This Multifamily Property is no longer advertised on LoopNet.com.

69 Thompson St
Staten Island, NY 10304
Multifamily Property For Sale · 20 Units

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 9,816 SF
Average Occupancy 100%
No. Stories 3
Year Built 2001
Zoning C4-2 - C4 districts are mapped in regional commercial centers that are located outside of the central business districts.

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Hardwood Floors
  • Oven
  • Wheelchair Accessible (Rooms)

About 69 THOMPSON ST , STATEN ISLAND, NY 10304

Attention Investors and Developers, This is a dream property off of Bay St, 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 its worth $3,859,714. Included is the ability of further development due to air rights change to all three buildings but specifically 73 Thompson, also the area is already gentrifying to a cap of 8% or better as well as not to be forgotten 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.

Property Taxes

Property Taxes

Parcel Number
00524-0043
Land Assessment
$125,379
Improvements Assessment
$158,121
Total Assessment
$283,500
  • Listing ID: 15291797

  • Date on Market: 2/27/2019

  • Last Updated:

  • Address: 69 Thompson St, Staten Island, NY 10304

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