Listing Courtesy of Re/Max Edge
$999,900
Staten Island, NY 10305
MLS# 2401796
2600 sqft
1 / 19
Property Description
Solid mixed-use building in Rosebank, full brick, 2 family and 1 store, and a full basement. 1st floor consists of commercial space in front and a spacious 1-bedroom apartment in the rear that connects to the backyard. 2nd floor is a renovated 3 bedroom 2 full baths apartment currently occupied by paying tenants at market rent. The building is 25x52, lot is 25x100, annual property tax is $5,517 only. Separate utilities, heavy foot traffic, a projected $90,000 annual rent roll, or an 8% cap rate. Excellent for both end users or increment.
Details
Maps
Address/Legal
Street No.: 1186
Street Name: Bay
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10305
Area Name: Rosebank
Section: North Shore
Parcel ID: 02850-0031
Country: United States
Contract/Location Information
Listing Date: 2024-04-03
List Price: $999,900
Current Price: $999,900
Sub-Type: Commercial
List Price/SqFt: 384.58
Sale/Lease: Sale
Zoning: R3-A
Block: 02850
Lot: 0031
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 2
Year Built: 1945
Year Built Info: To Be Built
Taxes: 5579
Tax Abated: No
Lot Size SqFt: 2499
Lot Dim: 25x100
Irregular: No
Building SqFt: 2600
Condition: Excellent
# of Parking Spaces: 3
Air Conditioner: Units
# of A/C Units: 3
Lease Purchase: No
# of Residential Units: 2
# of Commercial Units: 1
Public Remarks: Solid mixed-use building in Rosebank, full brick, 2 family and 1 store, and a full basement. 1st floor consists of commercial space in front and a spacious 1-bedroom apartment in the rear that connects to the backyard. 2nd floor is a renovated 3 bedroom 2 full baths apartment currently occupied by paying tenants at market rent. The building is 25x52, lot is 25x100, annual property tax is $5,517 only. Separate utilities, heavy foot traffic, a projected $90,000 annual rent roll, or an 8% cap rate. Excellent for both end users or increment.
Status Change Info
Status: Active
Building Info
Building Available SqFt: 2240
Retail Available SqFt: 800
Sprinklers: No
Income & Expenses
Gross Income: 84000
Total Expense: 7500
Net Income: 76500
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 110
Features: Mixed Use
Construction: Concrete Block
Parking: Private
Expenses Include: Taxes; Utilities
Use Restrictions: None
Heat Source: Oil
Heat System: Steam
Showing Instructions: Key
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.