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Additional details
$1,300,000
Est. payment /mo
3,480 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $373
MLS Listing ID 2504087
Year Built 1931
Annual Tax Amount $4,720
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30 x 100
Property Sub-Type Commercial
Source Staten Island Multiple Listing Service
Property Condition Good
Property Description
This two-story mixed-use building sits between the St. George Ferry and the Verrazano Bridge. It includes two (2) residential units (1-2 bedrooms) and two (2) commercial storefronts. One unit is rented at market rate; the rest are vacant. Once fully leased, the projected cap rate exceeds 8.5.
684 Bay Street offers strong current income and promising future growth. Located in the rapidly transforming Bay Street Corridor—with major city subsidies and nearby projects like The Pearl (475 Bay St) and Lighthouse Point (35 Bay St) —this is a prime opportunity for both new and experienced investors.
With above-market average Cap rate and long-term appreciation upside, 684 Bay Street is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss.
684 Bay Street offers strong current income and promising future growth. Located in the rapidly transforming Bay Street Corridor—with major city subsidies and nearby projects like The Pearl (475 Bay St) and Lighthouse Point (35 Bay St) —this is a prime opportunity for both new and experienced investors.
With above-market average Cap rate and long-term appreciation upside, 684 Bay Street is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss.
Location
State NY
County Richmond
Area Stapleton
Zoning R4-C22
Interior
Heating Hot Water, Natural Gas
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Frame
New Construction No
Others
Tax ID 00528-36
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Listed ByRe/Max Edge
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