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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

    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!

    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#: 813113MLS Logo

    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