2777 Hylan BlvdStaten Island, NY 10306

Property Details for 2777 Hylan Blvd

Year built

2000

Lot size

0.32 AC

Property size (Sq ft)

7,673 SF

Zone code

R3-1

Property type

Office properties

Property subtype

Office buildings

APN

04252-0051

APU

42520051

Description

This exceptional Class A medical office building, located at 2777 Hylan Blvd, Staten Island, NY 10306, presents a unique investment opportunity. The 7,673 square foot, two-story building, constructed in 2000, sits on a 13,900 square foot lot and is zoned R3-1. Currently 100% occupied with a single tenant, the property offers a strong, stable income stream. The upper level features a luxurious layout ideal for a plastic surgery practice, including multiple exam rooms, private offices, a stunning reception area, a kitchenette, two AAAASF-accredited operatory rooms, and ample natural light. The lower level houses an established radiology practice, complete with a reception area, exam rooms, and office spaces. Both floors offer ADA accessibility and elevator access. The building boasts ample parking, both on the side and rear. This turnkey medical facility is perfect for an owner-user seeking to expand or relocate their practice, offering the rare advantage of on-site surgical capabilities. The flexible layout allows for either full building occupancy or the potential for passive income generation by leasing out a portion of the space. The asking price is $6,495,000, and the lease type is NNN. This represents a rare chance to acquire a modern, high-quality medical facility in a desirable Staten Island location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,268,576

  6.5%

  $1,170,993

  7%

  $1,087,351

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,002,554

  Geo Method

  $1,002,554

• Alternative Use

  Use

  Valuation

  Residential

  $1,452,032

  Hospitality

  $1,330,053

  Educational

  $1,106,589

  Medical

  $1,144,646

  Retail

  $1,721,360

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5651

Longitude

-74.1156

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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