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!
Sold for $1,326,000
$1,326,000
20-22 Bay Shore Avenue, Bay Shore, NY 11706
--beds
--baths
--sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$1,400,300 Zestimate®
$--/sqft
$3,171 Estimated rent
Home value
$1,400,300
$1.25M - $1.57M
$3,171/mo
Zestimate® history
Owner options
List your home for rent
$3,171/mo
Rent Zestimate®
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$3,171/mo
Rent Zestimate®
Refinance and save
$9,161/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,161/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Eric Gordon Ramsay IV 631-665-1500,
Eric G Ramsay Jr Assoc LLC 631-665-1500
Bought with:
Dominique Ehrlich, 10401324239
Coldwell Banker American Homes
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 813113
Facts & features
Interior
Heating
- Electric, Other
Cooling
- Wall/Window Unit(s)
Features
- Other
- Basement: Full
Property
Lot
- Size: 0.41 Acres
- Features: Back Yard
Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Bay Shore
Financial & listing details
- Annual tax amount: $25,253
- Date on market: 1/13/2025
- Cumulative days on market: 24 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $1,326,000-4.6% |
Source:  OneKey® MLS as distributed by MLS GRID #813113 Report a problem | ||
| 2/6/2025 | Pending sale | $1,390,000 |
Source: OneKey® MLS as distributed by MLS GRID #813113 Report a problem | ||
| 1/13/2025 | Listed for sale | $1,390,000 |
Source: OneKey® MLS as distributed by MLS GRID #813113 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 11706
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Nearby schools
GreatSchools rating
- 5/10Southwest Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10West Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Brentwood High SchoolGrades: 9-12Distance: 2.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,400,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,400,300
- New York
- Suffolk County
- Bay Wood
- 11706
- 20-22 Bay Shore Avenue
Nearby cities
Nearby zip codes
Other Bay Wood Topics
