4360 Hylan Blvd
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4360 Hylan Blvd
7,000 SF 100% Leased Retail Building Staten Island, NY 10312 $5,600,000 ($800/SF) 5.62% Cap Rate
Investment Highlights
- Leased to one of Staten Islands biggest organizations
- Full Corporate guarantee by RUMC
Executive Summary
Prime Location: Positioned at a high-traffic intersection, enhancing visibility and accessibility.
Stable Tenant: RUMC has been at this location for 10 years, and recently exercised early their option to extend showcasing long-term stability and reliability.
Strong Lease Terms: Full corporate guarantee and annual rent increases.
Low Management Burden: Tenant handles all real estate taxes and property maintenance, reducing owner responsibilities.
This property offers a secure investment with a reputable tenant and favorable lease conditions, making it an attractive opportunity for investors seeking steady income and minimal management hassle.
Freestanding building on a large parcel at the busy corner of Hylan Blvd & Richmond Avenue.
Current Tenant: Richmond University Medical Center (RUMC)
Lease Term: 6 years remaining with annual rent escalations.
Lease Details: Full corporate guarantee by Richmond University Medical Center.
Responsibilities: RUMC covers 100% of real estate taxes and property maintenance. Investment Highlights:
Stable Tenant: RUMC has been at this location for 10 years, and recently exercised early their option to extend showcasing long-term stability and reliability.
Strong Lease Terms: Full corporate guarantee and annual rent increases.
Low Management Burden: Tenant handles all real estate taxes and property maintenance, reducing owner responsibilities.
This property offers a secure investment with a reputable tenant and favorable lease conditions, making it an attractive opportunity for investors seeking steady income and minimal management hassle.
Freestanding building on a large parcel at the busy corner of Hylan Blvd & Richmond Avenue.
Current Tenant: Richmond University Medical Center (RUMC)
Lease Term: 6 years remaining with annual rent escalations.
Lease Details: Full corporate guarantee by Richmond University Medical Center.
Responsibilities: RUMC covers 100% of real estate taxes and property maintenance. Investment Highlights:
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
1970
Price
$5,600,000
Price Per SF
$800
Cap Rate
5.62%
NOI
$315,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.20 AC
Zoning
C1-2/R3-1/SRD
Parking
25 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 05322-0001 | Improvements Assessment | $1,009,800 |
| Land Assessment | $126,450 | Total Assessment | $1,136,250 |
PROPERTY TAXES
Parcel Number
05322-0001
Land Assessment
$126,450
Improvements Assessment
$1,009,800
Total Assessment
$1,136,250
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4360 Hylan Blvd
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