Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4 And, Unit OVERLEA Bayshore, NY 11706

    View on Map
    Sponsored
    For Sale
    $2,200,000

    LAND - Bay Shore, NY

    Lot size:
    1.19 Acres
    Days on Market:
    19
    Last Refresh:
    Mar 10 at 3:06 am

    Property Features for 4 And

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0500-421-00-03-00-004-000
    Lot size
    1.19 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Eric G. Ramsay Iii
    Eric G. Ramsay Iii

    Eric G. Ramsay Jr. Associate LLC (631) 665-1500

    Listing agent Eric G. Ramsay III (516) 319-2252

    Listing date Feb 19, 2026

    MLS# 823993

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Bay Shore Land For Sale

    This property consists of a bayfront lot and a boat basin. The bayfront lot is 0.73 acres, and the boat basin is 0.46 acres, totaling 1.19 acres. The property features new bulkheading. The taxes are $6684.96 for the bayfront lot and $2992.14 for the boat basin, with total taxes amounting to $9677.10.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bayshore
    County
    Suffolk
    State
    New York
    Longitude
    -73.22662
    Latitude
    40.717842

    Nearby Similar for Sale

    • New
      $1,999,999
      8,000 SF

      Bay Shore Commercial Brick Building

      Well-maintained 8,000 SF building on 1.49-acre corner lot.
      1420 Union Blvd, Bayshore, NY 11706
      View Details
    • $850,000
      2,600 SF

      Renovated Industrial Building with Parking

      2,600 SF renovated building with parking and potential uses.
      20 Ackerson St, Bayshore, NY 11706
      View Details
    • $3,699,000

      Commercial Investment Property For Sale

      Triple net lease, 100% occupied commercial investment property.
      375-381 E Main St, Bayshore, NY 11706
      View Details
    • $35,000
      450 SF

      Established Salon Business Opportunity

      Thriving salon in prime location with established clientele.
      1548 Union Blvd, Bayshore, NY 11706
      View Details
    • $599,000
      Pending

      Bay Shore Legal Duplex

      Well-maintained legal 2-family residence in a desirable neighborhood.
      44 Chapman Pl, Bayshore, NY 11706
      View Details
    • $699,000
      Pending

      Retail Mixed-Use Property For Sale

      Retail and mixed-use property available in Bay Shore, New York.
      1820 5Th Ave, Bayshore, NY 11706
      View Details
    • $3,350,000

      Established Grocery Store For Sale

      Long-standing grocery, deli, and ice cream shop in operation since 1968.
      21 Broadway, Bayshore, NY 11706
      View Details
    • $119,000

      Established Salvadorean Deli For Sale

      Turn-key Salvadorean deli with loyal customer base and prime location.
      1589 Manatuck Blvd, Bayshore, NY 11706
      View Details
    • $3,399,999

      Bay Shore Industrial Property

      Industrial property for sale in Bay Shore, New York.
      24 Cottage Ave, Bayshore, NY 11706
      View Details
    • Contact for pricing
      3,000 SF

      Three Building Office Property

      Three office buildings totaling approximately 3,000 square feet for sale.
      1830-1840 Union Blvd, Bayshore, NY 11706
      View Details
    • Contact for pricing
      8,000 SF

      Bay Shore Warehouse Opportunity

      8,000 SF warehouse/industrial property in Bay Shore, NY.
      250 N Fehr Way, Bayshore, NY 11706
      View Details

    FAQs

    What type of property is this?
    Commercial land - Bayfront lot with boat basin and new bulkheading.
    Where is this commercial land located?
    The property is located at 4 And, Unit OVERLEA Bayshore, NY.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Bayfront lot (.73 Acres) with Waterfront Features; - Includes Boat Basin (.46 Acres); - Brand New Bulkheading
    (516) 319-2252
    Request Owner's contact information
    4 And, Unit OVERLEA Bayshore, NY 11706
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 And, Unit OVERLEA
    Bayshore, NY 11706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 And, Unit OVERLEA Bayshore, NY 11706
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eric G. Ramsay Iii
    Eric G. Ramsay Iii
    Real Estate License ID: 49RA1034135
    (516) 319-2252 (631) 665-1500 (631) 336-9563
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!