About 70 Hancock Street
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 of 70 Hancock Street
MLS® # | 2505686 |
---|---|
Price | $7,599,900 |
Bedrooms | 18 |
Bathrooms | 27.00 |
Full Baths | 27 |
Square Footage | 13,197 |
Acres | 0.28 |
Year Built | 1975 |
Type | Commercial Sale |
Sub-Type | 9+F |
Status | Active |
Community Information
Address | 70 Hancock Street |
---|---|
Area | Dongan Hills-Above Hylan |
City | Staten Island |
County | Richmond |
State | NY |
Zip Code | 10305 |
Amenities
Has Pool | No |
---|
Interior
Heating | Hot Water, Natural Gas |
---|---|
Cooling | Units |
Fireplace | No |
Exterior
Exterior | Brick |
---|---|
Construction | Brick |
Additional Information
Date Listed | September 25th, 2025 |
---|---|
Days on Market | 17 |
Zoning | R3-2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Robert DeFalco Realty, Inc. |
---|