440 Bay StStaten Island, NY 10304

Property Details for 440 Bay St

Year built

1931

Property size (Sq ft)

5,244 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity encompasses two properties at 440-442 Bay Street and 2 Baltic Street in Staten Island's vibrant Stapleton neighborhood. The main offering, 440-442 Bay Street, is a 5,244 square foot retail storefront, currently configured as eight units across a three-story building (with additional storage on upper floors). Previously occupied by a Harley Davidson sales center, this property boasts a prime location within the Bay Street Corridor Plan area, poised for significant future growth. The building, constructed in 1931, sits on a 7,890 square foot lot and includes six parking spaces. The permitted zoning is C2-3. Preliminary plans exist for a six-story mixed-use building on the site, reflecting the area's ongoing transformation. The adjacent property at 2 Baltic Street includes two garages, one permanent and one temporary, adding further development potential. The asking price for the entire portfolio is $1,999,000, representing a price per square foot of $381.20. This represents a unique chance to capitalize on the Stapleton Transformation, a revitalization initiative aiming to create a vibrant, diverse, and well-planned infrastructure. The property's location, size, and development potential make it an attractive investment for both seasoned and emerging developers. The APN for the main property is 00507-0012 & 17.

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.6315

Longitude

-74.0764

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