Renovated Medical Office
For Sale
$1,800,000
93 New Dorp Lane, Staten Island, NY 10306
Commercial, Staten Island, NY
Property Size2,300 SF
Lot Size0.04 Acres
Price / SF$782.61
Days on Market48
Property Features for 93 New Dorp Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3-1
Subdivision
New Dorp
Standard status
Active
Size
2,300 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
17281
Building Details
Year built
1920
Number of units
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
ZaiYou (Joe) Zhu
(718) 612-3088
Added: Sep 19
Changed: Oct 4
Last Checked: Nov 5 at 7:06AM
MLS# 504600
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.
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Investment Insights
Based on property information with market context.
This two-story masonry medical office property contains approximately 2,300 square feet of renovated professional space on a 23' x 80' lot, with a 23' x 50' building footprint. The interior includes multiple treatment and consultation areas, reception and administrative space, private offices, and a layout designed for an active professional practice. An established operating business is included with the real estate.
The property is located at 93 New Dorp Lane in Staten Island, directly along New Dorp Lane. The New Dorp Staten Island Railway station is minutes away, with access to bus transportation, municipal parking, shopping, restaurants, banks, professional services, and everyday amenities. The property was built in 1920 and is identified with R3-1 zoning.
The property is located at 93 New Dorp Lane in Staten Island, directly along New Dorp Lane. The New Dorp Staten Island Railway station is minutes away, with access to bus transportation, municipal parking, shopping, restaurants, banks, professional services, and everyday amenities. The property was built in 1920 and is identified with R3-1 zoning.
Key Highlights
- Approximately 2,300 square feet of medical office space
- Two‑story masonry building on a 23' x 80' lot
- 23' x 50' building footprint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,535
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,700
$1.3M
Cap Rate 7%
$893,357
$893.4K
Cap Rate 9%
$694,833
$694.8K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$104.9K $45.60/SF
− Vacancy
−$21.5K −$9.35/SF
EGI
$83.4K $36.25/SF
− OpEx
−$20.8K −$9.06/SF
NOI
$62.5K $27.19/SF
Area
ZIP 10306
Vacancy
20.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,700
Cap Rate 7%
$893,357
Cap Rate 9%
$694,833
Alternative Uses
Best Use
Office B
$893.4K
$781.7K – $1.04M
NOI $62,535 @ 7.0% cap · market cap 3.47%
Second Best
Healthcare Medical
$565.9K
$495.2K – $660.2K
NOI $39,612 @ 7.0% cap · market cap 2.20%
Theoretical Best
Office A
$1.10M
$960.3K – $1.28M
NOI $76,821 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,824
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story professional setting with treatment areas, consultation rooms, private offices, and an established operating business.
Where is this medical office space located?
The property is located at 93 New Dorp Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 2,300 square feet of medical office space; Two‑story masonry building on a 23' x 80' lot; 23' x 50' building footprint
