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    14 Bayville Ave Bayville, NY 11709

    For Sale
    $4,800,000

    High-Demand Location, Fully Leased, Updated 2019

    Property size:
    17,256 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property at 14 Bayville Ave, Bayville, NY, presents a compelling investment opportunity. The 17,256 square foot building sits on a 0.29-acre lot and boasts a prime location offering attractive water views. Currently fully leased, the property comprises ten residential units and two ground-floor retail tenants, ensuring a consistent income stream. Both front and rear building entrances provide convenient access for residents and customers. A dedicated rear parking lot adds further value and convenience. The building underwent a complete renovation in 2019, ensuring modern amenities and reducing future maintenance costs. The high demand for both residential and retail space in this desirable Bayville location promises strong long-term rental growth and tenant retention. This turnkey investment is priced at $4,800,000 and offers a rare chance to acquire a well-maintained, income-producing asset in a thriving coastal community. The combination of updated infrastructure, high occupancy, and prime location makes this property an ideal addition to any investment portfolio. The property's strong performance history and potential for future appreciation make it a truly attractive investment opportunity.

    Property Features for 14 Bayville Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    17,256 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Souvlaki Place of Bayville Greek Restaurant MyKnobs.com Inc. Hardware Store House of Knobs Wholesaler CoolTiles.com General Contractor Knobs4Less.com Hardware Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic Accounting Firm

    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
    -73.58134
    Latitude
    40.90837

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    FAQs

    What type of property is this?
    Mixed-use property - High-Demand Location, Fully Leased, Updated 2019
    Where is this mixed-use property located?
    The property is located at 14 Bayville Ave Bayville, NY.
    What is the asking price?
    The asking price for this property is $4,800,000.
    (516) 801-6181
    Request Owner's contact information
    14 Bayville 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
    14 Bayville Ave Bayville, NY 11709
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