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    16 Ludlam Ave Bayville, NY 11709

    For Sale
    $899,000

    Versatile 3,300 sq ft Bayville commercial space.

    Property size:
    3,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional Bayville commercial property, located at 16 Ludlam Avenue, presents a unique opportunity for a variety of businesses. The 3,300 square foot building offers a flexible, open floor plan ideal for retail, warehouse, or redevelopment projects. Benefitting from excellent street visibility, the property features large glass windows showcasing the interior space. High ceilings, measuring 13 feet, add to the spacious feel and potential for creative layouts. A recently updated bathroom, complete with a convenient slop sink located outside, enhances the property's functionality. Significant recent improvements include a new HVAC system and roof, ensuring low maintenance costs for the new owner. Five designated parking spaces are available for customer and employee convenience, and the property also provides access to a backyard area. While the roll-up overhead door is currently sealed, its restoration would significantly enhance the property's utility, particularly for businesses requiring loading or unloading capabilities. This property represents a rare opportunity in the desirable Bayville market, offering a substantial space with significant potential for growth and adaptation. The combination of its location, size, and recent upgrades makes this an attractive investment.

    Property Features for 16 Ludlam Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,300 SF

    Building Details

    Year Built
    1949
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bayville
    County
    Nassau County
    State
    New York
    Longitude
    -73.54985
    Latitude
    40.90665

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 3,300 sq ft Bayville commercial space.
    Where is this commercial real estate located?
    The property is located at 16 Ludlam Ave Bayville, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    (516) 801-6181
    Request Owner's contact information
    16 Ludlam Ave Bayville, NY 11709
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    Bayville, NY 11709
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    Realmo Value Estimation

    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.

    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.

    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
    16 Ludlam Ave Bayville, NY 11709
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