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Mixed Use - Staten Island, NY
This two-story mixed-use building sits between the St. George Ferry and the Verrazano Bridge. It includes two (2) residential units (1-2 bedrooms) and two (2) commercial storefronts. One unit is rented at market rate; the rest are vacant. Once fully leased, the projected cap rate exceeds 8.5. This property offers strong current income and promising future growth. Located in the rapidly transforming Bay Street Corridor—with major city subsidies and nearby projects like The Pearl (475 Bay St) and Lighthouse Point (35 Bay St) —this is a prime opportunity for both new and experienced investors. With above-market average Cap rate and long-term appreciation upside, this is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss.
Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is d...
Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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