1256 Bay St - Apartments FOR SALE


Staten Island, NY 10305- Shore Acres
$1,899,999 USD
347-466-1013
1256 Bay St, Staten Island, NY for Sale
$1,899,999 USD
Apartments - FOR SALE
1/47
null | 9% Cap Rate

1256 Bay St
Staten Island, NY 10305
Shore Acres


HIGHLIGHTS

  • heavy foot traffic
  • near bus service
  • near train service

OVERVIEW

Located along Staten Islands '' Bay Street Corridor'' the proximity to Brooklyn and NYC is impeccable. Steps from your front door lands you at bus service to Brooklyn and Staten Island ferry. Minutes to train station. Seconds to reasturants and cafe's nightlife couldn't be any closer. Not only is this Legally 3 unit building fully renovated its delivered vacant! Boasting over 4500 sq feet not including the full basement. Currently zoned R3A with C1-2 overlay this allows for additional expansion of 1400sq ft consult with your architect. 2 Loft style apartments feature 10ft ceilings hardwood floors 3 bedrooms and well configured layouts. Storefront is ideal for Urgent care, Starbucks, Grocery store, Gym, Boutique, Supply house, the possibilities go on. Basement can produce additional revenue for storage or office suites. Large yard complete the space making this a smart investment with a potential of 8-10 pct. cap rate. Start your investment journey right here.

FOR SALE DETAILS

PRICE

$1,899,999 USD

PRICE/SF

$414 USD /SF

# OF UNITS

3

PRICE/UNIT

$633,333

CAP RATE

9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R3A / C1-2

APN/PARCEL ID

02857-0033

ASK ABOUT THIS PROPERTY

Monica GirgisDeFalco CommercialMore Info
347-466-1013

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Monica GirgisDeFalco CommercialMore Info
347-466-1013

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