USANYStaten Island40 Hancock St
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$1,799,000

For Sale

A month ago

40 Hancock St, Staten Island, NY

MLS® 2600609

9 Bed

4 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $22,942
Days Active 38
Lot Size 0.08 acres
Approx. Age 1931
MLS® Number 2600609

Property Address: 40 Hancock St, Staten Island, NY, 10305-1242

Average square foot calculated using Size range provided by listing agent.

Description

4-FAMILY! SEPARATE UTILITIES! COMMERCIAL OVERLAY! SELLER FINANCING AVAILABLE! Great investment opportunity! Located in the desirable Dongan Hills community very near the Staten Island Railroad, Dongan Hills Station. This very well kept 4 family building features 4 gas meters, 5 electric meters, 4 heating systems, and 4 domestic hot water heaters. Each of the four apartments have 2 bedrooms, a living room, an eat-in kitchen and a full bathroom. The two front units are 980 sq ft and the two rear units are 1080 sq ft. There is a separate spacious apartment in the basement, not currently rented, with a kitchen, a living room, a 3/4 bathroom and a bedroom. There is the potential for expanding the two rear apartments to 3 bedrooms. There is a four car garage on the ground floor that could be converted for commercial business use. Each apartment (except the owner occupied unit which can be rented at the same rate) is currently rented at 2500 dollars/month. Net Operating Income calculates to a 5+ percentage CAP rate. Rare opportunity for seller financing. In addition to the nearby SIR, there are numerous local and express bus lines nearby (S78, S79, SIM1, SIM1C, SIM7, SIM10 and SIM11). Location is also convenient to the Hylan Blvd retail district. Recent Upgrades include: new roof coating (done annually), kitchen upgrades (first floor front unit & second floor front unit - 2023, first floor rear unit upgraded in 2015 and second floor rear unit in 2018), new hot water heaters (2023), new stucco exterior for added insulation. Home automation features are automatic garage door openers and a comprehensive internet based security system (14 cameras).
MLS® Number2600609
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageYes
Approx. Age1931
Basement
DrivewayOff Street
Garage Spaces4
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$1,799,000List Price
  • Commute

Commute

Starting Address
Destination Address
40 Hancock St, Staten Island, NY

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