A rare opportunity in Stapletonâ??s prime location near Bay Street: 69â??71â??73 (75) Thompson Street. Three buildings are being sold as a package, offering a total of 21 units: 13 apartments with 2 bedrooms and 1 bath each, 4 offices, 4 garages. heater, boiler separated, tenants pay utilities they own. Annual gross income: $356,440, Annual expenses: $75,024.66, Net operating income: $281,415. Current return: 8%+ with additional upside. Significant development potential due to updated air rights (especially at 73 Thompson), 69 & 71 Thompson benefit from ongoing tax abatements, Strong rental income with upside from leasing vacant space, Prime, high-demand location with long-term growth potential. The seller is motivated and open to all serious offers. Donâ??t miss the chance to own this exceptional investment property.
Details:
Families:
13
Property Type:
Mixed Use
Lot Size:
83x100
Built:
2001
Financials:
Price:
$3,488,000
Century 21 Realty First Benson Huang Office: (718)758-5838
provided by Brooklyn NY MLS
![[Stapleton Real Estate, listing number 3316391]](https://www.vlshomes.com/images/full/3316391a.jpg)