Size
Financial
Listing Details
Description
Two meticulously maintained mixed-use masonry buildings offered together as a single investment package in the heart of Rosebank, Staten Island. 1084 Bay Street features one commercial storefront and one residential apartment offering a clean, two-unit asset with stable income. 1086 Bay Street features a commercial storefront, a rear studio apartment on the first floor, a one-bedroom apartment on the second floor and an additional unit suited as an apartment or office plus a separate leased garage with office. Five income streams under one roof. Ideally located right across from a commercial shopping center and just minutes from the Verrazzano Bridge, these properties sit in one of Staten Island’s fastest growing corridors with rents that are well below market and significant room to grow. Both buildings share a private driveway leading to rear parking, adding a convenience rarely found in comparable mixed-use assets. All units are separately metered, and both buildings feature full basements. Real estate taxes and water/sewer are reimbursed by tenants, keeping ownership expenses lean and NOI strong.
Location Highlights
- Rosebank, Staten Island — one of the borough’s fastest-growing commercial corridors
- Directly across from a commercial shopping center — strong foot traffic and retail demand
- Minutes from the Verrazzano-Narrows Bridge — excellent regional connectivity
- Shared private driveway with rear parking for both buildings
Property Highlights
- Two contiguous mixed-use masonry buildings — low maintenance, durable construction
- Seven total income-producing units: commercial, residential, garage, and flex office/apt
- Full basements in both buildings
- All units separately metered — no utility exposure for ownership
- Real estate taxes and water/sewer reimbursed by tenants in both buildings
- Meticulously maintained — pride of ownership throughout
- High and dry — no flood or drainage issues
- Rents well below market with significant upside on renewals and lease-up
INVESTMENT HIGHLIGHTS • Well below market rents with immediate upside on renewals and lease-up • Masonry construction — low maintenance, durable long-term asset • Shared rear parking via private driveway — a premium amenity • Separately metered units reduce management complexity • Taxes and water/sewer reimbursed — NOI-friendly expense structure • Growing Rosebank submarket with strong commercial and residential demand • Minutes to Verrazzano Bridge — excellent regional connectivity IDEAL BUYER 1031 exchange investors, private investors seeking mixed-use income, or portfolio builders looking to acquire scale and significant below-market rent upside in a single transaction. Offered exclusively as a two-building package. Financials available upon execution of CA. Contact listing agent for full offering memorandum and to schedule a tour.
Features
- Apartment
- Basement
- Office/Retail
- Parking Lot
- Retail
