115 Industrial LoopStaten Island, NY 10309

This exceptional 146,200-square-foot manufacturing facility, located at 115 Industrial Loop, Staten Island, NY 10309, presents a compelling investment opportunity. The property, built in 1996 and renovated the same year, sits on a 15,600-square-foot lot and boasts a single-story building with five units and fourteen dock-high doors. Currently housing four tenants under a gross lease structure with 100% occupancy, the property generates a strong net operating income (NOI) of $146,200, resulting in a 5.5% cap rate and a pro-forma cap rate of 5.6%. Each of the five manufacturing bays is occupied by a different professional tenant, each responsible for their own utilities. The property offers ample parking with twenty spaces (three per unit) and benefits from convenient access to major transportation arteries, including the West Shore Expressway, providing easy connections to the Outerbridge Crossing, Bayonne Bridge, Goethals Bridge, and the Verrazano Narrows Bridge. All leases are short-term with options, allowing for future rent bumps of 3%. The asking price is $2,600,000, translating to $330 per square foot and $167 per square foot for land value. The property is zoned M3-1. This is a rare opportunity to acquire a well-located, high-performing industrial asset in a prime location.