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!
Sold for $1,326,000 on 06/13/25
$1,326,000
20-22 Bay Shore Avenue, Bay Shore, NY 11706
--beds
--baths
--sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$1,338,800 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 11:16am
Listed by:
Eric Gordon Ramsay IV 631-665-1500,
Eric G Ramsay Jr Assoc LLC 631-665-1500
Bought with:
Dominique Rollins, 10401324239
Coldwell Banker American Homes
Source: OneKey® MLS,MLS#: 813113

Facts & features
Interior
Heating
- Electric, Other
Cooling
- Wall/Window Unit(s)
Features
- Other
- Basement: Full
Property
Lot
- Size: 0.41 Acres
- Features: Back Yard
Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Bay Shore
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Services availability
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Estimated market value
$1,338,800