14 Bayville Ave, Bayville, NY 11709
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.
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Souvlaki Place of Bayville Restaurant
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MyKnobs.com Inc. Building Supply Hardware & Home Improvement
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House of Knobs Big Box & Wholesale Store
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CoolTiles.com Construction Company General Contractor
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Knobs4Less.com Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.