Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$3,499,000
  • Sq. Ft.14,816
  • Built2001

69-71-75 Thompson St, Staten Island

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

Amenities

  • Parking Spaces4
  • ParkingStreet
  • Garage Spaces4

Exterior

  • ConstructionConcrete Block, Masonry, Steel

Listing Details

  • Listing OfficeDitommaso Real Estate

Community Information

  • Address69-71-75 Thompson St
  • AreaStapleton
  • SubdivisionStapleton
  • CityStaten Island
  • CountyRichmond
  • StateNY
  • Zip Code10304

Interior

  • HeatingHotWater
  • CoolingCentral
  • # of Stories3

Additional Information

  • ZoningC4-2
Please provide a valid email address.

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 Board of REALTORS®.