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$2,400,000
Est. payment /mo
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $320
MLS Listing ID 2504237
Year Built 1996
Annual Tax Amount $33,487
Lot Size 0.358 Acres
Acres 0.36
Lot Dimensions 104x150
Property Sub-Type Industrial
Source Staten Island Multiple Listing Service
Property Description
For Sale 2.4 Million (Firm Asking Price)115 Industrial Loop | Prime M3-1 Zoned Property.
Excellent opportunity for users and investors.
Zoning: M3-1 - Ideal for industrial and manufacturing uses. Occupancy: 5 Bays / 5 Tenants / 6 Income Streams (including adjacent side yard. Side Yard Income: 1,000/month. Rental Income: Most bays currently at or near market value (3,000-3,200/month). Lease Terms: Tenants are on short-term leases, with the majority expressing interest in extending. Utilities: Each tenant is responsible for their own utilities and garbage removal. Parking: 20 on-site parking spaces. Access: Excellent connectivity to major roadways and bridges: West Shore Expressway ,Outerbridge Crossing, Bayonne Bridge, Goethals Bridge, Verrazzano-Narrows Bridge .
A strong cash-flowing asset with upside potential in tenant stabilization and rental increases.
Excellent opportunity for users and investors.
Zoning: M3-1 - Ideal for industrial and manufacturing uses. Occupancy: 5 Bays / 5 Tenants / 6 Income Streams (including adjacent side yard. Side Yard Income: 1,000/month. Rental Income: Most bays currently at or near market value (3,000-3,200/month). Lease Terms: Tenants are on short-term leases, with the majority expressing interest in extending. Utilities: Each tenant is responsible for their own utilities and garbage removal. Parking: 20 on-site parking spaces. Access: Excellent connectivity to major roadways and bridges: West Shore Expressway ,Outerbridge Crossing, Bayonne Bridge, Goethals Bridge, Verrazzano-Narrows Bridge .
A strong cash-flowing asset with upside potential in tenant stabilization and rental increases.
Location
State NY
County Richmond
Area Charleston
Zoning M3-1
Interior
Heating Electric, Other
Cooling None
Building
Story 1
Sewer Septic Tank
Level or Stories 1
Structure Type Block
New Construction No
Others
Tax ID 07206-0269
Read Less Info
Listed ByRJM Realty Empire Inc.
GET MORE INFORMATION
Hal Blake
Broker | License ID: 10491210994
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