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661-663 Bay Street, Staten Island, NY 10304 (MLS# 1164185)

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661-663 Bay Street, Staten Island, NY 10304

$999,999
Property Type: MultiFamily Bedrooms: 8 Baths: 5 Square Footage: 7,650 Lot Size (sq. ft.): 3,182 Status: Closed
Current Price: $999,999 List Date: 3/06/2024 Last Modified: 9/26/2024

Overview

Description

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.

Listing Details MLS# 1164185

AddressLegal

Street No.
661-663
Street Name
Bay
Street Suffix
Street
County
Richmond
State
NY
Zip Code
10304
Area Name
Stapleton
Parcel ID
00496-0110

ContractLocation Information

Marketing/Listing Date
2023-09-07
Sub-Type
Quadruplex
Zoning
C2-2
Block
00496
Lot
0110

General Property Info

Stories
3
Full Baths
4
3/4 Baths
5
Total Baths
5
Year Built
1931
Year Built Info
Approx
Taxes
33424
Tax Abated
No
Lot Size SqFt
3182
Lot Dim
49x81
Irregular
Yes
Building SqFt
7650
# Units
5
No. of Heating Units
5
Air Conditioner
Units
# of A/C Units
4
Public Remarks
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.

Status Change Info

Pending Date
2024-05-13
Sold Date
2024-07-18
Projected Close Date
2024-05-20

Unit 1

Unit 1 - Level
2
Unit 1 - Rent/Month
1750
Unit 1 - # Rooms
5
Unit 1 - # Bedrooms
3
Unit 1 - # Baths
Yes

Unit 2

Unit 2 - Level
2
Unit 2 - # Rooms
3
Unit 2 - # Bedrooms
Yes

More Information

Unit 3

Unit 3 - Level
3
Unit 3 - Rent/Month
1750
Unit 3 - # Rooms
5
Unit 3 - # Bedrooms
3
Unit 3 - # Baths
Yes

Unit 4

Unit 4 - Level
3
Unit 4 - Rent/Month
1000
Unit 4 - # Rooms
3
Unit 4 - # Bedrooms
Yes
Unit 4 - # Baths
Yes

Property Features

Electric Meters: Individual Gas Meters: Individual Sewer: Public Sewer Electric: 220 Basement: None; Other Parking: On Street Garage Location: None Siding: Brick Heat Source: Natural Gas Heat System: Hot Water Property Condition: Excellent
Listing Courtesy of Compass Realty Central Inc.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.