115 Industrial Loop, Staten Island, NY 10309

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.