2691 Hylan BlvdStaten Island, NY 10306

Property Details for 2691 Hylan Blvd

Year built

1965

Lot size

0.21 AC

Property size (Sq ft)

7,688 SF

Zone code

R3-1

Property type

Office properties

Property subtype

Office buildings

APN

04247-0006

APU

42470006

Description

This exceptional 2,000 square foot medical office space, located at 2691 Hylan Boulevard in Staten Island, Richmond County, New York, is available for lease. Situated in a high-traffic area with excellent visibility on Hylan Boulevard, this single-tenant property offers easy access to public transportation and is directly across from a major shopping center. The 7,688 square foot building provides ample space for a variety of medical practices. The suite itself features a spacious waiting area, a reception area, six additional rooms, and a bathroom. All existing medical equipment, fixtures, and office furniture are potentially available upon request. The asking lease price is $42 per square foot, with a NNN lease structure. Tenant responsibilities include electricity, gas, a portion of real estate taxes (estimated at $9 per square foot), and building maintenance. The property is ready for occupancy in January 2024, and flexible short-term and long-term lease options are available. This location presents a fantastic opportunity for medical professionals seeking a well-equipped, conveniently located office space in a thriving commercial area. The zip code is 10306.

• CAP approach

  CAP return

  Valuation

  6%

  $1,271,056

  6.5%

  $1,173,282

  7%

  $1,089,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,004,514

  Geo Method

  $1,004,514

• Alternative Use

  Use

  Valuation

  Residential

  $1,454,870

  Hospitality

  $1,332,653

  Educational

  $1,108,752

  Medical

  $1,146,884

  Retail

  $1,724,725

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5668

Longitude

-74.1139

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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