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Property profile & analytics
FOR SALE
Office buildings
2777 Hylan Blvd Staten Island, NY 10306
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US63-0729281
For Sale
1 / 49
$5,995,000
2777 Hylan Blvd, Staten Island, NY 10306
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2000
Total area
7,673 SF
Lot
0.32 ac (13,900 SF)
Zoning code
R3-1
APN
04252-0051
UPID
US63-0729281
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sleek Aesthetics Inc. Spa & Massage Center Alternative Medicine Practice
-
Dr. Sasan Yasharpour, MD Physician Medical Clinic
-
RADIOLOGY SERVICES OF NEW YORK, P.C. Physician Medical Clinic
-
JOHN W DECORATO, MD Physician Medical Clinic
-
EMsculpt Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$1.91M
Owner & transaction history
2777 Hylan Boulevard LLC · 25 yrs held
2777 Hylan Boulevard LLC
since 2001
3 recorded transactions
Zoning & alternative use
R3-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+17.3%
Retail stores
$2.6M
+11.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Staten Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staten Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,295,000
Current use
AUTO REPAIR, GARAGE
$2,695,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$2,550,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,225,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$248 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$63,956
Tax year 2024
Assessed value
$603,810
Assessed 2024
Previous assessed
$612,900
-1.5% YoY
Effective rate
10.59%
On assessed value
Assessed land
$256,680
Assessed improvement
$347,130
Land market value
$626,000
Improvement market value
$759,000
Total market value
$1,385,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
2000
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
7,673 SF
Lot
0.32 ac (13,900 SF)
Zoning code
R3-1
APN
04252-0051
UPID
US63-0729281
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3-1 · Staten Island, NY
Zoning R3-1 · permitted uses
R3-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staten Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
2777 Hylan Boulevard LLC
Entity
Mailing address
2777 HYLAN BLVD, STATEN ISLAND, NY 10306-4660
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2001
—
2777 Hylan Boulevard LLC
Decorato,john & Rache S
Grant Deed
$1,290,000 · Richmond County Savings Bank
—
—
2777 Hylan Boulevard LLC
—
Deed Of Trust
related
$107,500 · Si Bank & Trust
—
—
2777 Hyland Blvd LLC
—
Deed Of Trust
related
$128,300 · Us Small Business Admn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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