Additional details
$920,000
Est. payment /mo
3,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $248
MLS Listing ID 2501801
Year Built 1910
Annual Tax Amount $2,339
Lot Size 2,500 Sqft
Acres 0.06
Lot Dimensions 25x100
Property Sub-Type Commercial
Source Staten Island Multiple Listing Service
Property Condition Excellent
Property Description
Welcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
Location
State NY
County Richmond
Area Tompkinsville
Zoning R-3-2
Interior
Heating Forced Air, Natural Gas
Building
Story 3
Sewer City
Level or Stories 3
Structure Type Other
New Construction No
Others
Tax ID 00498-0060
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Listed ByOzana Realty Group
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