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$ 7,599,900
Est. payment /mo
New
70 Hancock ST Staten Island, NY 10305
18 Beds
27 Baths
13,197 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 9+F
Listing Status Active
Purchase Type For Sale
Square Footage 13,197 sqft
Price per Sqft $575
MLS Listing ID 2505686
Bedrooms 18
Full Baths 27
Year Built 1975
Annual Tax Amount $79,870
Lot Size 0.281 Acres
Acres 0.28
Lot Dimensions 102 X 108
Property Sub-Type 9+F
Source Staten Island Multiple Listing Service
Property Description
Once-in-a-lifetime investment opportunity with this all-brick, 27-unit multifamily building in the heart of Dongan Hills. The property features 18 one-bedroom duplexes with vaulted ceilings and 9 studios, offering a desirable unit mix with strong tenant demand.
Each apartment is separately metered for electric, with a shared heating system that helps keep expenses low. Ideally located just minutes from Hylan Boulevard and Richmond Road, with shopping, dining, and the Staten Island Railroad plus other transit options only steps away, this is a highly tenant-friendly property.
Currently grossing 657,000 annually with low operating expenses and room for growth. The building is not rent stabilized, giving investors greater income flexibility.
A true once-in-a-lifetime chance to secure a stable, income-producing property in one of Staten Island's most desirable neighborhoods—perfect for both long-term growth and immediate cash flow.
Each apartment is separately metered for electric, with a shared heating system that helps keep expenses low. Ideally located just minutes from Hylan Boulevard and Richmond Road, with shopping, dining, and the Staten Island Railroad plus other transit options only steps away, this is a highly tenant-friendly property.
Currently grossing 657,000 annually with low operating expenses and room for growth. The building is not rent stabilized, giving investors greater income flexibility.
A true once-in-a-lifetime chance to secure a stable, income-producing property in one of Staten Island's most desirable neighborhoods—perfect for both long-term growth and immediate cash flow.
Location
State NY
County Richmond
Area Dongan Hills-Above Hylan
Zoning R3-2
Interior
Heating Hot Water, Natural Gas
Cooling Units
Building
Story 4
Sewer City
Level or Stories 4
Structure Type Brick
New Construction No
Others
Tax ID 03342-0021
Listed ByRobert DeFalco Realty, Inc.
