  • 0.1267‑acre lot on Richmond Ave
  • Extra‑deep lot dimensions of 40x138 for more buildable area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,675
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,500 $1.2M
Cap Rate 7%
$823,929 $823.9K
Cap Rate 9%
$640,833 $640.8K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$96.1K $45.60/SF
− Vacancy
−$19.2K −$9.12/SF
EGI
$76.9K $36.48/SF
− OpEx
−$19.2K −$9.12/SF
NOI
$57.7K $27.36/SF
Area
ZIP 10312
Vacancy
20.00%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,500
Cap Rate 7%
$823,929
Cap Rate 9%
$640,833

Alternative Uses

Best Use
Office B
$823.9K
$720.9K – $961.3K (±1% cap)
NOI $57,675 @ 7.0% cap · market cap 6.07%
Second Best
Multifamily LT 5
$744.1K
$651.1K – $868.2K (±1% cap)
NOI $52,090 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.01M
$880.1K – $1.17M (±1% cap)
NOI $70,408 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bright Start Speech ... Physician Ocean Pediatrics Pediatrician Aybinder Victoriia Physician Gayetsky Zhanetta Physician Karina Kolodiy Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10312, NY

61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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

Similar Off Market Nearby

  • Annadale Veterinary Clinic — 889 Annadale Rd, Staten Island, NY 10312
  • Dr. Joseph Augello — 4364 Amboy Rd, Staten Island, NY 10312
  • St Francis Animal Hospital — 4364 Amboy Rd, Staten Island, NY 10312

Frequently Asked Questions

What type of property is this?
Medical Office Space - Vacant ground-floor medical office with 3 exam rooms, reception and waiting, lab area, and 2 bathrooms.
Where is this medical office space located?
The property is located at 3767 Richmond Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Vacant ground‑level medical office with 3 exam rooms, reception and waiting, lab area, and 2 bathrooms; 0.1267‑acre lot on Richmond Ave; Extra‑deep lot dimensions of 40x138 for more buildable area
More about this property
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