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$1,326,000

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
See This Home
Save This Home
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!

Full Property Details for 20-22 Bay Shore Ave

General

  • Sold For: $1,326,000
  • Taxes: $25,253
  • Status: Closed
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 813113
  • Added to Site: 402 day(s) ago

Interior

  • Interior Features: Other

Location

  • County: Suffolk County
  • Cross Streets: main street

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Electric, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Stucco
  • Basement: Yes
  • Basement Desc.: Full Basement
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,859
  • Lot Features: Back Yard

Financial Considerations

  • Tax Amount: $25,253.72

Disclosures and Reports

  • Special Conditions: None

Listed by Eric G Ramsay Jr Assoc LLC
Sold by Coldwell Banker American Homes

Listing agent

— 20-22 Bay Shore Ave —

  • Eric G Ramsay Jr Assoc LLC

631-665-1500

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 20-22 Bay Shore Ave

School District:Brentwood Union Free School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20-22 Bay Shore Ave

Date
Details
Price
Change
Source
6/13/2025
Sold
$1,326,000
-4.6%
MLS
1/13/2025
Listed
$1,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Eric G Ramsay Jr Assoc LLC
Sold by Coldwell Banker American Homes

20-22 Bay Shore Avenue, Bay Shore, NY 11706 (MLS# 813113) is a Multi-Family property that was sold at $1,326,000 on June 13, 2025. Want to learn more about 20-22 Bay Shore Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bay Shore? You can browse all Bay Shore real estate or contact a Coldwell Banker agent to request more information.