Downtown Office Suite with
11 S Park Ave Bayshore, NY 11706
11 S Park Ave, Bayshore, NY, 11706
$749,999
For Sale
$749,999
Own a one-level commercial office space with high ceilings and a private driveway, plus nearby municipal parking across the street.
Property Size2,750 SF
Price / SF$272.73
Days on Market65
Property Features for 11 S Park Ave
General Information
- Standard status
- Active
- Size
- 2,750 SF
- Property subtype
- Commercial
Listing agency
(516) 680-8173
Listed by
Holly Gottlieb ABR SRES
(516) 680-8173
Source
Elliman
Added: May 19 Updated: Jul 21 at 8:38PM Checked: Jul 21 at 8:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Holly Gottlieb ABR SRES
Investment Insights
Based on property information with market context.
This offering presents approximately 2,750 sq. ft. of commercial office space available for purchase. The space is one-level and features high ceilings and a functional floor plan. The property is being sold AS IS.
A private driveway provides convenient access, and additional municipal parking is located directly across the street for staff and visitors. The location is described as being in the heart of Downtown Bay Shore, close to shops, restaurants, transportation, and major roadways. WalkScore is listed as 74 (Very Walkable) and bikeScore as 43 (Somewhat Bikeable).
A private driveway provides convenient access, and additional municipal parking is located directly across the street for staff and visitors. The location is described as being in the heart of Downtown Bay Shore, close to shops, restaurants, transportation, and major roadways. WalkScore is listed as 74 (Very Walkable) and bikeScore as 43 (Somewhat Bikeable).
Key Highlights
- Approximately 2,750 SF one‑level commercial office space available in Downtown Bay Shore
- High ceilings and a functional one‑level floor plan
- Private driveway provides convenient access
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.9k | $27.96 |
| − Vacancy | −$13.8k | −$5.03 |
| EGI | $63.0k | $22.93 |
| − OpEx | −$15.8k | −$5.73 |
| NOI | $47.3k | $17.20 |
2,750 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$675.5K
$591.1K – $788.1K
NOI $47,287 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$837.8K
$733.1K – $977.4K
NOI $58,644 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Steven Hall & Partners
Business Management Consultant
sullivan builders group
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Own a one-level commercial office space with high ceilings and a private driveway, plus nearby municipal parking across the street.
Where is this office units located?
The property is located at 11 S Park Ave Bayshore, NY.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Approximately 2,750 SF one‑level commercial office space available in Downtown Bay Shore; High ceilings and a functional one‑level floor plan; Private driveway provides convenient access
