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    1722 Hylan Blvd Staten Island, NY 10305

    Sponsored
    For Sale
    $1,250,000

    Staten Island Office & Retail Investment

    Property size:
    1,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-story, 1,820 square foot commercial building situated on a 1,900 square foot lot at 1722 Hylan Boulevard in the Dongan Hill section of Staten Island, NY 10305. The property boasts high visibility and accessibility on a heavily trafficked thoroughfare, attracting significant foot and vehicle traffic. Currently configured as a mixed-use office and retail space with two units, it generates a net operating income (NOI) of approximately $58,992, representing a 0.05% cap rate. The asking price is $1,250,000. This presents a strong income stream with significant growth potential in a vibrant commercial area. The property offers a seamless transition for the new owner, making it an attractive proposition for both seasoned and new investors seeking a stable and lucrative investment in a prime Staten Island location. The building features a variety of ceiling heights. This is a rare opportunity to acquire a well-located commercial property with proven income and substantial upside potential. Don't miss out on this chance to secure a foothold in the thriving Dongan Hill market.

    Property Features for 1722 Hylan Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    1,820 SF

    Building Details

    Stories
    2
    Units
    2

    HighLights

    • $1,250,000 asking price for a Staten Island commercial property.
    • 1,820 square foot office and retail building.
    • 5% cap rate with a $58,992 NOI.
    • Two‑unit, two‑story building on a 1,900 square foot lot.
    • Located at 1722 Hylan Boulevard, Staten Island, NY 10305.
    Property Profile Location Intelligence

    Current Use by Public Records

    ASN Spa & Wellness ... Massage Spa High end convenience Convenience Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Staten Island
    State
    New York
    Longitude
    -74.0916272
    Latitude
    40.5868022

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    FAQs

    What type of property is this?
    Retail property - Staten Island Office & Retail Investment
    Where is this retail property located?
    The property is located at 1722 Hylan Blvd Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for a Staten Island commercial property.; 1,820 square foot office and retail building.; 5% cap rate with a $58,992 NOI.
    Request Owner's contact information
    1722 Hylan Blvd Staten Island, NY 10305
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    Staten Island, NY 10305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1722 Hylan Blvd Staten Island, NY 10305
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