Entity Owned 
For Lease
Contact for pricing
115 Industrial Loop, Staten Island, NY 10309
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Property summary
AI-generated overview
This single-story, 7,500 square foot manufacturing building at 115 Industrial Loop, Staten Island, NY 10309, offers a 1,450 square foot bay immediately available for lease. Built in 1996 and renovated the same year, the property features a total of five suites within a single building, situated on a 7,500 square foot lot with 104 feet of frontage. The minimum divisible space is 1,450 square feet, which is also the maximum contiguous space currently available. An additional 1,450 square foot bay will become available February 1, 2023. The building has a floor area ratio (FAR) of 2. Annual property taxes are $32,039. This is a great opportunity for a manufacturer seeking a well-maintained space in a convenient Staten Island location. The asking rent for the immediately available space is $2,900 per month gross. Lease terms are open to negotiation.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
7,150 SF
Lot
0.36 ac (15,600 SF)
Zoning code
M3-1
APN
07206-0269
UPID
US63-2365144
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Factory Metal Fabrication Plant
-
Construction Company
-
Beach Clothing Store
-
Party Supply Store (Bike/Boat/Book/etc) Store
-
Gym & Fitness Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.34M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$405k
Owner & transaction history
since 2025
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
M3-1 · Staten Island, NY
Top alternative use upside
Auto repair, garage
$2.5M
+86.9%
Retail stores
$2.4M
+77.0%
Office building
$2.1M
+59.3%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$405k
Value range
$365k – $446k
±10% around blend
Estimated value / SF
$57 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$365k
blend $405k
$446k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,150 SF
Lot area
0.36 ac
Year built
1996
Stories
1
APN
07206-0269
Zoning
M3-1
Assessed value
$299,160
Annual tax
$30,028
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.34M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.53M
@ 6.5% CAP return
$2.34M
@ 7% CAP return
$2.17M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$30,028
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$8.14M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.9 mi away · 8,270 SF
19.7 mi away · 5,990 SF
20.4 mi away · 9,000 SF
20.9 mi away · 6,186 SF
21.4 mi away · 7,020 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$405k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 50 sales
$188
-70%
County 50 sales
$188
-70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $57/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+87%
vs current-use indication
Retail Stores
Office Building
Commercial (general)
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$327k
Move the market yield to see immediate price impact.
Value / SF
$46
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$21k
$412k
$294k
$229k
$23k
$458k
$327k
$254k
$25k
$504k
$360k
$280k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$3.30M
13.1 mi · Jan 2026 · $446/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$30,028
Tax year 2024
Assessed value
$299,160
Assessed 2024
Previous assessed
$314,550
-4.9% YoY
Effective rate
10.04%
On assessed value
Assessed land
$108,900
Assessed improvement
$190,260
Land market value
$242,000
Improvement market value
$388,000
Total market value
$630,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1996
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
7,150 SF
Lot
0.36 ac (15,600 SF)
Zoning code
M3-1
APN
07206-0269
UPID
US63-2365144
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M3-1 · Staten Island, NYZoning M3-1 · permitted uses
M3-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M3-1
Jurisdiction
Staten Island, NY
Recorded code
M3-1
Ownership Intelligence
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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