Turnkey Restaurant with Private
4018 Hylan Boulevard Staten Island, NY 10308
For Sale
$550,000
COMMERCIAL - Staten Island, NY
Property Size960 SF
Lot Size0.05 Acres
Price / SF$572.92
Days on Market47
Property Features for 4018 Hylan Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R3-1
- Standard status
- Active
- Size
- 960 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7013
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Xu (Susan) Chen
(917) 708-9966
Added: Jun 11
Last Checked: Jul 27 at 9:06AM
MLS# 502224
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
Turnkey restaurant property being offered for sale, currently tenant-occupied by an established, operating Chinese-Vietnamese restaurant providing delivery. The offering includes a 18 x 120 lot and a 16 x 60 building, with the additional benefit of six private parking spaces.
The property is located at 4018 Hylan Boulevard, Staten Island, NY 10308, within zoning designated as R3-1. The building is set up for continued operation under its present use.
From a leasing and ownership standpoint, this is an income-producing asset with existing restaurant operations in place. The current rent is $3,200 per month, with a built-in 3% annual escalation, and the property is reported to carry exceptionally low property taxes of $7,013 per year. For investors or owner-operators looking for a straightforward, operationally active restaurant setting with on-site private parking, this property is worth a closer look.
The property is located at 4018 Hylan Boulevard, Staten Island, NY 10308, within zoning designated as R3-1. The building is set up for continued operation under its present use.
From a leasing and ownership standpoint, this is an income-producing asset with existing restaurant operations in place. The current rent is $3,200 per month, with a built-in 3% annual escalation, and the property is reported to carry exceptionally low property taxes of $7,013 per year. For investors or owner-operators looking for a straightforward, operationally active restaurant setting with on-site private parking, this property is worth a closer look.
Key Highlights
- Tenant‑occupied 16x60 turnkey commercial building with a currently operating Chinese‑Vietnamese restaurant and $3,200/month rent
- Built‑in 3% annual rent escalation for inflation protection (per lease terms as stated)
- Flat roof; brick construction; year built 1986
Financial Insights For Specialty Retail
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 | $33.4k | $34.80 |
| − Vacancy | −$2.5k | −$2.61 |
| EGI | $30.9k | $32.19 |
| − OpEx | −$7.7k | −$8.05 |
| NOI | $23.2k | $24.14 |
960 SF · lease $34.80/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$331.1K
$289.7K – $386.3K
NOI $23,177 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banhmis&Asian Cuisine
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant property for sale with six private parking spaces and an operating 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: Tenant‑occupied 16x60 turnkey commercial building with a currently operating Chinese‑Vietnamese restaurant and $3,200/month rent; Built‑in 3% annual rent escalation for inflation protection (per lease terms as stated); Flat roof; brick construction; year built 1986
