Description
Welcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
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0.06ACRES
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01/2 BATHS
School Ratings & Info
Description
Welcome to 194 Bay Street, a stabilized, income-producing mixed-use property located in Staten Island's thriving North Shore corridor. The property features three residential units and one ground-floor retail space totaling approximately 600 SF. Minimal work required for transforming the property into an incredible return. The retail space is leased to a reliable tenant with 4 years remaining on a 5-year initial term, plus a 5-year option period with 5percent annual rent increases, providing built-in escalations and long-term income stability.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.