Bay Shore Deli and
For Sale
$699,900
Pending
305 4th Ave, Bayshore, NY 11706
Established deli with renovated facilities and residential property.
Property Size2,000 SF
Days on Market186
Property Features for 305 4th Ave
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,337
Building Details
Building Size
2,000 SF
Listing Agency:
Oasis Realty Group LLC
Listed By:
Amanda Dubester
(631) 922-2944
Source:
Elliman
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 24 at 6:36PM
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 Oasis Realty Group LLC
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Investment Insights
Based on property information with market context.
This property presents an opportunity to own an established deli in Bay Shore, originally founded in 1964 and recently renovated. The fully operational deli is situated in a high-visibility location. The sale includes a two-bedroom, one-bathroom ranch home located next door. The home includes a basement that could be used for storage or future expansion. The location is considered very walkable with a score of 73 and somewhat bikeable with a score of 49.
Key Highlights
- Fully renovated, established deli since 1964 offering a blend of history and modern appeal.
- Includes a two‑bedroom, one‑bathroom ranch home, providing options for living, staff housing, or rental income.
- High‑visibility, convenient location ideal for attracting customers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,365
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,300
$727.3K
Cap Rate 7%
$519,500
$519.5K
Cap Rate 9%
$404,056
$404.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$52.1K $26.04/SF
− Vacancy
−$3.6K −$1.80/SF
EGI
$48.5K $24.24/SF
− OpEx
−$12.1K −$6.06/SF
NOI
$36.4K $18.18/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,300
Cap Rate 7%
$519,500
Cap Rate 9%
$404,056
Alternative Uses
Best Use
Specialty Retail
$519.5K
$454.6K – $606.1K
NOI $36,365 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$609.3K
$533.1K – $710.8K
NOI $42,650 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 11%
Electronics 8%
Home Improvements & Furnishings 1%
Teachers Federal Credit Union (TFCU)
Shops & Services
13,085 visits/mo
0.3 miles
Mobil
Shops & Services
10,796 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,250 visits/mo
0.4 miles
P.C. Richard & Son
Electronics
3,642 visits/mo
0.4 miles
Domino's Pizza
Dining
2,982 visits/mo
0.4 miles
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
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established deli with renovated facilities and residential property.
Where is this conventional restaurant located?
The property is located at 305 4th Ave Bayshore, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Fully renovated, established deli since 1964 offering a blend of history and modern appeal.; Includes a two‑bedroom, one‑bathroom ranch home, providing options for living, staff housing, or rental income.; High‑visibility, convenient location ideal for attracting customers.
