About 661-663 Bay Street

Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.

Facts & Features

Type Commercial
Area Stapleton
County Richmond
Condition Excellent
Lot Size Sqft 3,182
Lot Dim 49x81
Taxes 33424
Tax Abated No
Year Built 1931
Building Sqft 7,650
List Price per Sqft $196
Zoning R4-C22
Sewer City
Electric 220 Volts
Heating Source Hot Water, Natural Gas
Heating System Hot Water, Natural Gas
# of A/C Units 4

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Listing Office: Compass Realty Central Inc.