#815503, Listing office: Eric G Ramsay Jr Assoc LLC
20-22 Bay Shore Ave Bay Shore, NY 11706
Property details
About 20-22 Bay Shore Ave
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!
Highlights
(Pending)
Summary
- Basement: Yes
- Interior: Other
- Heating: Electric, Other
- Cooling: Wall/Window Unit(s)
- List Price: $1,390,000
- Lot: Back Yard
- Year Built: 1900
- Lot Size: 0.41 Acres
- MLS Number: 813113
- MLS Name: ONEKEY2
- Office Name: Eric G Ramsay Jr Assoc LLC
- Office Phone: (631) 665-1500
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Last updated on: 6/25/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,390,000
20-22 Bay Shore Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Gardiner Manor School
Public District 3-5
1.5 mi
•125 Wohseepee Dr
6
Maud S Sherwood Elementary School
Public District 2-5
1.7 mi
•301 Smith Ave
3
South Country School
Public District 3-5
1.8 mi
•885 Hampshire Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,669. The majority of Bay Shore, NY residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 20-22 Bay Shore Ave
The listing price of 20-22 Bay Shore Ave property is $1,390,000.
The property 20-22 Bay Shore Ave is a multi located in Bay Shore, New York, 11706.
Sale Pending: 20-22 Bay Shore Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 20-22 Bay Shore Ave are: Gardiner Manor School (GreatSchools Rating 4/10), Maud S Sherwood Elementary School (GreatSchools Rating 6/10), South Country School (GreatSchools Rating 3/10), Bay Shore Middle School (GreatSchools Rating 5/10), Islip Middle School (GreatSchools Rating 4/10), Udall Road Middle School (GreatSchools Rating 6/10), Bay Shore Senior High School (GreatSchools Rating 5/10), Islip High School (GreatSchools Rating 9/10), West Islip Senior High School (GreatSchools Rating 9/10).
The year of construction for 20-22 Bay Shore Ave is 1900.
This home is located at 20-22 Bay Shore Ave in Bay Shore, NY and zip code 11706 in the Bay Shore neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $1,390,000.
In May 2025 more than 103 listings in Bay Shore, NY were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 40 were sold below. The number of listings in Bay Shore, NY decreased by 10.6% between April and May 2025. The median list price of listings available in May 2025 was $625,062, while the average time on the real estate market was 34 days.