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    OFF-MARKET
    Commercial real estate

    28 Bohack Ct, Sayville, NY 11782

    7,397 SF 0.4 ac lot Built 1950
    Property ID
    US63-1038356
    Property summary
    AI-generated overview

    This stabilized, 7-unit apartment building presents a compelling investment opportunity in Sayville, NY. The property, built in 1950, boasts 7,397 square feet of net rentable space across two stories, situated on a 0.4-acre lot. Currently operating at 100% occupancy, the building generates a substantial net operating income (NOI) of $162,114, resulting in an attractive 6.48% capitalization rate. The property is classified as a Class B multifamily investment and offers a fee simple ownership structure. Its prime location near the Sayville LIRR station, local schools, diverse dining options, beaches, and shopping centers ensures strong tenant demand and long-term value appreciation. The property features no ground lease and no air rights. This is an exceptional opportunity for investors seeking a stable, high-performing asset in a desirable Long Island location. The asking price is $2,500,000. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily property in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Total area 7,397 SF
    Lot 0.4 ac (17,424 SF)
    UPID US63-1038356
    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
    • Superposition Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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