NOT LISTED FOR SALE

Estimated Value: $746,092

-- Bed
-- Bath
2,016 Sq Ft
$370/Sq Ft Est. Value

About This Home

As of February 2023

Sensational and Fully Equipped Restaurant in Staten Island! Conveniently located on Bay Street
near an array of shops and entertainment, this turnkey restaurant is immediately available for
lease with flexible seller financing terms. Formerly the site of Italian restaurant, Bin5, the dapper interior welcomes with whiskey
and cognac toned woodwork, an openly flowing floorplan, inside seating for 25 people, brick
accents, a full bar, and a coffee station featuring an espresso machine, a coffee machine, and a
drink refrigerator. Entertain patrons and guests outdoors, which has seating for approximately
30-people with additional unused space for a multitude of possibilities. Explore the kitchen to
discover two-6-burner stoves w/convection ovens, a fryer, an overhead char-broiler, a walk-in
refrigerator, two freezers, a reach-in salad cooler, an under-table cooler, and a washroom
w/three-compartment sink and one rack dishwasher. Other features: ample parking, restrooms,
Harbor touch POS system, and more! Call now for your tour!

Last Agent to Rent the Property

Sherif Sadek

RE/MAX Edge Listed on: 02/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,955

Year Built

  • 1910

Lot Details

  • 1,830

Parking

  • On-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • 2,016 Sq Ft Home
  • Property is zoned R4A

Listing and Financial Details

  • Ask Agent About Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,955

Year Built

1910

Lot Details

0

Rental Info

  • Lease Terms: Other

Listing Details

  • Borough: Staten Island
  • Confirmed By M L S Y N: Yes
  • Cross Street: Maryland Ave
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Business Only
  • Prop. Type: Rental
  • Fill Sq Ft Total: 2016
  • Street Name I D X: Bay
  • Street Number I D X: 1233
  • Special Features: None
  • Year Built (Public Record): 1910

Interior Features

  • Flooring: None

Exterior Features

  • Exterior Building Type: Attached
  • Exterior: Other
  • Foundation Details: Other

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V
  • Equipment Included: two-6-burner stoves w/convection ovens, a fryer, an overhead char-broiler, a walk-in refrigerator, two freezers, a reach-in salad cooler, an under-table cooler, & Washroom.
  • Heating Fuel: Gas

Lot Info

  • Zoning: R4A

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2025
Sold by
Calmo Bay Street Llc
Bought by
Rimawi Fatimah
Current Estimated Value
$746,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,497
Outstanding Balance
$665,501
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$76,928

Purchase Details

Closed on
Dec 7, 2009
Sold by
June Slater
Bought by
Calmo Bay St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2009
Sold by
Slater Neal L and Slater Patti Mindy
Bought by
Slater June

Purchase Details

Closed on
Feb 23, 1999
Sold by
Slater June
Bought by
Slater Neal L and Slater Patti Mindy
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Rimawi Fatimah $730,000 Ram Abstract
Calmo Bay St Llc $390,000 First American Title
Calmo Bay St Llc $390,000 First Amer Title Ins Co Ny
Slater June -- Titlevest
Slater Neal L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rimawi Fatimah $668,497
Previous Owner Calmo Bay Street Llc $450,000
Previous Owner Calmo Bay St Llc $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Rented $3,500 -16.7% --
02/07/2022 02/07/22 For Rent $4,200 -- --
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
2025 $3,955 $37,320 $4,060 $33,260
2024 $3,955 $39,240 $3,643 $35,597
2023 $3,773 $18,576 $3,573 $15,003
2022 $3,708 $29,820 $7,260 $22,560
2021 $3,880 $27,660 $7,260 $20,400
2020 $3,856 $26,460 $7,260 $19,200
2019 $3,572 $25,680 $7,260 $18,420
2018 $3,156 $15,480 $5,247 $10,233
2017 $3,156 $15,480 $5,575 $9,905
2016 $3,071 $15,363 $5,755 $9,608
2015 $2,624 $14,494 $5,657 $8,837
2014 $2,624 $13,674 $6,413 $7,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458848

Brooklyn Board of REALTORS®

APN: 02831-0014