Mixed-Use Building for Sale 1189 Bay St 3,000 SF 100% Leased Retail Building Staten Island, NY 10305 $1,088,888 ($362.96/SF)

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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

ATTACHMENTS

1189 Bay St (1)

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1931
Price
$1,088,888
Price Per SF
$362.96
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.49
Lot Size
0.05 AC
Zoning
C1-2
Frontage
25’ on Bay St

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Signage
Walk Score®
Very Walkable (87)

NEARBY MAJOR RETAILERS

Bubbakoo's Burritos
Club Pilates
Key Food
Associated Food
Chase Bank
Citi
CTown

PROPERTY TAXES

  • Listing ID: 34523129

  • Date on Market: 1/17/2025

  • Last Updated:

  • Address: 1189 Bay St, Staten Island, NY 10305