Tenant-Occupied Restaurant
For Sale
$550,000
4018 Hylan Boulevard, Staten Island, NY 10308
Operating Chinese-Vietnamese restaurant with private parking and an established tenant in place.
Property Size960 SF
Lot Size0.05 Acres
Price / SF$572.92
Days on Market82
Property Features for 4018 Hylan Boulevard
General Information
Standard status
Active
Size
960 SF
Total Parking Spaces
6
Lot size
0.05 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Gross Income
$38,400
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Tiger Realty
Listed By:
Xu (Susan) Chen
(917) 708-9966
Source:
Prideestates
Added: Jul 26
Changed: Oct 10
Last Checked: Oct 14 at 10:27PM
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 Tiger Realty
Investment Insights
Based on property information with market context.
This tenant-occupied restaurant property at 4018 Hylan Boulevard includes a 960-square-foot building on an 18-by-120-foot lot, with a building footprint measuring 16 by 60 feet. The premises are operated as a Chinese-Vietnamese restaurant and include six private parking spaces.
The property is positioned along Hylan Boulevard in Staten Island, within a heavily trafficked commercial corridor. The existing lease includes a 3% annual rent escalation, providing a defined contractual increase over time. The asset combines an operating restaurant use, on-site parking, and an established tenancy in a commercial setting.
The property is positioned along Hylan Boulevard in Staten Island, within a heavily trafficked commercial corridor. The existing lease includes a 3% annual rent escalation, providing a defined contractual increase over time. The asset combines an operating restaurant use, on-site parking, and an established tenancy in a commercial setting.
Key Highlights
- 960 SF building on an 18x120 lot
- 16x60 building footprint
- 6 private parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,177
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,540
$463.5K
Cap Rate 7%
$331,100
$331.1K
Cap Rate 9%
$257,522
$257.5K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$33.4K $34.80/SF
− Vacancy
−$2.5K −$2.61/SF
EGI
$30.9K $32.19/SF
− OpEx
−$7.7K −$8.05/SF
NOI
$23.2K $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 Rate 5%
$463,540
Cap Rate 7%
$331,100
Cap Rate 9%
$257,522
Alternative Uses
Best Use
Specialty Retail
$331.1K
$289.7K – $386.3K
NOI $23,177 @ 7.0% cap · market cap 4.21%
Second Best
Retail
$295.1K
$258.3K – $344.3K
NOI $20,660 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$458.1K
$400.8K – $534.4K
NOI $32,064 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating Chinese-Vietnamese restaurant with private parking and an established tenant in place.
Where is this conventional restaurant located?
The property is located at 4018 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 960 SF building on an 18x120 lot; 16x60 building footprint; 6 private parking spaces
