Lease to Own
Address
69-71-75 Thompson Street Staten Island, NY
Price
$ 3,499,000
Property Attributes
  • MLS#1126504
  • TypeCommercial
  • CountyRICHMOND
  • CityStaten Island
  • AreaStapleton
  • NeighborhoodNorth Shore
  • Zip10304
  • StyleCommercial
  • Year Built2001
  • Taxes15501
  • Price$ 3,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14816
  • Lot Size8,300 SqFt
Listing Provided Courtesy Of:
Aziz Benohod with DiTommaso Real Estate
Property Description

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.

Price History
7/31/2019 Listed $3,499,000

General Features

Features Apartment, Mixed Use, Office/Warehouse
Property Type E
Sewer City
Stories 3.0
Type Commercial
Zoning C4-2

Interior Features

Heating System Hot Water

Exterior Features

Latitude 40.626083
Longitude -74.076424
Condition Excellent
Garages 4.00
Number of Buildings 3.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 10304

Price
AVG $840K
$3.5M
Taxes
AVG $12,289
$15,501
Visits
AVG 37
135
Year Built
AVG 1964
2001
Walkscore
AVG 83
87
Data Provided by Walkscore ® not using MLS data

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