$999,999
Staten Island, NY 10304
MLS# 1164186
Status: Closed
7650 sqft
1 / 8
Property Description
Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.
Details
Maps
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 196.08
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 3
Taxes: 33424
Tax Abated: No
Lot Size SqFt: 3182
Year Built Info: Approx
Lot Dim: 49x81
Irregular: Yes
Air Conditioner: Units
# of A/C Units: 4
Condition: Excellent
Garage Capacity: 0
# of Parking Spaces: 0
Lease Purchase: No
# of Residential Units: 4
# of Commercial Units: 2
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.
Year Built: 1931
Building SqFt: 7650
Status Change Info
Projected Close Date: 2024-05-20
Pending Date: 2024-05-13
Sold Date: 2024-07-18
Sold Price: $999,999
Sewer
City: 1
Use Restrictions
None: 1
Electric
220: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Income & Expense
Gross Income: 128400
Total Expense: 46000
Net Income: 82400
Features
Mixed Use: 1
Building Info
Building Available SqFt: 7650
Retail Available SqFt: 2450
Sprinklers: No
Construction
Frame Brick: 1
AddressLegal
Street No.: 661-663
Street Name: Bay
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10304
Area Name: Stapleton
Parcel ID: 00496-0110
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2023-09-07
Sold Price: $999,999
Current Price: $999,999
Sub-Type: Commercial
Zoning: R4-C22
Block: 00496
Lot: 0110
Property Features
Electric Meters: Individual
Gas Meters: Individual
Use Restrictions: None
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
Electric: 220
Features: Mixed Use
Construction: Frame Brick
Listing Courtesy of Compass Realty Central 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.