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560-574 Bay St
Staten Island, NY 10304
45 Beach Street & 560 Bay Street · Retail Property For Sale
Investment Highlights
- Opportunity Zone: An As-of-right ZFA of 125,790 square feet, located in an Opportunity Zone with approved residential rezoning from 2019, offers sign
- Vacant Possession: The site will be delivered completely vacant, allowing immediate demolition and streamlined redevelopment.
- Excellent Connectivity: Just a 10-minute bike ride to both the new Staten Island Fast Ferry (18 minutes to Manhattan) and Staten Island Ferry, an 8-mi
- City of Yes for Housing Opportunity Zoning: Located in an area within the City's initiative which is expected to be passed in late 2024 or early 2025
- Significant Frontage: Boasts approximately 575 feet of frontage on three sides in a prime location for development, enhanced by the unique convergence
- Proximity to Waterfront: Just a 5-minute walk to the Stapleton Waterfront Park
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
32,000 SF
Building Class
C
Year Built
1926
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.02
Lot Size
0.72 AC
Zoning
C4-2
Frontage
97’ on Bay St
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 00513-0005 | Improvements Assessment | $370,350 |
| Land Assessment | $487,350 | Total Assessment | $857,700 |
Property Taxes
Parcel Number
00513-0005
Land Assessment
$487,350
Improvements Assessment
$370,350
Total Assessment
$857,700
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