Commercial For Sale - Multi Family
$7,599,900
27 BA

Size

Baths
27
Stories
4
Interior
13,197 Sq Ft
Exterior
12,249 Sq Ft

Financial

Price
$7,599,900
Annual Taxes
$79,870

Listing Details

Sale or Lease
Sale
Year Built
1975
Area
Mid-Island

Description

70 Hancock Street, Staten Island, NY 10305

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.

Features

  • 100 Amp Service
  • Brick
  • Electric Range
  • Frame
  • Hot Water
  • Multi Units
  • Natural Gas
  • Public Sewer
  • Refrigerator
  • Washer
70 Hancock Street, Staten Island, NY 10305

Listing Office: Robert DeFalco Realty, Inc.