530 Sharrotts RdStaten Island, NY 10309

This exceptional investment opportunity presents a brand-new, state-of-the-art manufacturing building located at 530 Sharrotts Rd, Staten Island, NY 10309. Completed in 2023, this 20,920-square-foot facility sits on a 20,600-square-foot lot and boasts a 100% occupancy rate with a net lease in place. The asking price is $9,500,000, representing a compelling 7.80% cap rate based on a current Net Operating Income (NOI) of $585,760. The building features 14 dock-high doors, 18-foot ceilings, and is zoned M-1-1. The property consists of two units, with the ground floor currently available for lease at $32 per square foot. The second floor is already leased under a long-term triple-net lease, commencing upon completion of construction, at a monthly income of $43,000. This two-story building offers convenient access to major roadways and ample parking. The property's modern design and prime location make it an ideal investment for discerning buyers seeking strong returns and long-term stability. The building dimensions are 57 feet by 150 feet. The lease commenced on May 1, 2024. The property's APN is 07328-0265.