Property profile

14 Bayville Ave Bayville, NY 11709

FOR LEASE
Investment properties
Property ID
US63-0225893
4,816 SF 0.29 ac lot Built 1962
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property at 14 Bayville Ave, Bayville, NY, presents a compelling investment opportunity. The 17,256 square foot building sits on a 0.29-acre lot and boasts a prime location offering attractive water views. Currently fully leased, the property comprises ten residential units and two ground-floor retail tenants, ensuring a consistent income stream. Both front and rear building entrances provide convenient access for residents and customers. A dedicated rear parking lot adds further value and convenience. The building underwent a complete renovation in 2019, ensuring modern amenities and reducing future maintenance costs. The high demand for both residential and retail space in this desirable Bayville location promises strong long-term rental growth and tenant retention. This turnkey investment is priced at $4,800,000 and offers a rare chance to acquire a well-maintained, income-producing asset in a thriving coastal community. The combination of updated infrastructure, high occupancy, and prime location makes this property an ideal addition to any investment portfolio. The property's strong performance history and potential for future appreciation make it a truly attractive investment opportunity.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1962
Construction FRAME
Total area 4,816 SF
Lot 0.29 ac (12,720 SF)
APN 29-00D-00-0115
UPID US63-0225893

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Building Supply Hardware & Home Improvement
  • Big Box & Wholesale Store
  • Construction Company General Contractor
  • Building Supply Hardware & Home Improvement

Location

14 Bayville Ave Bayville, NY 11709
Bayville metro Census 517901 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.14M
Blend (final) Blend
$3.88M

Owner & transaction history

since 2025
Last sale
$4.2M
4 recorded transactions
2025
$4.2M
2022
$3.6M
2015
$1.6M
2006
$2.1M

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $4.2M +35.5%
Office building $3.4M +9.0%
Auto repair, garage $3.2M +1.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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