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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 878489
Rental Info No
Year Built 1910
Annual Tax Amount $2,239
Property Sub-Type Other
Source onekey2
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 (staten Island)
Rooms
Basement Unfinished
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
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Listed by Ozana Realty Group
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Valon Nikci
CEO & Principal Broker | License ID: 10991208180
CEO & Principal Broker License ID: 10991208180