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    FOR LEASE
    Investment properties

    14 Bayville Ave, Bayville, NY 11709

    4,816 SF 0.29 ac lot Built 1962
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-0225893
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Souvlaki Place of Bayville Restaurant
    • MyKnobs.com Inc. Building Supply Hardware & Home Improvement
    • House of Knobs Big Box & Wholesale Store
    • CoolTiles.com Construction Company General Contractor
    • Knobs4Less.com Building Supply Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.97M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.14M
    Blend (final) Blend
    $4.06M
    Owner & transaction history
    Emradale Realty LLC · 1 yrs held
    Emradale Realty LLC
    since 2025
    Last sale
    $4.2M
    4 recorded transactions
    2025
    $4.2M
    2022
    $3.6M
    2015
    $1.6M
    2006
    $2.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $4.2M +35.5%
    Office building $3.4M +9.0%
    Auto repair, garage $3.2M +1.5%
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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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