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INVESTMENT HIGHLIGHTS
- $1.03M Pro Forma NOI
- Prime Distribution Area for NY and NJ
- Investor or End-User Opportunity in an Opportunity Zone
- Up to 101K BSF on a 50,500 SF Lot
- Significant Upside with No Renewal Options
- Main tenant leaving in 2025 with potential replacement upping rent from $16k/mo to $24k/mo
EXECUTIVE SUMMARY
Investor and end-user potential! Welcome to 80 Granite Avenue and 71 Houseman Avenue, a remarkable 42,546 SF industrial/flex property and additional ~17,500 SF lot of land in Mariner's Harbor, Staten Island. Sitting only two blocks from the Bayonne Bridge and five minutes from the BQE, this well situation property allows quick access to Brooklyn, Jersey City, Elizabeth, and the Newark Airport.
Granite is a high-quality 2010 development with extra thick concrete walls and steel support beams, multiple loading docks, small bays, drive-ins, and a large freight elevator. It encompasses a half-block with two corners offering multiple entrance or block-through possibilities, and maximum of 101,000 BSF (58,452 additional BSF) between the two lots which total 50,500 SF.
With two-thirds of the leases expiring in 2025 and no tenant renewal options remaining, an investor could significantly and quickly increase the rental income by more than 30% while an end-user has the opportunity occupy more than half of the space by mid-2025.
Please reach out to to discuss this opportunity, set up a showing, or make an offer.
Granite is a high-quality 2010 development with extra thick concrete walls and steel support beams, multiple loading docks, small bays, drive-ins, and a large freight elevator. It encompasses a half-block with two corners offering multiple entrance or block-through possibilities, and maximum of 101,000 BSF (58,452 additional BSF) between the two lots which total 50,500 SF.
With two-thirds of the leases expiring in 2025 and no tenant renewal options remaining, an investor could significantly and quickly increase the rental income by more than 30% while an end-user has the opportunity occupy more than half of the space by mid-2025.
Please reach out to to discuss this opportunity, set up a showing, or make an offer.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Security System
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Great warehouse space appx 2100 SF in M3-1 zoning. This warehouse space can be used for many kinds of businesses (storage, manufacturing, flex space, etc.) The space has 14 FT ceilings, a drive up parking spot and a drive-in overhead door.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,100 SF | Flex | - | Now |
1st Floor
| Size |
| 2,100 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 2,100 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
Great warehouse space appx 2100 SF in M3-1 zoning. This warehouse space can be used for many kinds of businesses (storage, manufacturing, flex space, etc.) The space has 14 FT ceilings, a drive up parking spot and a drive-in overhead door.
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,705,770 (2025) | |
| Land Assessment | $582,030 (2025) | Total Assessment | $2,287,800 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$582,030 (2025)
Improvements Assessment
$1,705,770 (2025)
Total Assessment
$2,287,800 (2025)
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80-84 Granite Ave
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