Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | Pets No |
Financials
DescriptionWelcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
Amenities- Electricity Connected
- Sewer Connected
- Water Connected
Welcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
- Electricity Connected
- Sewer Connected
- Water Connected
Welcome to 194 Bay Street, a stabilized, income producing mixed use property located in Staten Island's thriving North Shore corridor.
DescriptionWelcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
Amenities- Electricity Connected
- Sewer Connected
- Water Connected
Welcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
- Electricity Connected
- Sewer Connected
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
