Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 43 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,690 SF
- Lot area
- 0.1 ac
- Year built
- 2002
- Stories
- 2
- APN
- 00521-0022
- Zoning
- C4-2
- Assessed value · 2024
- $64,263
- Annual tax · 2024
- $12,907
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a wide area, and which have a substantial number of large stores generating considerab…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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