4641 Hylan Blvd

Cushman & Wakefield has been exclusively retained to arrange for the sale and leaseback of 4641 Hyland Blvd, a two-story medical office building located in the Annadale neighborhood of Staten Island. The 6,600 SF building contains three medical offices and one 2Br/2Ba FM apartment. The building, which was built in 1998 by its current owner, is in mint condition with state-of-the-art appliances, electrical systems, gas boilers, and heated ramps for handicap accessibility. Upon being built 20 years ago, the building was awarded several architectural and accessibility awards from the Staten Island Chamber of Commerce. In addition, the lot includes a seven-vehicle parking lot. 4641 Hylan Blvd is situated in the Annadale neighborhood of Staten Island where the median income has increased over 25% since 2010. The medical office building is also conveniently located just 2 miles away from one of the biggest hospitals in the borough, Staten Island University Hospital. The building sits at the northeast corner of Hylan Blvd and Arden Avenue where it benefits jointly from the high traffic of commuters on Hylan Blvd and the increasing popularity of the quaint Annadale neighborhood. This offering presents an ideal opportunity for either an investor seeking to acquire a risk averse medical office building with solid in-place cash flow and future upside or an end user looking to move their medical practice into a mint-condition property on an excellent corner lot.