Prime Staten Island Commercial
1221 Bay Street Staten Island, NY 10305
For Sale
$1,380,000
COMMERCIAL - Staten Island, NY
Property Size2,875 SF
Lot Size0.07 Acres
Price / SF$480
Days on Market244
Property Features for 1221 Bay Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R4A
- Standard status
- Active
- Size
- 2,875 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12979
Building Details
- Year built
- 1931
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block
- Roof type
- Flat
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Priscilla Tran
(718) 382-0001
Added: Nov 24, 2025
Changed: May 22
Last Checked: Jul 26 at 7:06AM
MLS# 497529
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial property is located in a high-visibility location on Bay Street in Staten Island, benefiting from steady traffic. The corner storefront features two separate entrances, offering flexible access and layout options. Currently used as an adult day center, it allows for an easy transition for a new owner or tenant. The property is surrounded by retail establishments, restaurants, and local businesses within a highly dense residential area. Existing hookups are already in place, making it an excellent opportunity for restaurant use. With C1-2 and R4A zoning, possible expansion is subject to architect review. The property is ideal for restaurant, retail, or office use. Its location is close to the bridge and beach. The lot size is 0.066 acres and the property size is 2875 square feet.
Key Highlights
- Ideal Bay St location with high visibility and steady traffic.
- Existing hookups in place, excellent opportunity for restaurant use.
- Corner storefront with two separate entrances offering flexible access and layout options.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.7k | $31.20 |
| − Vacancy | −$6.3k | −$2.18 |
| EGI | $83.4k | $29.02 |
| − OpEx | −$20.9k | −$7.25 |
| NOI | $62.6k | $21.76 |
2,875 SF · lease $31.20/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$893.8K
$782.1K – $1.04M
NOI $62,566 @ 7.0% cap · market cap 4.53%
Second Best
Retail
$789.2K
$690.5K – $920.7K
NOI $55,243 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,026 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- TULCINGO FLOWERS EXPRESS Inc. — Staten Island, NY 10301
- Atlixco Flower and party supplies — 96 Victory Blvd, Staten Island, NY 10301
- Vanessa Florist — 83 brook st, staten island, ny 10301
- Tulcingo Flowers Express INC. — 43 van duzer st, staten island, ny 10301
FAQs
What type of property is this?
Storefront property - High-visibility corner property ideal for restaurant, retail, or office.
Where is this storefront property located?
The property is located at 1221 Bay Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Ideal Bay St location with high visibility and steady traffic.; Existing hookups in place, excellent opportunity for restaurant use.; Corner storefront with two separate entrances offering flexible access and layout options.
