NY > Staten Island
Staten Island, NY 10305,70 Hancock ST
Staten Island, NY 10305,70 Hancock ST
Staten Island, NY 10305,70 Hancock ST
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$7,599,900
Est. payment /mo
18 Beds
27 Baths
13,197 SqFt
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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.

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

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Listed ByRobert DeFalco Realty, Inc.

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Hal Blake
Hal Blake

Broker | License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY, 10314-3403, USA

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