01Basement storage for NYC multifamily

Turn unused space
into building income.

Presidio plans, builds, and operates resident-only self-storage in underused NYC multifamily basements. Residents pay monthly, and building ownership receives an agreed share of the revenue without taking on day-to-day management.

Evaluate your property See the transformation

Built for ownership. Reserved for residents.
Managed from installation through monthly reporting.

Space transformation01 / 03

Concept plan Tenant storage

ExistingIdle basement1,250 SF

Unused room

ReimaginedResident storage

010203040506070809Secure access aisle

Building-specific designNYC multifamily

Unused square footageResident amenity + owner income

Recurring incomeOwnership shares in monthly revenue

Presidio-fundedNo landlord installation budget

Fully managedLeasing, billing, and operations handled

Resident-onlyStorage stays exclusive to the building

Property-specificLayout and revenue split tailored to fit

For property owners and managers

Existing basementPresidio investment & operationsNew ancillary income

The opportunity

The basement is already there.
We give it a better job.

Turn an overlooked back-of-house room into a clean, managed amenity that serves residents while generating recurring ancillary income for building ownership.

BeforeUnderutilized

Vacant basement room

Space without a purpose

Empty or lightly used basement areas can sit dormant while residents search elsewhere for storage.

AfterResident amenity

Secure aisle

Organized, useful, income-producing

A clean storage layout reserved for building residents, with operations handled through one accountable partner and revenue shared with ownership.

How it works

One accountable partner from evaluation to revenue.

Every building is different. The process is consistent, but the layout and operating plan are tailored to the property.

Presidio handles

Property assessment
Storage planning
Installation coordination
Resident leasing
Billing & collections
Ongoing support
Revenue-share reporting

Evaluate the property

We walk the basement, review access and utilities, and identify the square footage with the strongest storage potential.

Design the system

We create a building-specific layout and operating plan that uses the available area efficiently.

Build & activate

Presidio coordinates the agreed improvement work, installs durable storage units, and prepares the space for resident use.

Operate & share revenue

We handle resident onboarding, billing, unit management, ongoing support, and the property’s agreed revenue-share reporting.

For building owners

More useful space.
More productive property.

Create recurring income

Ownership receives a negotiated percentage of monthly storage revenue generated inside the building.

Avoid an ownership capital project

Presidio funds and manages the agreed installation scope, so ownership does not take on a separate storage buildout budget.

Improve the resident offering

Give tenants secure, convenient storage inside the building while keeping the amenity exclusive to residents.

Keep operations hands-off

Presidio coordinates the physical conversion and manages the resident-facing program, billing, and support.

A model that scales

More useful space. More income potential.

We can evaluate a single property or develop a rollout plan across multiple multifamily buildings—creating a repeatable ancillary-income program across a portfolio.

Small6–10potential units

Medium20–40potential units

Large80–100potential units

Questions, answered

A straightforward model for owners and residents.

01What does it cost building ownership?

Under Presidio’s standard partnership model, Presidio funds and manages the agreed storage conversion. The final scope, responsibilities, and revenue split are documented for each property before work begins.

02How does ownership earn from the storage program?

Residents rent their storage units monthly, and building ownership receives a negotiated percentage of the storage revenue. The percentage is flexible and finalized for each property based on the space, project scope, and operating structure.

03Who can rent the storage units?

Only residents of the host apartment building. The storage is positioned as an exclusive building amenity and is not marketed to the general public.

04What does the landlord have to manage?

Presidio is designed as a hands-off program for ownership. We coordinate the layout, installation, resident leasing, billing, collections, and ongoing management. Final responsibilities are documented for each property.

05How much space is needed?

There is no single minimum that fits every building. We evaluate the usable square footage, room shape, access, and utilities, then recommend a unit mix that makes sense for the property.

06How are units priced for residents?

Pricing is set for the building and unit mix with resident convenience and comparable local storage options in mind. The units remain an exclusive amenity for residents of the host property.

07How is resident access handled?

The exact access plan is tailored to the building. Storage rooms are limited to authorized residents, and individual units use resident-controlled locks.

08What happens during a property evaluation?

We review the basement size, current condition, access, utilities, and potential unit mix. Ownership then receives a preliminary concept and next-step recommendation.

Start with the opportunity

See what your
basement could earn.

Send us the property address and a brief description of the available basement area. We’ll assess the layout, potential unit mix, and a flexible revenue-share structure for the property.

Share the property address and what you know about the space.

We review fit and contact you to arrange an on-site evaluation.

You receive a property-specific concept and partnership outline.