Bay Shore, NY 11706 20-22 Bay Shore Avenue
$1,390,000
Pending

Home Details
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!
Interior Features for 20-22 Bay Shore Avenue
Other Interior Features
BasementFull
General for 20-22 Bay Shore Avenue
Building Area UnitsSquare Feet
Number Of Units Total4
Additional Details
Price History

Gregory Berkowitz
Licensed Real Estate Salesperson