$1,200,000
586 Bay Street
Staten Island, NY 10304
MLS# 2403408
Status: Closed
7000 sqft


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Property Description
LEASED STORE FRONT & 2X2 BEDROOM APARTMENTS AVAILABLE FOR SALE AT 1.3 MILLION ASKING PRICE . SOLID, FAIRLY NEW MIXED-USED BUILDING IN STAPLETON, CINDER BLOCK STRUCTURE OFFERS 2 X 2 BEDROOM UNITS COMPLETLY REDONE AND A LARGE COMMERCIAL SPACE THAT OFFERS A STRONG LONG TERM LEASE. FIRST LEVEL: CONSISTS OF COMMERCIAL SPACE USED AS SUCCESSFUL GYM $4,600/MONTH WITH INCREASES . LEVEL 2 OFFERS: 2 APARTMENTS, 2 BEDROOMS , 2 BATHROOMS , LEASED AT $1,600 & 1,700/ A MONTH . ALL FULLY REDONE TO A CUSTOM LEVEL . CALCULATED SQ/FT UNDER AIR 6,690SQ/FT. EACH TENANT PAYS THEIR OWN UTILITIES. EXCELLENT FOR AN INVESTOR OR FUTURE USER.

Details
Maps
Documents
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 185.71
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 2
Taxes: 12328
Tax Abated: No
Lot Size SqFt: 4349
Year Built Info: Approx
Lot Dim: 25' X 81'
Irregular: Yes
Air Conditioner: Central
# of A/C Units: 3
Condition: Excellent
Garage Capacity: 0
# of Parking Spaces: 0
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: LEASED STORE FRONT & 2X2 BEDROOM APARTMENTS AVAILABLE FOR SALE AT 1.3 MILLION ASKING PRICE . SOLID, FAIRLY NEW MIXED-USED BUILDING IN STAPLETON, CINDER BLOCK STRUCTURE OFFERS 2 X 2 BEDROOM UNITS COMPLETLY REDONE AND A LARGE COMMERCIAL SPACE THAT OFFERS A STRONG LONG TERM LEASE. FIRST LEVEL: CONSISTS OF COMMERCIAL SPACE USED AS SUCCESSFUL GYM $4,600/MONTH WITH INCREASES . LEVEL 2 OFFERS: 2 APARTMENTS, 2 BEDROOMS , 2 BATHROOMS , LEASED AT $1,600 & 1,700/ A MONTH . ALL FULLY REDONE TO A CUSTOM LEVEL . CALCULATED SQ/FT UNDER AIR 6,690SQ/FT. EACH TENANT PAYS THEIR OWN UTILITIES. EXCELLENT FOR AN INVESTOR OR FUTURE USER.
Year Built: 2002
Building SqFt: 7000
Status Change Info
Projected Close Date: 2025-04-30
Pending Date: 2025-02-25
Sold Date: 2025-11-15
Sold Price: $1,200,000
Sewer
City: 1
Electric
220: 1
Showing Instructions
Call Office: 1
Heat Source
Gas: 1
Heat System
Forced Air: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Income & Expense
Gross Income: 94800
Total Expense: 17328
Net Income: 77472
Features
Apartment: 1
Retail: 1
Building Info
Building Available SqFt: 6690
Warehouse Ceiling Height: 0
Retail Available SqFt: 3500
Sprinklers: No
Construction
Concrete Block: 1
AddressLegal
Street No.: 586
Street Name: Bay
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10304
Area Name: Stapleton
Parcel ID: 00521-0022
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2024-06-14
Sold Price: $1,200,000
Current Price: $1,200,000
Sub-Type: Commercial
Zoning: C4-2
Block: 00521
Lot: 0022
Property Features
Electric Meters: Individual
Gas Meters: Individual
Heat Source: Gas
Heat System: Forced Air
Showing Instructions: Call Office
Electric: 220
Features: Apartment; Retail
Construction: Concrete Block

Listing Courtesy of RJM Realty Empire 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.