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80-84 Granite Ave 42,546 SF Flex Building Staten Island, NY 10303 For Sale
Investment Highlights
- $1.03M Pro Forma NOI
- Prime Distribution Area for NY and NJ
- Investor or End-User Opportunity in an Opportunity Zone
- Up to 101K BSF on a 50,500 SF Lot
- Significant Upside with No Renewal Options
- Main tenant leaving in 2025 with potential replacement upping rent from $16k/mo to $24k/mo
Executive Summary
Granite is a high-quality 2010 development with extra thick concrete walls and steel support beams, multiple loading docks, small bays, drive-ins, and a large freight elevator. It encompasses a half-block with two corners offering multiple entrance or block-through possibilities, and maximum of 101,000 BSF (58,452 additional BSF) between the two lots which total 50,500 SF.
With two-thirds of the leases expiring in 2025 and no tenant renewal options remaining, an investor could significantly and quickly increase the rental income by more than 30% while an end-user has the opportunity occupy more than half of the space by mid-2025.
Please reach out to to discuss this opportunity, set up a showing, or make an offer.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Fenced Lot
- Security System
- Balcony
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Superbe espace d'entrepôt d'environ 2100 pi² dans une zone M3-1. Cet espace d'entrepôt peut convenir à de nombreux types d'entreprises (entreposage, fabrication, espace polyvalent, etc.). L'espace dispose de plafonds de 14 pieds, d'une place de stationnement accessible en voiture et d'une porte basculante pour véhicules.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,100 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 2,100 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,100 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Superbe espace d'entrepôt d'environ 2100 pi² dans une zone M3-1. Cet espace d'entrepôt peut convenir à de nombreux types d'entreprises (entreposage, fabrication, espace polyvalent, etc.). L'espace dispose de plafonds de 14 pieds, d'une place de stationnement accessible en voiture et d'une porte basculante pour véhicules.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,375,865 CAD (2025) | |
| Land Assessment | $810,675 CAD (2025) | Total Assessment | $3,186,539 CAD (2025) |
Property Taxes
Presented by
80-84 Granite Ave
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