Excellent Investment Opportunity
This mixed-use commercial and residential building, ideally located at the intersection of Bay Street and Victory Boulevard, offers exceptional potential for investors.
The property features a ground-floor retail space with a basement, currently operating as a restaurant, as well as one studio apartment and two two-bedroom apartments (one of which will be delivered vacant). Additionally, there is a designated outdoor entertainment area. With a high annual income potential of over $120,000 and low property taxes, this building is a prime target for investors.
Conveniently situated just two blocks from the Tompkinsville train station and approximately 0.6 miles from the Staten Island Ferry (free of charge to and from Manhattan), the property offers seamless access to the city. The area is also well-served by multiple bus lines, enhancing its connectivity and appeal.
Don’t miss this fantastic opportunity to own a property in a prime location with strong income potential!