Four-Unit Mixed-Use
For Sale
$1,499,000
1090 Bay Street, Staten Island, NY 10305
Fully occupied asset with commercial space and two one-bedroom apartments under current leases.
Property Size2,912 SF
Days on Market51
Property Features for 1090 Bay Street
General Information
Standard status
Active
Size
2,912 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$6,463
Building Details
Building Size
2,912 SF
Year Built
1899
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Nicholas Caravella · License #2439324
(718) 987-7900
Source:
Wonicarealtors
Added: Aug 17
Changed: Oct 1
Last Checked: Oct 6 at 12:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
Located at 1090 Bay Street in Staten Island’s Rosebank section, this mixed-use property contains four units: two commercial spaces and two one-bedroom apartments. The residential and commercial components provide a combined configuration within a single income-producing asset, and each unit has its own utility service.
All four units are occupied, with current leases in place. The property sits along Bay Street within an established retail and professional corridor, with access to major transportation routes and proximity to the Verrazzano-Narrows Bridge. Constructed in 1899, the building offers a combination of commercial and residential occupancy in a well-established Staten Island setting.
All four units are occupied, with current leases in place. The property sits along Bay Street within an established retail and professional corridor, with access to major transportation routes and proximity to the Verrazzano-Narrows Bridge. Constructed in 1899, the building offers a combination of commercial and residential occupancy in a well-established Staten Island setting.
Key Highlights
- Four total units: two commercial spaces and two one‑bedroom apartments
- All units are currently occupied
- Separate utilities serve each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,455
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,100
$1.5M
Cap Rate 7%
$1,092,214
$1.1M
Cap Rate 9%
$849,500
$849.5K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$118.8K $40.80/SF
− Vacancy
−$9.6K −$3.29/SF
EGI
$109.2K $37.51/SF
− OpEx
−$32.8K −$11.25/SF
NOI
$76.5K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,100
Cap Rate 7%
$1,092,214
Cap Rate 9%
$849,500
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$955.7K – $1.27M
NOI $76,455 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$1.00M
$879.3K – $1.17M
NOI $70,342 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,261 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,405
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied asset with commercial space and two one-bedroom apartments under current leases.
Where is this mixed-use property located?
The property is located at 1090 Bay Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Four total units: two commercial spaces and two one‑bedroom apartments; All units are currently occupied; Separate utilities serve each unit
