580 Bay St
Staten Island, NY 10304
Retail Property For Sale

A great investment property. MIxed use building. Currently on the first floor there are two commercial units that bring steady income all year round. Second and third floors could be used as different kind of offices or as residential units. Perfect for a law office, accountant; etc...Walking distance to the train station and the stapleton waterfront which is under construction currently and will be completed in a few years, giving water front access to the Stapleton community. 12 acres of open space park with a play ground, basketball, volleyball and other sport courts. A continuous, ralaxing waterfront esplanade between light house point in St George and Stapleton, a bike path, a dog run, picnic areas and other features costing about $120,000,000. 10 minute drive to the Staten Island ferry; and the newly opened Empire outlet mall. Another project "The Bay Street Corridor Neighborhood Plan" was just approved few weeks ago, and this property is located in it's path. Over $1 billion in public and private investments are under construction or have been announced within walking distance of the bay street corridor. This corridor will connect the existing mixed-use town centers of St. George, Tompkinsville and Stapleton by creating a new pedestrian friendly walkable pathway/neighborhood. It will create a vibrant, resilient downtown environment for Stapleton residents, connecting them to new york harbor and surrounding neighborhood.Please contact 347-372-0946 if you have any further questions or would like to see inside the building. The asking price($1,390,000) is based on the developmental projects happening near this property, which the owners feel will add significant value to this property within the next 5 years. However the price is still negotiable and the owners want to hear all offers. You will not only be investing in this building, but also in the surrounding neighborhood, which will be revitalized dramatically within the next few years. The Bay Street Corridor Neighborhood Plan, and this property is located in it's path. Over $1 billion in public and private investments are under construction or have been announced within walking distance of the bay street corridor. This corridor will connect the existing mixed-use town centers of St. George, Tompkinsville and Stapleton by creating a new pedestrian friendly walkable pathway/neighborhood. It will create a vibrant, resilient downtown environment for Stapleton residents, connecting them to new york harbor and surrounding neighborhood. Please take a look at the zoning maps located under the photos section or visit www1.nyc.gov/...bay-street-corridor.page. The asking price was just reduced and is still very negotiable. Please contact 347-372-0946 if you have any further questions.