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    OFF-MARKET
    Commercial real estate

    2971 Hylan Blvd, Staten Island, NY 10306

    4,500 SF Built 1990
    Property ID
    US63-3449737
    Property summary
    AI-generated overview

    This exceptional Class A mixed-use property at 2971 Hylan Blvd, Staten Island, presents a compelling investment opportunity. The building, constructed in 1990 and extensively renovated in 2020, boasts 4,500 square feet across three stories. It features a prime 2-level, 4,500 square foot executive office space currently leased to a city agency under a long-term agreement, ensuring consistent rental income. Adding to the investment potential are two fully occupied residential apartments, each with year-to-year leases, providing additional revenue streams. The building is situated on a 5,000 square foot lot in a high-traffic area of Staten Island, zoned R-2. The property includes an elevator for convenient access to all floors. Financial details are available upon request. This is a rare chance to acquire a well-maintained, high-occupancy mixed-use asset in a desirable location with strong potential for long-term growth and return on investment. The asking price is $2,500,000, translating to $555.56 per square foot. This turnkey investment offers immediate cash flow and a stable foundation for future appreciation.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1990
    Total area 4,500 SF
    UPID US63-3449737
    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
    • Hylan Communicare Health Center Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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