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Mixed-Use Property with Four Units
For Sale
$1,499,000

1090 Bay Street, Staten Island, NY 10305

Residential Income, Staten Island, NY

Property Size2,912 SF
Lot Size0.06 Acres
Price / SF$514.77
Days on Market50

Property Features for 1090 Bay Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R3A
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Half bathrooms 2
Rooms Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features On Street
Basement Full, Unfinished
Subdivision Rosebank
Standard status Active
APN 02845-0043
Size 2,912 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6463

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas

Building Details

Year built 1899
Floors in Building 2
Number of units 4
Building materials Asbestos
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Nicholas Caravella · License #2439324
Added: Aug 17 Changed: Sep 13 Last Checked: Oct 5 at 1:06PM
MLS# 2604659

Copyright © 2026 Staten Island Board of Realtors. 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 mixed-use property contains 2,912 square feet arranged as four total units: two commercial spaces and two one-bedroom apartments. The property is fully occupied, with separate utilities for each unit and current leases in place. Built in 1899, the asset has hot water heating fueled by natural gas and is served by public sewer.

Located at 1090 Bay Street in Staten Island’s Rosebank area, the property sits within an established retail and professional corridor. Bay Street provides the immediate commercial setting, with access to major transportation routes and proximity to the Verrazzano-Narrows Bridge. The property is zoned R3A and includes on-street parking.

Key Highlights

  • 2,912 square feet with four total units
  • Two commercial spaces and two one‑bedroom apartments
  • Fully occupied with current leases in place

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 (±1% cap)
NOI $76,455 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$1.00M
$879.3K – $1.17M (±1% cap)
NOI $70,342 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,261 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Computer & Electronic Repair Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased commercial and residential configuration with separately metered units along a visible Staten Island corridor.
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: 2,912 square feet with four total units; Two commercial spaces and two one‑bedroom apartments; Fully occupied with current leases in place
More about this property
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