Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Building on Union Boulevard Title is generated by Realmo AI

    2304 Union Blvd, Bayshore, NY 11706

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2,671 SF commercial building on 0.39 acres in Bay Shore.

    Type:Retail
    Property size:
    2,671 SF
    Lot size:
    0.39 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    73
    Last Refresh:
    Mar 19 at 10:09 pm

    Property Features for 2304 Union Blvd

    General Information

    Standard status
    Active
    Size
    2,671 SF
    Lot size
    0.39 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Christopher Cardenas

    Listing agent Christopher Cardenas License #10491213447

    Listing office Tripoint Real Estate

    Listing date Mar 9, 2026

    Source Crexi

    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 Tripoint Real Estate

    HighLights

    • Direct frontage on Union Boulevard provides strong local visibility and accessibility.
    • Approximately 20 on‑site parking spaces.
    • ±2,671 square foot commercial building on approximately ±0.39 acres.
    • Suitable for a variety of uses: service‑oriented businesses, contractors, automotive users, or neighborhood retail operations.
    • Located in Bay Shore, Town of Islip, Suffolk County, New York.
    • Single‑tenant commercial building.

    Overview

    The property at 2304 Union Boulevard in Bay Shore, Town of Islip, Suffolk County, New York, is a commercial building with approximately 2,671 square feet of space on a site of approximately 0.39 acres. Configured as a single-tenant building, it offers functional space suitable for service-oriented businesses, contractors, automotive users, or neighborhood retail operations. The site provides approximately 20 on-site parking spaces and benefits from direct frontage along Union Boulevard, offering local visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael Anthony Auto ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Bayshore
    County
    Suffolk
    State
    New York
    Longitude
    -73.230427
    Latitude
    40.729951

    Nearby Similar for Sale

    • $750,000
      1,688 SF

      Professional Office Space on Main

      Professional office space in Bay Shore's growing business corridor.
      180 E Main Street, Bay Shore, NY 11706
      View Details
    • $795,000
      2,600 SF

      Renovated Commercial Building with Parking

      2,600 SF renovated building with parking and development potential.
      20 Ackerson Street, Bay Shore, NY 11706
      View Details
    • $34,900

      Turnkey Barber Shop Opportunity

      Fully equipped barber shop on high-traffic street, ready for business.
      1575 5th Avenue, Bay Shore, NY 11706
      View Details
    • $699,900

      Bay Shore Deli and Residence

      Established deli with renovated facilities and residential property.
      305 4th Ave, Bay Shore, NY 11706
      View Details
    • $750,000
      1,688 SF

      Professional Office Space on Main

      Own professional office space in fast growing Bay Shore.
      180 E Main St, Bay Shore, NY 11706
      View Details
    • $999,000

      Stand-Alone Building with Private Parking

      Stand-alone building suitable for retail or office with private parking.
      1813 5th Ave, Bay Shore, NY 11706
      View Details
    • $199,000

      Medical Office For Sale

      Medical office featuring exam rooms, office, reception, and waiting areas.
      375 MAIN St 20, Bay Shore, NY 11706
      View Details
    • $1,400,000
      2,600 SF

      Bay Shore Mixed-Use Opportunity

      Three structures on one lot in Bay Shore's Business District.
      70 Park Ave, Bay Shore, NY 11706
      View Details
    • $649,900
      1,750 SF

      Bay Shore Office Building

      Office building in Bay Shore, NY, 1750 square feet.
      245 Bay Shore Road, Bay Shore, NY 11706
      View Details
    • $2,110,000
      1,380 SF

      Exxon Gas Station Investment Opportunity

      Single-tenant Exxon gas station with NNN lease in Bay Shore.
      172 Howells Rd, Bay Shore, NY 11706
      View Details
    • $3,000,000
      10,000 SF

      Bay Shore Industrial/Manufacturing Building

      10,000 SF industrial/manufacturing building on 0.65-acre lot for sale.
      9 Pine Aire Dr, Bay Shore, NY 11706
      View Details
    • Contact for pricing
      41,419 SF

      Industrial Building with Mezzanine Storage

      One-story industrial building with mezzanine storage in Bay Shore, NY.
      60-70 Cleveland Ave, Bay Shore, NY
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,671 SF commercial building on 0.39 acres in Bay Shore.
    Where is this retail space located?
    The property is located at 2304 Union Blvd Bayshore, NY.
    What are key features of this property?
    This property features: Direct frontage on Union Boulevard provides **strong local visibility and accessibility**.; Approximately 20 on‑site parking spaces.; **±2,671 square foot commercial building** on approximately ±0.39 acres.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Christopher Cardenas
    Real Estate License ID: 10491213447
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2304 Union Blvd, Bay Shore, NY 11706
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!