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… Read More 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. Read Less
Courtesy of Ozana Realty Group.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family
Square Ft.
3,700
Lot Size
0.06 Acres
Year Built
1910
MLS Number
2501801
30 Days Snapshot Of 10301
$634k
-11%
(avg) sold price
15
-16%
homes sold
204
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1910, Building area total: 3,700, Leasable area: 3700, 1 building, 3 total stories, Construction materials: "Other"
Expenses
Operating expense: $13,765
Heating
"Forced Air", "Natural Gas"
Income
Gross income: $59,706, Net operating income: $45,941
Lot
0.06 acres, 2,500 square feet, Area: 2,500
Parking
1 total parking, "Street"
Property
Zoning: R-3-2
Sewer
"City"
Taxes
Tax annual amount: $2,340
Utilities
Electric: "220 Volts"
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