69-71-75 Thompson St, Staten Island

$3,499,000

0 Beds
0 Baths
14,816 Sqft
0 Acres
4 Garages

Attention Investors and Developers, this is a dream property off of Bay Street - 21 Units at 8% Cap Rate. This is the breakdown of the current rental income with the added potential rents from vacant spaces. Best for new buyer to rent out those spaces. Total annual income with potential rented spaces is $285,180 with a 8% cap rate - it is worth $3,859,714. Included is the ability for further development due to the air rights changes to all three buildings but specifically 73 Thompson. The area is already gentrifying to a cap of 8% or better and, not to be forgotten, is the tax abatement of both 69 and 71 Thompson. 13 apartments (rented), 4 garages (rented), 4 offices (rented), with finished basement. For more details, contact the agent.

Essential Information
MLS® #1126504
Price$3,499,000
Square Footage14,816
Year Built2001
TypeCommercial
Sub-TypeCommercial
StatusActive
Community Information
Address69-71-75 Thompson St
AreaStapleton
SubdivisionStapleton
CityStaten Island
CountyRichmond
StateNY
Zip Code10304
Amenities
Parking Spaces4
ParkingStreet
# of Garages4
Interior
HeatingHotWater
CoolingCentral
# of Stories3
Exterior
ConstructionConcrete Block, Masonry, Steel
Additional Information
ZoningC4-2
Listing Details
OfficeDiTommaso Real Estate
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Photo of Listing #427537

69,71,75 Thompson, Staten Island

$3,499,000 - 14,816 Sf

MLS® # 427537

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but it not guaranteed accurate by the MLS.

Listing information is provided by the Staten Island Multiple Listing Service, Inc.

Listing courtesy of DiTommaso Real Estate

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: October 16th, 2019 at 7:00am EDT

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but it not guaranteed accurate by the MLS.

Listing information is provided by the Staten Island Multiple Listing Service, Inc.

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