$3,199,000
Staten Island, NY 10304
MLS# 2505466
Status: Pending
14816 sqft
1 / 16
Property Description
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 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.
Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 215.92
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 3
Stories: 3
Taxes: 26477
Tax Abated: Yes
Lot Size SqFt: 8300
Year Built Info: Approx
Lot Dim: 83x100
Irregular: No
Air Conditioner: Units
Condition: Fair
Garage Capacity: 4
# of Parking Spaces: 4
# Units: 21
Lease Purchase: No
# of Residential Units: 13
# of Commercial Units: 8
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: 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 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.
Year Built: 2001
Building SqFt: 14816
Status Change Info
Projected Close Date: 2026-01-30
Pending Date: 2025-11-29
Sewer
City: 1
Electric
110: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Forced Air: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Off Street: 1
Garage Location
Built-in: 1
Income & Expense
Gross Income: 356440
Total Expense: 75024
Net Income: 281415
Features
Apartment: 1
Garage/Service Station: 1
Office: 1
Building Info
Sprinklers: No
Construction
Other: 1
AddressLegal
Street No.: 69-71-75
Street Name: Thompson
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10304
Area Name: Stapleton
Parcel ID: 00524-0043, 0044, 0045
ContractLocation Information
Status: Pending
Marketing/Listing Date: 2025-09-15
List Price: $3,199,000
Current Price: $3,199,000
Sub-Type: Commercial
Zoning: C4-2
Block: 00524
Lot: 0043, 0044, 0045
Property Features
Electric Meters: Individual
Garage Location: Built-in
Gas Meters: Individual
Heat Source: Gas
Heat System: Forced Air
Showing Instructions: Call Agent
Electric: 110
Features: Apartment; Garage/Service Station; Office
Construction: Other
Parking: Off Street
Listing Courtesy of Realty First Residential
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is 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.