20-22 Bay Shore Avenue Bay Shore NY, 11706
$1,390,000
ML# 813113
Property Picture

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!

    Presented by Michael Stanco
    Michael Stanco Licensed Associate Real Estate Broker 917-293-0915 917-293-0915 sales@stancomisititeam.com
    Presented by Michael Misiti
    Michael Misiti Licensed Real Estate Broker 347-539-9893 347-539-9893 sales@stancomisititeam.com