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$3,199,000
Est. payment /mo
14,816 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 14,816 sqft
Price per Sqft $215
MLS Listing ID 495809
Year Built 2001
Lot Dimensions 83x100
Property Sub-Type Mixed Use
Property Description
A rare opportunity in Stapleton's prime location near Bay Street: 69–71–73 (75) Thompson Street. Three buildings are being sold as a package, offering a total of 21 units: 13 apartments, # 69 1 bed, 1 bath each, and #71,#75 2 beds and 1 bath each; 4 offices, 4 garages. heater, boiler separated, tenants pay utilities they own. Annual gross income: $356,440, Annual expenses: $75,024.66, Net operating income: $281,415. Current return: 9%+ with additional upside. Significant development potential due to updated air rights (especially at 73 Thompson), 69 & 71 Thompson benefit from ongoing tax abatements, Strong rental income with upside from leasing vacant space, Prime, high-demand location with long-term growth potential. The seller is motivated and open to all serious offers. Don't miss the chance to own this exceptional investment property.
Location
State NY
County Staten Island
Area Stapleton
Zoning C4-2
Rooms
Basement Finished
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Other
Roof Type Flat
Handicap Access No
Building
Story 3
Foundation Slab Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Century 21 Realty First
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716