Ad #7786646
MLS #967223
Located in the borough of Staten Island, this 38-unit
15 Davidson Ct, Staten Island, NY 10303
$7,500,000
--Beds
--Baths
--Sqft
1.27Acres
About this property
Located in the borough of Staten Island, this 38-unit multifamily apartment complex presents a rare opportunity to acquire a fully occupied, income-producing asset situated on over 1.25 acres. Property Overview The offering consists of four separate buildings, each independently metered with: Separate water meters Separate electric meters Separate gas meters Individual hot water heaters This setup enhances operational efficiency and simplifies expense allocation. Unit Mix (Total: 38 Units) 17 One-Bedroom Apartments Living Room, Kitchen, and Full Bathroom 17 Two-Bedroom Apartments Living Room, Kitchen, and Full Bathroom 4 Studio Apartments Kitchen and Full Bathroom All 38 units are fully occupied, providing immediate, stabilized income. Financial Highlights Gross Monthly Income: Approximately $66,000 Gross Annual Income: Approximately $792,000 Occupancy: 100% Estimated Cap Rate: ~8% The property is being offered at a valuation that supports a roughly 8.5% capitalization rate, presenting an attractive return profile for investors seeking stable cash flow in a strong New York City submarket. Value Add: -Room to add another 5-6 units or a laundry center for convenience (Must hire engineer & architect) -Owner is currently not charging for parking -The property typically sees one to two units per year convert to free-market rents, creating ongoing upside potential through natural tenant turnover
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1989
1.27 Acres
Parking Lot
Siding: Frame, Vinyl Siding
Forced Air, Natural Gas
$100,096 / yr property tax
Richmond County
Additional Photos
Contact Information
Marquis Robinson
eXp Realty
516-243-5868
Location
Listing Agent: Marquis Robinson 516-243-5868
Broker: eXp Realty 888-276-0630 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: eXp Realty 888-276-0630 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
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$7,500,000
--
Beds
--
Baths
--
Sqft
15 Davidson Ct, Staten Island, NY 10303
By contacting this agent you agree to these Terms and Conditions.
MLS# 967223
Located in the borough of Staten Island, this 38-unit
$7,500,000
15 Davidson Ct, Staten Island, NY 10303
--
Beds
--
Baths
--
Sqft
1.27
Acres
$7,500,000
15 Davidson Ct, Staten Island, NY 10303
-- Beds
-- Baths
-- Sqft
1.27 Acres
Located in the borough of Staten Island, this 38-unit multifamily apartment complex presents a rare opportunity to acquire a fully occupied, income-producing asset situated on over 1.25 acres. Property Overview The offering consists of four separate buildings, each independently metered with: Separate water meters Separate electric meters Separate gas meters Individual hot water heaters This setup enhances operational efficiency and simplifies expense allocation. Unit Mix (Total: 38 Units) 17 One-Bedroom Apartments Living Room, Kitchen, and Full Bathroom 17 Two-Bedroom Apartments Living Room, Kitchen, and Full Bathroom 4 Studio Apartments Kitchen and Full Bathroom All 38 units are fully occupied, providing immediate, stabilized income. Financial Highlights Gross Monthly Income: Approximately $66,000 Gross Annual Income: Approximately $792,000 Occupancy: 100% Estimated Cap Rate: ~8% The property is being offered at a valuation that supports a roughly 8.5% capitalization rate, presenting an attractive return profile for investors seeking stable cash flow in a strong New York City submarket. Value Add: -Room to add another 5-6 units or a laundry center for convenience (Must hire engineer & architect) -Owner is currently not charging for parking -The property typically sees one to two units per year convert to free-market rents, creating ongoing upside potential through natural tenant turnover
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1989
1.27 Acres
EXTERIOR
Parking Lot
Siding: Frame, Vinyl Siding
INTERIOR
Forced Air, Natural Gas
FINANCIAL & COMMUNITY
$100,096 / yr property tax
Richmond County
See More Details
Location
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Ad Statistics
Ad Number
7786646
Viewed
62 times
Listing Status
Active
Added
Jun 10, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
967223
Listing Agent: Marquis Robinson 516-243-5868
Broker: eXp Realty 888-276-0630 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: eXp Realty 888-276-0630 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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