69-71-75 Thompson Street, Staten Island, NY 10304

$3,488,000 Commercial - 10304
235.42Price per SqFt
14816Building Sqft
8300Lot Sqft
Commercial Sale
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Angela Roseo

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About 69-71-75 Thompson, Staten Island

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 1bath 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 8+ 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.

Facts & Features

Subtype Commercial
County Richmond
Lot Size Sqft 8300
Tax Abated Yes
List Price per Sqft $235.42
Zoning C4-2
Electric 110
Heating System Forced Air
Air Conditioner Units
Area Stapleton
Condition Fair
Lot Dim 83x100
Taxes 26477
Year Built 2001
Building Sqft 14816
Siding Other
Sewer City
Heating Source Natural Gas
Listing Office: Realty First Residential