Renovated Storefront with Private
For Sale
$688,888
4012 Hylan blvd, Staten Island, NY 10308
Commercial Sale, Staten Island, NY
Property Size1,080 SF
Lot Size0.06 Acres
Price / SF$637.86
Days on Market112
Property Features for 4012 Hylan blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Subdivision
Great Kills
Standard status
Active
Size
1,080 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8039
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Water source
Other
Amenities
private parking
brand new glass storefront and front door
new walls
updated electric
newly renovated 3/4 bathroom
beautiful marble flooring
new ceilings
modern lighting throughout
brand new ductless a/c and heating units
Building Details
Year built
1986
Floors in Building
1
Flooring type
Tile, Marble
Building materials
Masonite, Brick
Roof type
Asphalt, Flat
Listing Agency:
ANNE LOPA REAL ESTATE
Listed By:
Ann Lopa
(718) 227-1111
Added: May 25
Changed: Sep 13
Last Checked: Sep 13 at 3:06PM
MLS# 11824037
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.
Investment Insights
Based on property information with market context.
This 1,080-square-foot storefront property occupies a 0.06-acre parcel and has been substantially renovated. Improvements include a new glass storefront and entry door, updated electrical service, new walls and ceilings, marble flooring, modern lighting, and a renovated three-quarter bathroom. Ductless heating and air-conditioning units provide updated climate control. The building was constructed in 1986 and includes Masonite and brick exterior materials, with a flat asphalt roof.
Located at 4012 Hylan Boulevard in Staten Island, the property offers private parking and sits near neighborhood businesses, stores, bus service, and train transportation. The space is currently being used as a bagel store. Access is coordinated through a realtor while the current tenant remains in possession.
Located at 4012 Hylan Boulevard in Staten Island, the property offers private parking and sits near neighborhood businesses, stores, bus service, and train transportation. The space is currently being used as a bagel store. Access is coordinated through a realtor while the current tenant remains in possession.
Key Highlights
- 1,080 square feet of commercial storefront space
- 0.06‑acre parcel at 4012 Hylan Boulevard, Staten Island, NY 10308
- Private parking included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$521,480
$521.5K
Cap Rate 7%
$372,486
$372.5K
Cap Rate 9%
$289,711
$289.7K
Market Conditions
NOI Build-Up for 1,080 SF
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.
Gross rent
$37.6K $34.80/SF
− Vacancy
−$2.8K −$2.61/SF
EGI
$34.8K $32.19/SF
− OpEx
−$8.7K −$8.05/SF
NOI
$26.1K $24.14/SF
Area
Staten Island, NY
Vacancy
7.50%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$521,480
Cap Rate 7%
$372,486
Cap Rate 9%
$289,711
Alternative Uses
Best Use
Specialty Retail
$372.5K
$325.9K – $434.6K
NOI $26,074 @ 7.0% cap · market cap 3.78%
Second Best
Retail
$332.0K
$290.5K – $387.4K
NOI $23,242 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$515.3K
$450.9K – $601.2K
NOI $36,072 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Dunkin' Donuts
Dining
3,334 visits/mo
0.1 miles
Shell
Shops & Services
3,102 visits/mo
0.4 miles
M&T Bank
Shops & Services
2,091 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
786 visits/mo
0.3 miles
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Crazy Daisy — 4076 Hylan Blvd, Staten Island, NY 10308
Frequently Asked Questions
What type of property is this?
Storefront property - Updated commercial space with private parking, modern systems, and a glass-fronted entrance along Hylan Boulevard.
Where is this storefront property located?
The property is located at 4012 Hylan blvd Staten Island, NY.
What is the asking price?
The asking price for this property is $688,888.
What are key features of this property?
This property features: 1,080 square feet of commercial storefront space; 0.06‑acre parcel at 4012 Hylan Boulevard, Staten Island, NY 10308; Private parking included
