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    533 Montauk Hwy Bay Shore, NY 11706

    Sponsored
    For Lease
    $30 SF/Yr

    Grocery-anchored shopping center, prime location.

    Lot size:
    109,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Bay Shore Commons, located at 533 Montauk Hwy, Bay Shore, NY 11706, is a thriving 109,295 square foot retail center situated on 10 acres of land in Suffolk County. This established shopping center, built in 1951 and renovated in 2007, features three single-story buildings with a total of 24 suites. Currently, there are three available spaces ranging from 1,400 to 2,308 square feet. The center boasts a strong tenant mix including national and regional brands such as Stop & Shop, Retro Fitness, Bagel Boss, and more. With ample parking (471 spaces) and a BUS1 zoning designation, Bay Shore Commons benefits from its high-traffic location on Montauk Highway, serving a dense population of over 233,000 residents within a 5-mile radius. The property is professionally managed and maintained. The property's APN is 0500-369-00-01-00-029-001. Currently, only 471 square feet are vacant.

    Property Features for 533 Montauk Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    109,295 SF
    Total Rate
    273237.5

    Building Details

    Year Built/Renovated
    1951/2007
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 20
    Size
    1,800 SF
    Rate per SF
    $35
    Space
    Suite 18A
    Size
    2,308 SF
    Rate per SF
    $30
    Space
    Suite 12
    Size
    1,400 SF
    Rate per SF
    $37

    HighLights

    • Corner lot in high‑traffic location.
    • Prominent pylon signage for excellent visibility.
    • Strong tenant mix including national and regional brands, with existing restaurant tenants and opportunities for more.
    • Excellent signage opportunities.
    • Tenant‑controlled HVAC systems.
    • Modern recessed lighting throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Citizens ATM Atm People's United Bank ... Atm Coinstar Money Transfer Service Stop & Shop Grocery Store DVDXpress Kiosk @ Stop ... Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay Shore
    County
    Suffolk
    State
    New York
    Longitude
    -73.2308909
    Latitude
    40.7285373

    Nearby Comparable

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      Bay Shore Office Space Available

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      Islip Office Space For Lease

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      Downtown Retail End Cap Space

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    • $26 SF/Yr
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      Bay Shore Office Space

      Office space available for lease in Bay Shore, NY.
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    Nearby Similar for Lease

    • Contact for pricing
      187,624 SF

      South Shore Mall Retail Spaces

      Bay Shore, NY: 26 Retail Spaces Available
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      Bay Shore Warehouse - 9,000 SF

      Spacious Bay Shore warehouse, ready for occupancy.
      45 Sweeneydale Ave, Bay Shore, NY 11706
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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored shopping center, prime location.
    Where is this retail property located?
    The property is located at 533 Montauk Hwy Bay Shore, NY.
    What is the lease rate?
    The lease rate is $30-$37 SF/Yr.
    What are key features of this property?
    This property features: Corner lot in high-traffic location.; Prominent pylon signage for excellent visibility.; Strong tenant mix including national and regional brands, with existing restaurant tenants and opportunities for more.
    Request Owner's contact information
    533 Montauk Hwy Bay Shore, NY 11706
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    Bay Shore, NY 11706
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    Realmo Value Estimation

    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.

    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.

    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
    533 Montauk Hwy Bay Shore, NY 11706
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