585 Bay Street
$1,350,555
5
4
4,710
4,710
$287
Listed By Compass
Description
Amazing Opportunity in Stapleton, Staten Island!!! Corner mixed-use Brick Building in a high traffic location. Great visibility / long term retail tenant / good development potential. The back extension part of the building was reconstructed 5 years ago with a new roof and parapet walls. The 2nd floor 2 bedroom apartment is newly renovated with high-end kitchen and appliances with beautiful hardwood floors and fashionable brick wall in bedroom. The apartment features high efficiency fujitsu split...Amazing Opportunity in Stapleton, Staten Island!!! Corner mixed-use Brick Building in a high traffic location. Great visibility / long term retail tenant / good development potential. The back extension part of the building was reconstructed 5 years ago with a new roof and parapet walls. The 2nd floor 2 bedroom apartment is newly renovated with high-end kitchen and appliances with beautiful hardwood floors and fashionable brick wall in bedroom. The apartment features high efficiency fujitsu split units for heating and cooling and 2 in 1 washer/dryer. The 3rd floor is a 3 bedroom with 1 bath with a long term Section 8 tenant. Tenant pays small portion of rent. A real money maker as-is, but has a lot of additional potential. This property will benefit from the new zoning proposed in the 'city of yes' initiative, expected to be passed in the coming months. The back of the store is currently vacant and has private access with a side entrance. The building is fitted with 2 Navien high-efficiency tankless water heaters and a Kohler 14 KW natural gas generator sits atop of the extension roof, and is scheduled to be connected to the new gas line in 30 days. At present the property operates comfortably at a 7 pct cap rate.
Listing Agents
Amenities
- Hardwood Floors
- Walk Up
- Renovated Kitchen and Bath
- Basement
- Carpet Floors
- Corner Lot
- Gas Heat
- Lowrise
LISTING UPDATED: 11/26/2024 07:52 PM
Property Details for 585 Bay Street
Status | Active |
---|---|
Days on Market | 2 |
Taxes | $491 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 15.0 |
Compass Type | Mixed Use |
MLS Type | - |
Year Built | 1910 |
Views | - |
Architectural Style | - |
Lot Size | 2,178 SF / 26' x 89' |
County | Richmond County |
Buyer's Agent Compensation | 2% |
Building
Building Information for 585 Bay Street
Stories3Residences3Year Built1910Lot Size2,178 SF / 26' x 89'Building Age-Building Type-Senior CommunityNoLevels / Stories-
Property History for 585 Bay Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 585 Bay Street
Taxable ValueLand$12,480Additions$38,100Total$50,580
Home Facts
Total Finished SqFt4,710 SqFtLot Size2,178 SqFtYear Built1910ZoningC4-2APN5004920007
Schools near 585 Bay Street
This home is within New York City Geographic District #31.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Fort Hill Collaborative Elementary PublicPK to 5 | ||
P.S. 16 John J Driscoll PublicPK to 5 | ||
P.S. 74 Future Leaders Elementary School PublicPK to 5 | ||
Is 61 William A Morris Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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