$10,000 Closing Credit¹
#815503, Listing Office: Eric G Ramsay Jr Assoc LLC
$10,000
closing credit¹
20-22 Bay Shore Ave Bay Shore, NY 11706
$1,390,000 List price
$10,000
Closing credit¹
0 beds
0.4 acres
Multi-Family
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
Home typeQuadruplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.41 Acres
Year built1900
MLS #813113
Summary
- MLS Number: 813113
- MLS Name: ONEKEY2
- Office Name: Eric G Ramsay Jr Assoc LLC
- Office Phone: (631) 665-1500
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 2/2/2025, 10:56:48 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
5
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 most common annual income of people living in Bay Shore, NY is less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
82%
<35k
14%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
61%
Single, No Kids
22%
Single, with Kids
8%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Hiking/backpacking
Pro Boxing
Where do the neighbors shop?
Burlington
Nordstrom Rack
Express/Express For Men
Where do the neighbors go to eat?
Cicis Pizza
Chipotle
Popeyes
What do the neighbors drive?
Pontiac
Mazda
Dodge
What do the neighbors listen to?
Urban Contemporary
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
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.
Bay Shore, NY housing market in January 2025 saw over 81 listings sold above listed price, more than 15 sold at listed price and over 30 sold below. The number of homes for sale in Bay Shore, NY decreased by 17.4% between December and January 2025. The median list price of listings available in January 2025 was $615,000, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.