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192 Bay St 3,496 SF 51% Leased Retail Building Staten Island, NY 10301 $2,188,320 CAD ($625.95 CAD/SF) 6.65% Cap Rate



Executive Summary
Fully gut renovated 3 floor mixed use building with restaurant on 1st floor paying $5300, 2nd floor 2 bedroom paying $2000 3rd floor 2 bedroom paying $2000
Have until 2030 with tax abated, filed a J51
Gross rent $111,600
Taxes $1,666
Ins $3500
Water $1480
NOI $106,434
Have until 2030 with tax abated, filed a J51
Gross rent $111,600
Taxes $1,666
Ins $3500
Water $1480
NOI $106,434
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,496 SF
Building Class
C
Year Built/Renovated
1900/2015
Price
$2,188,320 CAD
Price Per SF
$625.95 CAD
Cap Rate
6.65%
NOI
$145,570 CAD
Percent Leased
51%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.34
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
R3-2 - Low density residential district
Frontage
25’ on BAY ST
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Turnkey Restaurant
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,700 SF | Restaurant | In-Line | Now |
1st Floor
| Size |
| 1,700 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 1,700 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
Turnkey Restaurant
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00498-0059 | Improvements Assessment | $57,582 CAD |
| Land Assessment | $10,920 CAD | Total Assessment | $68,502 CAD |
Property Taxes
Parcel Number
00498-0059
Land Assessment
$10,920 CAD
Improvements Assessment
$57,582 CAD
Total Assessment
$68,502 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
192 Bay St
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