Address:

15 1st street
Staten Island, NY 10306
United States

Rent or Sale
Sale
Property Type
Price
$1,500,000

Welcome to this spacious and versatile 5,500 square foot multi-family home, located at 15 1st St, Staten Island, NY 10306. Boasting 7 bedrooms and 3 full bathrooms, this property is full of potential. Currently operating as a dental clinic, it offers an incredible opportunity for someone looking to continue its current use or convert it back into a beautiful family home. The property can be sold with all dental office inventory, and there is the option for a 5 to 10-year lease.

Investment Potential:

With its dual-purpose functionality, this property offers an exceptional opportunity for both owner-occupiers and investors. The ability to operate a medical office, such as a dental clinic, while simultaneously renting out the residential unit, creates substantial potential for steady cash flow and long-term value. Given its ideal location in a historical area, the property is likely to benefit from future appreciation and growing demand in the surrounding neighborhood.

Whether you're looking to establish a medical practice with residential income or simply seeking a profitable mixed-use property, this building offers a strategic investment opportunity with considerable upside.

  • Turnkey Dental Clinic: The property is ideally equipped for use as a dental practice, with all necessary dental office infrastructure already installed. It offers a seamless transition for any medical professional, particularly in the dental field, looking for a fully functional office space without the added burden of extensive renovations.
  • Dental Equipment: The existing setup includes state-of-the-art dental equipment, making it an excellent option for immediate operation as a dental clinic. However, should the new owner wish to upgrade or expand, an additional investment of approximately $200,000 would be required for specialized dental equipment.
  • Mixed-Use Flexibility: This property provides a rare opportunity to combine residential and commercial uses under one roof. The second-floor residential area could serve as an owner’s unit, a rental space, or be further developed as part of a professional setup. This flexibility opens up various possibilities for those seeking cash flow through residential rentals or medical office leases.
Posted Date
featured
No
still in the market