Mixed-Use Building with
For Sale
$950,000
569 Middle Road, Bay Port, NY 11705
Ground-floor business space and an upstairs three-bedroom residence create a live-work configuration.
Property Size3,672 SF
Price / SF$258.71
Days on Market178
Property Features for 569 Middle Road
General Information
Standard status
Active
Size
3,672 SF
Class
C
Total Parking Spaces
22
Property subtype
Commercial
Zoning
BD
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$20,131
Building Details
Building Size
3,672 SF
Year Built
2009
Buildings
1
Stories
2
Abandoned
No
Listing Agency:
Howard Hanna Coach
(631) 360-1900
Listed By:
Adrienne M. Delio
(631) 275-9516
Source:
Croninreale
Added: May 7
Changed: Oct 30
Last Checked: Oct 29 at 10:47PM
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 Howard Hanna Coach
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines ground-floor commercial space with a three-bedroom apartment above. The business level has a reception area, three offices, a refreshment area, and a full bathroom. Upstairs, the residence has an open floor plan and a dedicated laundry room. A basement provides storage, and the building has natural gas heat and central air conditioning, each with a two-zone system.
The property is at 569 Middle Road in Bayport, New York, and was built in 2009. Shared features include a common parking lot, outdoor space, landscaping, and a garbage dumpster. The site is zoned BD.
The property is at 569 Middle Road in Bayport, New York, and was built in 2009. Shared features include a common parking lot, outdoor space, landscaping, and a garbage dumpster. The site is zoned BD.
Key Highlights
- Ground‑floor commercial space includes reception, 3 offices, a refreshment area, and a full bathroom
- Upstairs apartment has 3 bedrooms, an open floor plan, and dedicated laundry
- Natural gas heat and central air conditioning, each with a two‑zone system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,369
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,307,380
$1.3M
Cap Rate 7%
$933,843
$933.8K
Cap Rate 9%
$726,322
$726.3K
Market Conditions
NOI Build-Up for 3,672 SF
Gross rent
$113.7K $30.96/SF
− Vacancy
−$9.1K −$2.48/SF
EGI
$104.6K $28.48/SF
− OpEx
−$39.2K −$10.68/SF
NOI
$65.4K $17.80/SF
Area
Suffolk County, NY
Vacancy
8.00%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,307,380
Cap Rate 7%
$933,843
Cap Rate 9%
$726,322
Alternative Uses
Best Use
Mixed Use
$933.8K
$817.1K – $1.09M
NOI $65,369 @ 7.0% cap · market cap 6.88%
Second Best
Office B
$902.0K
$789.3K – $1.05M
NOI $63,142 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$1.12M
$978.8K – $1.31M
NOI $78,306 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Explore this area
Business Placement
Demographics for 11705, NY
7,951
Population
2,988
Households
2.7
Avg Household Size
44
Median Age
56%
College-Educated
99%
High-School Grad
3.4 sq mi
ZIP Area
2,339
Density / Sq Mi
$161,214
Median Household Income
$77,515
Median Earnings
$2,193
Median Rent
$618,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor business space and an upstairs three-bedroom residence create a live-work configuration.
Where is this mixed-use property located?
The property is located at 569 Middle Road Bay Port, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Ground‑floor commercial space includes reception, 3 offices, a refreshment area, and a full bathroom; Upstairs apartment has 3 bedrooms, an open floor plan, and dedicated laundry; Natural gas heat and central air conditioning, each with a two‑zone system
