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$ 1,300,000
Est. payment /mo
Active
684 Bay ST Staten Island, NY 10304
3,480 SqFt
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $373
MLS Listing ID 494195
Year Built 1931
Annual Tax Amount $4,720
Property Sub-Type Mixed Use
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. This property 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, this is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss.
Location
State NY
County Staten Island
Area Stapleton
Zoning R4 / C2-2
Rooms
Basement Partial
Interior
Interior Features Other
Hot Water Other
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Vinyl Siding
Roof Type Flat
Building
Story 2
Foundation Slab Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge