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.
For sale
Price cut: $289K (9/28)
$3,199,000
75 Thompson St N, Staten Island, NY 10304
--beds
0baths
14,816sqft
Mixed Use
Built in 2001
8,300 Square Feet Lot
$3,044,000 Zestimate®
$216/sqft
$-- HOA
What's special
- 24 days |
- 148 |
- 9 |
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