1189 Bay St - Storefront Retail/Residential FOR SALE


Staten Island, NY 10305- Rosebank
$1,088,888 USD
718-200-7799
1189 Bay St, Staten Island, NY for Sale
$1,088,888 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

1189 Bay St
Staten Island, NY 10305
Rosebank


HIGHLIGHTS

  • Great Visibility
  • Heavy Day Time Foot Traffic
  • 2022 Renovated Retail Space
  • Brick Building
  • Build-Out Backyard

OVERVIEW

Presenting an exceptional mixed-use investment property strategically located on Bay Street, just off the high-traffic Hylan Boulevard corridor. This premium asset is perfectly suited for investors seeking consistent rental income. Key Features and Highlights: Newly Renovated Retail Space: The ground floor offers over 1,000 SF of newly renovated retail space, designed to attract established tenants seeking high visibility. This space includes a full basement for additional storage or operational use, complemented by an inviting backyard ideal for customer engagement or private events, increasing tenant appeal. Residential Units: Two spacious 1-bedroom, 1-bathroom apartments located above the retail space provide stable additional income. Each apartment features modern finishes and dedicated office spaces, catering directly to the demands of contemporary urban tenants. Prime Visibility and Traffic: Situated in one of Staten Island’s most vibrant and high-traffic areas, this property benefits from consistent foot and vehicle traffic, significantly enhancing its leasing desirability and investment stability. Strong Investment Fundamentals with diversified income streams from both retail and residential tenants, this asset presents an attractive investment opportunity characterized by stable cash flow, and robust market positioning. Note: The Retail Space will be delivered Vacant

FOR SALE DETAILS

PRICE

$1,088,888 USD

PRICE/SF

$363 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Building for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,016 SF

ZONING

C1-2

APN/PARCEL ID

02829-0002

ASK ABOUT THIS PROPERTY

Robert NixonPreRealMore Info
718-200-7799

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Robert NixonPreRealMore Info
718-200-7799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.