20 22 Bay Shore Avenue
Bay Shore, NY 11706
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1900 build
- – on site
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!
Last checked:
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Last updated Jan 14, 2025
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MLS# 813113 —
The Building
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Year Built:1900
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Basement:true
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Construction Materials:Stucco
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# of Total Units:4
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Building Area Units:Square Feet
Interior
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Interior Features:Other
The Property
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Lot Features:Back Yard
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Lot Size Acres:0.41
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size SqFt:17,859 Sqft
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Property Attached:false
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Waterfront:false
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Water Access:No
Listing Agent
- Contact info:
- Agent phone:
- (631) 665-1500
- Office phone:
- (631) 665-1500
Taxes
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Tax Year:2025
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Tax Source:Municipality
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Tax Annual Amount:25253.72
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Electric
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Water Source:Public
The Community
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Senior Community:false
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Additional Fees:No
Parking
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/13/25
Jan 13, 2025
|
Listed / Active | ONEKEY | $1,390,000 |
