NOT LISTED FOR SALE

661 Bay St Staten Island, NY 10304

Stapleton Neighborhood

Estimated Value: $1,064,045

8 Beds
4 Baths
7,650 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $999,999 $131 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,850/month

249 Days on Market

Highlights

  • Cooling Available
  • 3-minute walk to Stapleton
  • 2-minute walk to Tappen Park
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Hot Water Baseboard Heater

About This Home

As of July 2024

Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.

Last Agent to Sell the Property

Rosemarie Rivicci

Compass Realty Central Inc. License #10301211396 Listed on: 03/06/2024

Last Buyer's Agent

Rosemarie Rivicci

Appleseed Homes Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,424

Year Built

  • Built in 1931

Lot Details

  • 3,182 Sq Ft Lot
  • Lot Dimensions are 49x50

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,650 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 5 Units
  • Gross Income $128,400

Listing and Financial Details

  • Legal Lot and Block 0110 / 00496
  • Assessor Parcel Number 00496-0110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,424

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: 4F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Lot Size: 49x50
  • Modification Timestamp: 2024-09-26
  • Directions: Corner of Bay Street & Thompson Street
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1931
  • General Property Info:Public Remarks3: Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.
  • ContractLocation Information:List PriceSqFt2: 196.08
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: Yes
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 128400.0
  • Annual Expenses: 46000.0
  • Income Expenses Net Income: 82400.0
  • General Property Info: Number of AC Units: 4.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 49x50
  • Special Features: None
  • Stories: 3
  • Year Built: 1931

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: None
  • General Property Info Basement Desc: Other

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 5.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 3182.0
  • Lot Size Units: Square Feet
  • Parcel #: 00496-0110
  • Zoning: C2-2
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 3182.0
  • General Property Info:Lot Dim: 49x81

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 128400.0
  • Property Net Operating Income: 82400.0
  • Annual Operating Expense: 46000.0

Tax Info

  • Tax Annual Amount: 33424.0
  • Tax Block: 00496
  • Tax Lot: 0110
  • General Property Info:Taxes2: 33424.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Jul 18, 2024
Sold by
661-663 Bay Street Corp
Bought by
661 Bay St Ventures Llc
Seller's Agent
Rosemarie Rivicci
Compass Realty Central Inc.
Buyer's Agent
Rosemarie Rivicci
Compass Realty Central Inc.
List Price
$1,750,000
Sold Price
$999,999
Premium/Discount to List
-$750,001
-42.86%
Views
44
Current Estimated Value
$1,064,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,046
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Jan 9, 1998
Sold by
Aranyos Mary Lou and Carullo Fred
Bought by
Carullo Fred and Aranyos Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1997
Sold by
Miller Phyllis and Carullo Phyllis
Bought by
Carullo Fred and Aranyos Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
661 Bay St Ventures Llc $999,999 First American Title
Carullo Fred -- --
Carullo Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carullo Fred $130,000
Previous Owner Carullo Fred $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $999,999 -33.3% $131 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $1,500,000 -14.3% $196 / Sq Ft
09/07/2023 09/07/23 For Sale $1,750,000 -- $229 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $36,789 $306,900 $269,345 $37,555
2024 $36,789 $383,400 $199,632 $183,768
2023 $33,424 $272,471 $221,814 $50,657
2022 $32,393 $302,850 $260,100 $42,750
2021 $31,217 $289,800 $260,100 $29,700
2020 $31,677 $317,700 $260,100 $57,600
2019 $29,428 $355,500 $260,100 $95,400
2018 $26,658 $209,593 $123,365 $86,228
2017 $25,904 $203,661 $126,440 $77,221
2016 $25,236 $195,752 $143,040 $52,712
2015 $22,888 $188,052 $164,938 $23,114
2014 $22,888 $174,123 $152,721 $21,402
Source: Public Records

Agents Affiliated with this Home

  • Rosemarie Rivicci

    Seller's Agent in 2024

    Rosemarie Rivicci

    Compass Realty Central Inc.

    (917) 846-5795

    4 in this area

    37 Total Sales

    Rosemarie Rivicci
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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1164185

Staten Island Multiple Listing Service

APN: 00496-0110

New York Richmond County Staten Island 10304 Stapleton

661 Bay St, Staten Island, NY

This home is located at 661 Bay St, Staten Island, NY 10304 since 06 March 2024 and is currently estimated at $1,064,045, approximately $139 per square foot. This property was built in 1931. 661 Bay St is a home located in Richmond County with nearby schools including P.S. 78, P.S./I.S. 78Q Early Childhood Center, and I.S. 49 Berta A Dreyfus.

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