2950 Hylan BlvdStaten Island, NY 10306

Property Details for 2950 Hylan Blvd

Year built

1991

Lot size

0.22 AC

Property size (Sq ft)

3,276 SF

Zone code

R2

Property type

Office properties

Property subtype

Office buildings

APN

04015-0006

APU

40150006

Description

This exceptional, beautifully renovated medical office building at 2950 Hylan Boulevard, Staten Island, presents a unique investment opportunity. Located in the Oakwood submarket, this single-tenant property boasts a highly visible location on mid-island Hylan Boulevard. The building, constructed in 1991, comprises two stories and offers a total of 1 square foot of space. Ample parking is provided with 12 spaces on-site. The property is zoned R3-2 and features an ADA-compliant lower level space with natural light. Its prime location and versatile design make it ideal for a variety of medical uses, including but not limited to medical practices, community facilities, physical therapy centers, and mental health therapist offices. The property's single-tenant occupancy simplifies management and provides a stable income stream. The building's address is 2950 Hylan Blvd, Staten Island, NY 10306, with a cross street of Isabella Ave. The property's APN is 4015-006, located in Richmond County. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving Staten Island neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $541,621

  6.5%

  $499,958

  7%

  $464,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $428,042

  Geo Method

  $428,042

• Alternative Use

  Use

  Valuation

  Residential

  $619,947

  Hospitality

  $567,868

  Educational

  $472,460

  Medical

  $488,708

  Retail

  $734,938

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5614

Longitude

-74.1186

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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