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Property Description

Introducing an exceptional investment opportunity: a fully occupied legal four-family home featuring 12 bedrooms with market-rate rents, delivering a strong net operating income of $105,416 and an impressive 7.58% cap rate.

Property Highlights:

Size: 5,024 sq. ft. building on a spacious 17,859 sq. ft. lot.
Units: Four market-rate rental units with consistent tenant demand.

Prime Location:

Downtown Access: Just 0.1 miles from Main Street.
Healthcare Proximity: Only 0.4 miles from South Shore University Hospital.
Transportation: 0.4 miles from Bay Shore Train Station for easy commuting.
Tenants enjoy walkable access to dining, shopping, healthcare, and public transportation, ensuring strong occupancy and future growth potential.

This property offers investors a rare chance to own a turnkey asset in a highly sought-after area. Don't miss out on this opportunity to expand your portfolio.

For more information or to schedule a showing, contact us today!

Overview

Property Status
Sold
Lot Size
0.41 Acres
MLS ID
813113
Property Type
Multi-Family
Year Built
1900

Features & Amenities

Neighborhood
South Shore
Water Source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected
Lot Features
Back Yard
Heat Type
Electric, Other
Air Conditioning
Wall/Window Unit(s)
Other Interior Features
Other
Sewer
Public Sewer
Sales Price
$1,326,000
Real Estate Tax
$25,254/yr

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20-22 Bay Shore Avenue

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for your interest in 20-22 Bay Shore Avenue, Bay Shore, NY 11706

20-22 Bay Shore Avenue
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    License #10401331079

    (631) 336-9563
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