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Stapleton

75 Thompson St, Staten Island, NY 10304

Introducing a unique investment opportunity in the heart of Stapleton, Staten Island, featuring three contiguous buildings at 69–71–73 (75) Thompson Street. This prime location near Bay Street boasts a total of 21 units, including a mix of residential apartments and commercial office spaces. Each building is equipped with separate heating and boiler systems, ensuring efficient management and tenant responsibility for utilities. The properties benefit from updated air rights, particularly at 73 Thompson, presenting significant development potential. Current tax abatements at 69 and 71 Thompson further enhance the financial appeal, while strong rental income provides a solid return on investment. With a net operating income of over $281,000, this package presents both immediate revenue and future growth opportunities in a high-demand area. The seller is highly motivated, making this an exceptional chance for savvy investors.

Total Units: 1

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For Rent: 0

Building type: Semi-Detached

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4 Spaces

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Stapleton

75 Thompson St, Staten Island, NY 10304

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