For Sale
$14,000,000

484 Sharrotts RdStaten Island, NY 10309

Multi-tenant industrial property, 32,500 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully occupied, two-building manufacturing complex situated on a 38,500 square foot lot in Staten Island, NY. The property, built in 2022 and renovated in 2023, boasts 32,500 square feet of net rentable space, divided between two buildings. Building A comprises approximately 28,000 square feet, featuring 14,000 square feet of warehouse space and 14,000 square feet of office space. Building B offers an additional 6,500 square feet. The complex features 18 dock-high doors, a 20-foot ceiling height, and an elevator. The first floor of Building A includes eight separate bays, each with its own meter, and 16 double bay doors for convenient access. Four spacious, leased office spaces are located on the second floor. The property includes 35 parking spaces and is zoned M-1-1. Currently 100% occupied since July 14, 2022, by four tenants, this property offers a strong return on investment with a current asking price of $14,000,000 ($282 per square foot). The modern HVAC, plumbing, and electrical systems ensure efficient and cost-effective operation. This is a rare opportunity to acquire a high-performing, multi-tenant industrial property in a prime location.

Highlights

  • 484 Sharrotts Rd, Staten Island, NY 10309, Richmond County, M-1-1 zoning.
  • Fully rented 32,500 SF manufacturing property with six tenants.
  • Two buildings: 28,000 SF Building A and 6,500 SF Building B.
  • Building A features 14,000 SF warehouse and 14,000 SF office space, new HVAC, plumbing, and electrical.
  • Building A includes 8 warehouse bays, 16 loading docks, separate meters for each bay, an elevator, and 4 second-floor offices.
  • Tenants pay $25-30/SF; 38,500 SF lot with ample parking.

Property Details for 484 Sharrotts Rd

Property type
Industrial properties, Manufacturing properties
Square Feet
32,500 SF
Year Built/Renovated
2022/2023
Buildings
2
Stories
2
Units
14

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.537521
Longitude
-74.235
484 Sharrotts Rd, Staten Island, New York

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484 Sharrotts Rd
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