This two-story mixed-use building sits between the St. George Ferry and the Verrazano Bridge. It includes two (2) residential units (1-2 bedrooms) and two (2) commercial storefronts. One unit is rented at market rate; the rest are vacant. Once fully leased, the projected cap rate exceeds 8.5. 684 Bay… Read More Street offers strong current income and promising future growth. Located in the rapidly transforming Bay Street Corridor—with major city subsidies and nearby projects like The Pearl (475 Bay St) and Lighthouse Point (35 Bay St) —this is a prime opportunity for both new and experienced investors. With above-market average Cap rate and long-term appreciation upside, 684 Bay Street is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss. Read Less
Courtesy of Re/Max Edge.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family
Square Ft.
3,480
Lot Size
0.07 Acres
Year Built
1931
MLS Number
2504087
30 Days Snapshot Of 10304
$636k
-44%
(avg) sold price
11
-21%
homes sold
127
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 3,480, Leasable area: 3480, 1 building, 2 total stories, Construction materials: "Frame"
Heating
"Hot Water", "Natural Gas"
Lot
0.07 acres, 3,049 square feet, Area: 3,049
Property
Zoning: R4-C22
Sewer
"City"
Taxes
Tax annual amount: $4,720
Utilities
Electric: "220 Volts"
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