105 Sweeneydale AveBay Shore, NY 11706

  • Mixed-use properties
  • 10.01 AC
For Lease

Property Details for 105 Sweeneydale Ave

Lot size
10.01 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
0500-223.00-02.00-054.003
APU
500223000200054003

Description

This exceptional commercial property at 105 Sweeneydale Avenue in Bay Shore, New York, presents a unique opportunity for businesses seeking expansive office space. Situated on a one-acre lot in Suffolk County, this 5,000 square foot building offers a flexible layout ideal for multiple tenants. Currently, the entire 5,000 square feet is vacant, providing immediate occupancy for a single large tenant or the potential for multiple smaller tenants. The property is classified as both office and land, offering significant potential for future development or expansion. The building's executive office subtype suggests a high-quality finish and amenities, making it suitable for businesses seeking a prestigious location. The property's address is 105 Sweeneydale Ave, Bay Shore, NY 11706. Its convenient location in Bay Shore provides easy access to major transportation routes and local amenities. This is a rare opportunity to secure a substantial office space in a desirable location. The property is for lease and offers a blank canvas for a business to establish its presence. The ample square footage and prime location make this an attractive proposition for businesses of all sizes. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $89,391,320
    6.5%
    $82,515,064
    7%
    $76,621,136
  • Comparable approach

    Method
    Valuation
    Relative Method
    $88,307,320
    Geo Method
    $88,307,320
  • Alternative Use

    Use
    Valuation
    Residential
    $82,515,064
    Hospitality
    $75,583,360
    Educational
    $62,884,464
    Medical
    $65,047,160
    Retail
    $97,820,280
105 Sweeneydale Ave, Bay Shore, New York
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Location Insight

City
Bay Shore
County
Suffolk
State
New York
Latitude
40.7576
Longitude
-73.2667
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$256,500
$358,500
$615,000
-
$3,523,352
$4,924,451
$8,447,803

FAQs

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