$1,769,999
Staten Island, NY 10305
MLS# 2506460
4590 sqft
1 / 46
Property Description
Located along Staten Islands '' Bay Street Corridor'' the proximity to Brooklyn and NYC is impeccable. Steps from your front door lands you at bus service to Brooklyn and Staten Island ferry. Minutes to train station. Seconds to reasturants and cafe's nightlife couldn't be any closer. Not only is this Legally 3 unit building fully renovated its delivered vacant! Boasting over 4500 sq feet not including the full basement. Currently zoned R3A with C1-2 overlay this allows for additional expansion of 1400sq ft consult with your architect. 2 Loft style apartments feature 10ft ceilings hardwood floors 3 bedrooms and well configured layouts. Storefront is ideal for Urgent care, Starbucks, Grocery store, Gym, Boutique, Supply house, the possibilities go on. Basement can produce additional revenue for storage or office suites. Large yard complete the space making this a smart investment with a potential of 8-10 pct. cap rate. Start your investment journey right here.
Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 385.62
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 3
Taxes: 9197
Tax Abated: No
Lot Size SqFt: 3000
Year Built Info: Approx
Lot Dim: 30 X 100
Irregular: No
Air Conditioner: Central
# of A/C Units: 8
Condition: Excellent
Garage Capacity: 1
# of Parking Spaces: 0
# Units: 3
Lease Purchase: No
# of Residential Units: 2
# of Commercial Units: 1
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Located along Staten Islands '' Bay Street Corridor'' the proximity to Brooklyn and NYC is impeccable. Steps from your front door lands you at bus service to Brooklyn and Staten Island ferry. Minutes to train station. Seconds to reasturants and cafe's nightlife couldn't be any closer. Not only is this Legally 3 unit building fully renovated its delivered vacant! Boasting over 4500 sq feet not including the full basement. Currently zoned R3A with C1-2 overlay this allows for additional expansion of 1400sq ft consult with your architect. 2 Loft style apartments feature 10ft ceilings hardwood floors 3 bedrooms and well configured layouts. Storefront is ideal for Urgent care, Starbucks, Grocery store, Gym, Boutique, Supply house, the possibilities go on. Basement can produce additional revenue for storage or office suites. Large yard complete the space making this a smart investment with a potential of 8-10 pct. cap rate. Start your investment journey right here.
Year Built: 1931
Building SqFt: 4590
Sewer
City: 1
Use Restrictions
None: 1
Electric
220: 1
Showing Instructions
Lock Box: 1
Heat Source
Electric: 1
Heat System
Forced Air: 1
Expenses Include
Insurance: 1
Taxes: 1
Utilities: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Off Street: 1
On Street: 1
Garage Location
None: 1
Income & Expense
Gross Scheduled Income: 17622
Electric Expense: 2000
Insurance Expense: 3000
Net Operating Expense: 31627
Operating Expense: 5000
Other Expenses: 5000
Cap Rate: 8.6
New Taxes Expense: 8708
Water Expense: 5000
Features
Apartment: 1
Garage/Service Station: 1
House of Worship: 1
Laundromat: 1
Medical/Dental: 1
Mixed Use: 1
Office: 1
Office/Warehouse: 1
Restaurant: 1
Retail: 1
School Building: 1
Shopping Center: 1
Building Info
Building Available SqFt: 4590
Sprinklers: No
Construction
Frame Brick: 1
AddressLegal
Street No.: 1256
Street Name: Bay
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10305
Area Name: Rosebank
Parcel ID: 02857-0033
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-11-04
List Price: $1,769,999
Current Price: $1,769,999
Sub-Type: Commercial
Zoning: R3A/C1-2
Block: 02857
Lot: 0033
Property Features
Electric Meters: Individual
Garage Location: None
Expenses Include: Insurance; Taxes; Utilities
Gas Meters: Individual
Use Restrictions: None
Heat Source: Electric
Heat System: Forced Air
Showing Instructions: Lock Box
Electric: 220
Features: Apartment; Garage/Service Station; House of Worship; Laundromat; Medical/Dental; Mixed Use; Office; Office/Warehouse; Restaurant; Retail; School Building; Shopping Center
Construction: Frame Brick
Parking: Off Street; On Street
Listing Courtesy of Robert DeFalco Realty, Inc.
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.