586 Bay St Staten Island, NY 10304
Prime location, strong rental income.
Property Features for 586 Bay St
General Information
- Property type
- Manufacturing properties
Building Details
- Year Built
- 2002
Listing Agency: RJM Realty Empire Listing Agent: Melsa Skrapalliu
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property, located at 586 Bay St, Staten Island, NY 10304, presents a lucrative investment opportunity. The building, constructed in 2002, boasts a 4,349 sq ft lot and a substantial 6,690 sq ft of climate-controlled space. The first floor houses a thriving commercial space currently leased as a gym, generating a monthly income of $4,600 with built-in rent increases. The second floor features two completely renovated, two-bedroom, two-bathroom apartments, each commanding monthly rents of $1,600 and $1,700 respectively. All units are individually metered for utilities, simplifying management. The building's sturdy cinder block construction ensures durability and longevity. The property is zoned C4-2, offering flexibility for future uses. This turnkey investment is ideal for savvy investors seeking a stable, high-yield return. The asking price is $1,300,000. This represents a compelling opportunity to acquire a well-maintained, income-producing asset in a desirable Staten Island location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sweatbox Staten Island
Gym & Fitness Center
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.076361
- Latitude
- 40.627423
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FAQs
What type of property is this?
Manufacturing property - Prime location, strong rental income.
Where is this manufacturing property located?
The property is located at 586 Bay St Staten Island, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed-use building in Stapleton for sale at $1.3M.; Features a newly renovated, 2-unit, 2-bedroom/2-bathroom apartment building and a large commercial space.; Commercial space (gym) currently leased at $4,600/month with rent increases built in.
