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194 Bay Street Staten Island, NY 10301
$920,000
  • Commercial
  • Year Built 1910
  • Misc
  • ML# 878489

Property Details

Overview

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.

Key Facts

  • Lot Sq Ft: 2500
  • Taxes: $2,240
  • Sale or Rent: Sale
  • Zoning: R-3-2
  • Block: 00498
  • Lot: 0060

Additional Features

  • Construction Materials: Brick

Interior & Utilities

  • Heat: Baseboard
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $2,240
Listing Information provided courtesy of Ozana Realty Group  718-684-9598
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