1722 Hylan Blvd Staten Island, NY 10305-1958

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.