1189 Bay StStaten Island, NY 10305

For Sale
$1,378,888

Bay Street Restaurant & Apartments

Overview

Added:
Jan 24
Days on market:
50
This exceptional three-story, mixed-use building in Staten Island, NY, presents a compelling investment opportunity. Located on Bay Street, near Hylan Boulevard, the property features a fully renovated, 1,000+ sq ft restaurant on the ground floor with a full basement for storage and office space. A beautifully designed backyard offers potential for outdoor dining. Above the restaurant are two spacious one-bedroom, one-bathroom apartments, each with a dedicated office space. Built in 1931 and renovated in 2021, the 3,000 sq ft building boasts 2,825 sq ft of net rentable space and is currently 100% occupied. The R-4/C1-2 zoning allows for versatile use. This turn-key property is ideal for an owner-user or investor seeking passive income from established food operators and residential rentals. High foot and vehicle traffic ensures strong tenant appeal. The property offers significant potential for increased revenue streams and long-term value, making it an attractive investment in a dynamic Staten Island location. The building is classified as Class B and consists of one building with three units.

Highlights

  • $1,378,888 asking price for this mixed-use, value-add property.
  • 3,000 square feet, 2,825 square feet net rentable, with 100% occupancy.
  • Three units: one restaurant and two residential apartments.
  • 1931 construction, renovated in 2021.
  • Located at 1189 Bay St, Staten Island, NY 10305, in a high-traffic area.

Property Details for 1189 Bay St

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
3,000 SF
Class
B
Year Built/Renovated
1931/2021
Buildings
1
Stories
3
Units
3

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6143729
Longitude
-74.0661089
1189 Bay St, Staten Island, New York

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1189 Bay St
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