Mixed-Use Property with Four
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 Market67
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 2, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2
Parking features
On Street
Basement
Unfinished, Full
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
Natural Gas, Hot Water(Heating)
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
(718) 987-7900
Added: Aug 17
Changed: Oct 18
Last Checked: Oct 22 at 11:06AM
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.
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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.
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
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.
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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
