194 Bay ST Active

Staten Island,NY 10301

$ 920000

- Bed

0 Bath

3700 SqFt


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 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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