684 Bay Street
Stapleton | Bay St & Broad St
Ownership
Mixed Use
Lot Size
30'x100'
Status
Active
Real Estate Taxes
[Per Annum]
$ 4,720
Year Built
1931
ASF/ASM
3,480/323
Property Description
This two-story mixed-use building sits between the St. George Ferry and the Verrazano Bridge. It includes two (2) residential units (1-2 bedrooms) and two (2) commercial storefronts. One unit is rented at market rate; the rest are vacant. Once fully leased, the projected cap rate exceeds 8.5. This property offers strong current income and promising future growth. Located in the rapidly transforming Bay Street Corridor—with major city subsidies and nearby projects like The Pearl (475 Bay St) and Lighthouse Point (35 Bay St) —this is a prime opportunity for both new and experienced investors. With above-market average Cap rate and long-term appreciation upside, this is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss.
This two-story mixed-use building sits between the St. George Ferry and the Verrazano Bridge. It includes two (2) residential units (1-2 bedrooms) and two (2) commercial storefronts. One unit is rented at market rate; the rest are vacant. Once fully leased, the projected cap rate exceeds 8.5. This property offers strong current income and promising future growth. Located in the rapidly transforming Bay Street Corridor—with major city subsidies and nearby projects like The Pearl (475 Bay St) and Lighthouse Point (35 Bay St) —this is a prime opportunity for both new and experienced investors. With above-market average Cap rate and long-term appreciation upside, this is a rare find in a rapidly evolving neighborhood—an opportunity you won't want to miss.
Listing Courtesy of RE/MAX Edge
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Apartment Features
Hardwood Floors
Building Details [684 Bay Street]
Ownership
Mixed Use
Block/Lot
528/36
Zoning
R4 / C2-2
Year Built
1931
Floors
2
Lot Size
30'x100'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 494195