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Residential Income Property with Loggia

80 Bay Street Landing 6-E, New York City, NY 10301

For Sale
$499,000

The renovated one-bedroom residence includes a private covered outdoor space and views across the water.

Property Size1,200 SF
Price / SF$415.83
Days on Market24

Property Features for 80 Bay Street Landing 6-E

General Information

Standard status Active
Size 1,200 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1.5BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,612

Amenities

private loggia
designated parking
EV chargers
tennis/pickle ball courts
dog runs
great lawns
BBQ's
24 hr patrolling security
24 hr concierge

Building Details

Building Size 1,200 SF
Year Built 1985
Listing Agency: R New York
Listed By: Desiree M Darden
Source: Miradorrealestate
Added: Oct 17 Changed: Nov 8 Last Checked: Nov 8 at 11:41AM

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 R New York

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Investment Insights

Based on property information with market context.

This 1,200-square-foot residence at Bayview Tower Condominium has one bedroom, one and a half bathrooms, and a south-facing private loggia. The kitchen and bathrooms have been renovated, and the layout offers substantial storage, high ceilings, and architectural columns. The floor plan may accommodate a second bedroom. The property was built in 1985, and designated parking is included. Heat, water, and gas are covered by the common charges.

The home looks across the water toward the Verrazano Bridge. Bayview Tower is part of Bay St Landing, a gated community on Staten Island. Community features include a 24-hour concierge, patrolling security, EV chargers, tennis and pickleball courts, dog runs, lawns, and barbecue areas. Ferry service and public transportation are described as minutes away, with Midtown West and Brooklyn reachable in 30 minutes or less.

Key Highlights

  • 1,200‑square‑foot residence with one bedroom and one and a half bathrooms
  • Private south‑facing loggia with water and Verrazano Bridge views
  • Renovated kitchen and bathrooms; floor plan may allow for a second bedroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,545
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,900 $750.9K
Cap Rate 7%
$536,357 $536.4K
Cap Rate 9%
$417,167 $417.2K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$71.9K $59.88/SF
− Vacancy
−$3.6K −$2.99/SF
EGI
$68.3K $56.89/SF
− OpEx
−$30.7K −$25.60/SF
NOI
$37.5K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,900
Cap Rate 7%
$536,357
Cap Rate 9%
$417,167

Alternative Uses

Best Use
Apartment 5plus
$536.4K
$469.3K – $625.8K (±1% cap)
NOI $37,545 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$838.9K
$734.1K – $978.8K (±1% cap)
NOI $58,726 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,405
Businesses Nearby

Demographics for 10301, NY

41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The renovated one-bedroom residence includes a private covered outdoor space and views across the water.
Where is this residential income property located?
The property is located at 80 Bay Street Landing 6-E New York City, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,200‑square‑foot residence with one bedroom and one and a half bathrooms; Private south‑facing loggia with water and Verrazano Bridge views; Renovated kitchen and bathrooms; floor plan may allow for a second bedroom
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