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115 Industrial Loop Staten Island, NY 10309

For Sale
$2,600,000

146,200 SF Manufacturing Facility, 100% Occupied

Property size:
7,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
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.

Property Features for 115 Industrial Loop

General Information

Property type
Manufacturing properties
Square Feet
7,500 SF

Building Details

Year Built/Renovated
1996/1996
Buildings
1
Stories
1
Units
5

HighLights

  • 146,200 SF manufacturing facility on a 15,600 SF lot in Staten Island, NY.
  • Single‑story building with five units, fourteen dock‑high doors, and twenty parking spaces.
  • 100% occupancy with four tenants under a gross lease structure, generating a $146,200 NOI, 5.5% cap rate, and a pro‑forma cap rate of 5.6%.
  • All leases are short‑term with options for future rent increases.
  • Asking price: $2,600,000 ($330/SF, $167/SF land). M3‑1 zoning. Excellent access to major bridges and highways.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

ACS Metals Inc. Welding SLATER ASSOCIATES INC. Construction Company Beach, Please! Beach Clothing Store BalloonsFast.com Party Store Next Level Performance Personal Trainer

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Staten Island
County
Richmond
State
New York
Longitude
-74.2314105
Latitude
40.5516084

FAQs

What type of property is this?
Manufacturing property - 146,200 SF Manufacturing Facility, 100% Occupied
Where is this manufacturing property located?
The property is located at 115 Industrial Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 146,200 SF manufacturing facility on a 15,600 SF lot in Staten Island, NY.; Single-story building with five units, fourteen dock-high doors, and twenty parking spaces.; 100% occupancy with four tenants under a gross lease structure, generating a $146,200 NOI, 5.5% cap rate, and a pro-forma cap rate of 5.6%.
More about this property
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