Updated
1306 Potter Boulevard, Bayshore, NY 11706
For Sale
$625,000
Two-unit residential property with separate utility meters and refreshed kitchens and bathrooms.
Property Size1,901 SF
Price / SF$328.77
Days on Market34
Property Features for 1306 Potter Boulevard
General Information
Standard status
Size
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
Year Built
Units
Listing Agency:
Herrick Real Estate LLC
Listed By:
Robert J. Herrick Jr
(631) 968-5300
Source:
Jwsrealtygroup
Added: Oct 7
Changed: Nov 7
Last Checked: Nov 8 at 3:24PM
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 Herrick Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,901-square-foot duplex in Bay Shore is configured as a legal two-unit property. Kitchens and bathrooms have been updated, and replacement windows are in place. Separate meters serve the units. The property was built in 1878 and sits on a cul-de-sac.
Key Highlights
- Legal two‑unit configuration
- 1,901 square feet
- Separate meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,709
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,180
$734.2K
Cap Rate 7%
$524,414
$524.4K
Cap Rate 9%
$407,878
$407.9K
Market Conditions
NOI Build-Up for 1,901 SF
Gross rent
$55.9K $29.40/SF
− Vacancy
−$3.4K −$1.81/SF
EGI
$52.4K $27.59/SF
− OpEx
−$15.7K −$8.28/SF
NOI
$36.7K $19.31/SF
Area
Suffolk County, NY
Vacancy
6.17%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,180
Cap Rate 7%
$524,414
Cap Rate 9%
$407,878
Alternative Uses
Best Use
Multifamily LT 5
$524.4K
$458.9K – $611.8K
NOI $36,709 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$482.6K
$422.3K – $563.1K
NOI $33,785 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$579.1K
$506.7K – $675.7K
NOI $40,539 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 11706, NY
66,263
Population
21,435
Households
3.1
Avg Household Size
37
Median Age
26%
College-Educated
82%
High-School Grad
16.9 sq mi
ZIP Area
3,921
Density / Sq Mi
$115,112
Median Household Income
$44,917
Median Earnings
$1,885
Median Rent
$464,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Suffolk County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate utility meters and refreshed kitchens and bathrooms.
Where is this duplex located?
The property is located at 1306 Potter Boulevard Bayshore, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Legal two‑unit configuration; 1,901 square feet; Separate meters for each unit
