45-47 2nd Avenue, Bayshore, NY 10003
Two retail buildings with strong street frontage and parking offer a compact portfolio for continued occupied operations.
- Added:
- Jun 10, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 20 at 8:54 am
Property Features for 45-47 2nd Avenue
General Information
- Standard status
- Active
- Size
- 3,248 SF
- Property subtype
- Retail, Multifamily
Listing agent Michael Tucker License #10301218503
Listing office DGNY Commercial (516) 428-9505
Listing date Jun 10, 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 DGNY Commercial
HighLights
- Portfolio sale: two retail buildings totaling ±3,248 SF in Bay Shore, NY at 45‑47 2nd Avenue
- Building 1: ±1,648 SF, 1 floor, with 44' frontage on 2nd Ave and 80' frontage on Union Blvd
- Building 2: ±1,600 SF, 2 floors, with 44' frontage on 2nd Ave
- Elevator included in the property
- On‑site parking includes 6 spaces
- Currently occupied by a single tenant
Overview
The buildings are located at 45-47 2nd Avenue in Bay Shore, New York, with frontage on both 2nd Avenue and Union Boulevard, supporting street-facing retail access. The combined configuration provides two separate retail structures within a single portfolio offering.
The portfolio is currently occupied by a single tenant, which may appeal to buyers looking for an income-producing retail asset with multiple building components and defined frontage along major streets. With on-site parking and an elevator serving the multi-floor portion, the layout can support a range of retail uses that benefit from visibility and convenient customer access. For investors and owner-operators, this presentation offers a straightforward two-building package in Bay Shore retail.
Local Financial Insights For Retail
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 | $97.4k | $30.00 |
| − Vacancy | −$6.7k | −$2.07 |
| EGI | $90.7k | $27.93 |
| − OpEx | −$27.2k | −$8.38 |
| NOI | $63.5k | $19.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bayshore
- County
- Suffolk
- State
- New York
- Longitude
- -73.246956
- Latitude
- 40.726425
