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88 New Dorp Plz 18,000 SF 93% Leased Office Building Staten Island, NY 10306 $3,800,000 ($211.11/SF) 7.63% Cap Rate
Executive Summary
Well maintained office building ideally located in the heart of New Dorp and opposite the New Dorp Train Station. 18 units with all but one occupied. Off-street parking for 32 cars.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
18,000 SF
Building Class
B
Year Built
1931
Price
$3,800,000
Price Per SF
$211.11
Cap Rate
7.63%
NOI
$290,000
Percent Leased
93%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,000 SF
Slab To Slab
10’
Building FAR
2.95
Lot Size
0.14 AC
Zoning
C2-1
Parking
32 Spaces (1.78 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Small office space on 1st floor, ideal for therapy and other small space uses. Very reasonable rental rates.
Private suite with waiting area / conference room and private office. Ideal professional space with parking lot, situated opposite the New Dorp stop of the SIRT providing convenient access to public transportation.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 104 | 400 SF | Office/Medical | - | Now |
| 2nd Fl-Ste 205 | 850 SF | Office | Full Build-Out | Now |
1st Fl-Ste 104
| Size |
| 400 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 205
| Size |
| 850 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size | 400 SF |
| Space Use | Office/Medical |
| Build-Out | - |
| Available | Now |
Small office space on 1st floor, ideal for therapy and other small space uses. Very reasonable rental rates.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 205
| Size | 850 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Private suite with waiting area / conference room and private office. Ideal professional space with parking lot, situated opposite the New Dorp stop of the SIRT providing convenient access to public transportation.
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Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 04212-0043 | Total Assessment | $582,300 (2026) |
| Land Assessment | $105,750 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $476,550 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
04212-0043
Land Assessment
$105,750 (2026)
Improvements Assessment
$476,550 (2026)
Total Assessment
$582,300 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
88 New Dorp Plz