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    Prime Staten Island Commercial Property Title is generated by Realmo AI

    1221 Bay Street, Staten Island, NY 10305

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    Claim this Listing
    For Sale
    $1,380,000

    COMMERCIAL - Staten Island, NY

    Property size:
    2,875 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $480/SF
    Added:
    Nov 24, 2025
    Days on Market:
    206
    Last Refresh:
    Jun 18 at 12:06 am

    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

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    Listing Contact
    Priscilla Tran

    Listing agent Priscilla Tran

    Listing office Momentum Real Estate LLC 1703 86 Street, Brooklyn, NY

    Listing date Nov 24, 2025

    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.

    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.
    • Zoning of C1‑2 and R4A allows for restaurant, retail or office use.
    • Located in a highly dense residential area surrounded by retail, restaurants and local businesses.
    • Unparalleled location close to the bridge and beach.

    Overview

    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.

    Local Financial Insights For Office B

    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 $133.2k $46.32
    − Vacancy −$25.2k −$8.75
    EGI $108.0k $37.57
    − OpEx −$27.0k −$9.39
    NOI $81.0k $28.17
    2,875 SF · lease $46.32/SF/yr · vacancy 18.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,001 @ 7.0% cap · market cap 5.87%
    Second Best
    Specialty Retail
    $893.8K
    $782.1K – $1.04M (±1% cap)
    NOI $62,566 @ 7.0% cap · market cap 4.53%
    Theoretical Best
    Office A
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,026 @ 7.0% cap · market cap 6.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.071412
    Latitude
    40.640126

    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.
    More about this property
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