40 Bay Shr Ave Bay Shore, NY 11706-7929
- Office buildings
- 0.18 lot acres
Current Use by Public Records
- Marc Cimmino / Family Practice Physician / Sports Medicine Physician
- Bayshore Urgent Care / Family Practice Physician / Medical Clinic
- Sentra Laboratory / Laboratory
- Dr. Steven Golinowski / Family Practice Physician / Practitioner Service Location
- Zenith Laboratories / Laboratory
Property Details for 40 Bay Shr Ave
- Lot size
- 0.18 lot acres
- Zone code
- B
- Property type
- Office buildings
- APN
- 0500-393.00-03.00-046.000
- APU
- 500393000300046000
Description
This exceptional 1,800 square foot medical office building, located at 40 Bay Shore Avenue in Bay Shore, New York, presents a fantastic investment opportunity. Completely renovated in 2021, this freestanding building boasts a prime location near E. Main St. and downtown Bay Shore, ensuring high visibility and convenient access for patients. The well-designed layout includes three fully equipped exam rooms, perfect for a variety of medical practices. Additional features include 2.5 bathrooms, a dedicated x-ray room, a spacious physical therapy room, and a welcoming reception area complete with a comfortable waiting room. Two private offices provide ample space for administrative tasks or consultations. The building's modern design and convenient location make it an ideal setting for a thriving medical practice. The asking price for this turnkey property is $679,000. The property is situated in Suffolk County, New York, with a zip code of 11706. This is a rare opportunity to acquire a fully renovated, well-equipped medical office building in a desirable location. Don't miss out on this chance to establish or expand your medical practice in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $515,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $565,000
- Mixed-Use
- $490,000
- Hospitality
- $570,000
- Educational
- $480,000
- Residential Income
- $540,000
- Energy
- $450,000
- Income-Based Land
- $490,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Bay Shore
- County
- Suffolk
- State
- New York
- Longitude
- -73.2481
- Latitude
- 40.725
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
