Listing Courtesy of Cornerstone Realty
$685,000
Staten Island, NY 10304
MLS# 2401315
1700 sqft
1 / 6
Property Description
: Great Investment Opportunity along the Bay Street Corridor. Turnkey Investment with in place tenants and low maintenance for the owner makes 584 Bay Street an initial cash flow producing asset along with tremendous upside in a location that has seen tremendous development. Direct bill separate utilities, commercial tenant contributes to water and tax bill. Apartment is 2 Bedroom rented at $1,850 month to month. Sit back and collect the rent while the area develops. C4-2 Zoned, check with your architect for future possibilities.
Details
Maps
Address/Legal
Street No.: 584
Street Name: Bay
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10304
Area Name: Stapleton
Section: North Shore
Parcel ID: 00004-0252
Contract/Location Information
Listing Date: 2024-03-12
List Price: $685,000
Current Price: $685,000
Sub-Type: Commercial
List Price/SqFt: 402.94
Sale/Lease: Sale
Zoning: C-4-2
Block: 00004
Lot: 0252
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 2
Year Built: 1931
Year Built Info: Approx
Taxes: 2393
Tax Abated: No
Lot Size SqFt: 2011
Lot Dim: 24.96 x 81
Irregular: No
Building SqFt: 1700
Condition: Fair
Air Conditioner: Units
# of Residential Units: 1
# of Commercial Units: 1
Public Remarks: : Great Investment Opportunity along the Bay Street Corridor. Turnkey Investment with in place tenants and low maintenance for the owner makes 584 Bay Street an initial cash flow producing asset along with tremendous upside in a location that has seen tremendous development. Direct bill separate utilities, commercial tenant contributes to water and tax bill. Apartment is 2 Bedroom rented at $1,850 month to month. Sit back and collect the rent while the area develops. C4-2 Zoned, check with your architect for future possibilities.
Status Change Info
Status: Active
Building Info
Building Available SqFt: 1700
Retail Available SqFt: 850
Sprinklers: No
Income & Expenses
Gross Income: 55800
Total Expense: 11600
Net Income: 44200
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 110
Features: Retail
Construction: Frame
Parking: Street
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
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.