$620,000
SOLD APR 17, 2025
-- Bed
-- Bath
2,220 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$279 Per Sq Ft

35% Below List Price

About This Home

As of April 2025

Very rare and hot Laundry Mall location in Shore Acres, Staten Island for sale, it is next and close to Verrazzano Bridge, Hyland Blvd and the freeway 278. The lot size is 22 feet by 115 feet, the current building has about 2300 square feet with a finished basement, it is currently one store one family setting. The store is used as a laundry mall and the family has three bedrooms. The laundry business is included into the total selling price, about 40 new machines of around $20,000 monthly income. The building has excellent investment returns with huge up-trend potential, or it can be owner occupied to operate a business. Seller is motivated.

Last Agent to Sell the Property

Fangyang Shen

Sun Realty New York Inc Listed on: 10/25/2024

Last Buyer's Agent

Fangyang Shen

Sun Realty New York Inc Listed on: 10/25/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,724

Lot Details

  • Lot Dimensions are 115 x 22
  • Back Yard

Home Design

  • Mixed Use
  • Brick Exterior Construction

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fuel Expense $3,000
  • Utility Expense $3,500
  • Gross Income $200,000

Property Details

Property Type

Other

Est. Annual Taxes

$10,724

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Staten Island
  • Building Footprint Sq Ft: 880
  • Building Length: 40.00
  • Building Width: 22.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Hyland Blvd
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Street Name I D X: Bay
  • Street Number I D X: 1202
  • Special Features: None

Interior Features

  • Flooring: None

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Roof: Other

Utilities

  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 115
  • Lot Size Width: 22

Rental Info

  • Rent Income: 20000

Multi Family

  • Annual Gross Expense: 70000.00
  • Annual Gross Income: 200000
  • Annual Utility Expenses: 3500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2010
Sold by
Barresi Dominic J and Barresi Jean V
Bought by
1202 Bay Corporation
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $620,000 -34.7% $279 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $950,000 -- $428 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,724 $101,250 $46,800 $54,450
2023 $10,568 $99,270 $46,800 $52,470
2022 $10,618 $107,100 $46,800 $60,300
2021 $9,191 $85,950 $46,800 $39,150
2020 $9,901 $107,550 $46,800 $60,750
2019 $9,226 $110,250 $46,800 $63,450
2018 $7,930 $103,050 $46,800 $56,250
2017 $6,813 $92,700 $46,800 $45,900
2016 $6,110 $76,500 $46,800 $29,700
2015 $5,017 $56,250 $23,400 $32,850
2014 $5,017 $48,600 $23,400 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 487033

Brooklyn Board of REALTORS®

APN: 02854-0021