Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    45 4th St Bay Shore, NY 11706-1212

    • Manufacturing properties
    • 5.60 lot acres
    OFF-MARKET
    Value Estimations
    $985,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1387418
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Custom Earth Recycling / Recycling Center / Waste Management Facility
    • Jenco Ready Mix / Building Supply
    • B&Y trucks and trailers welding repair / Department Store

    Property Details for 45 4th St

    Lot size
    5.60 lot acres
    Zone code
    IND2
    Property type
    Manufacturing properties
    APN
    0500-198.00-02.00-002.002
    APU
    500198000200002002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $985,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bay Shore
    County
    Suffolk
    State
    New York
    Longitude
    -73.2945
    Latitude
    40.7639
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $140,800
    $171,000
    $311,800
    -
    $1,934,066
    $2,348,901
    $4,282,967

    Comparable in this City

    • Value Estimation
      $910,000
      0.73 Acres

      240 Fehr Way

      MANUFACTURING (LIGHT) • 0.73 Acres
      240 Fehr Way, Bay Shore, NY 11706-1208
      View Details
    • Value Estimation
      $910,000
      0.45 Acres

      99 Jefferson Ave

      MANUFACTURING (LIGHT) • 0.45 Acres
      99 Jefferson Ave, Bay Shore, NY 11706-1049
      View Details
    • Value Estimation
      $930,000
      0.17 Acres

      59 Livingston St

      MANUFACTURING (LIGHT) • 0.17 Acres
      59 Livingston St, Bay Shore, NY 11706-7004
      View Details
    • Value Estimation
      $920,000
      0.64 Acres

      309 Orinoco Dr

      MANUFACTURING (LIGHT) • 0.64 Acres
      309 Orinoco Dr, Bay Shore, NY 11706-7111
      View Details
    • Value Estimation
      $28,300,000
      5.30 Acres

      81 Spence St

      MANUFACTURING (LIGHT) • 5.30 Acres
      81 Spence St, Bay Shore, NY 11706-2206
      View Details
    • Value Estimation
      $1,000,000
      0.47 Acres

      41 Degnon Blvd

      MANUFACTURING (LIGHT) • 0.47 Acres
      41 Degnon Blvd, Bay Shore, NY 11706-8910
      View Details

    Similar Nearby for Sale

    • $949,000
      1,200 SF

      Bay Shore Industrial Office/Warehouse

      1,200 SF Office & Warehouse Space
      61 1St Ave, Bay Shore, NY 11706
      View Details
    • $1,175,000

      Corner Commercial Building with Parking

      Well-maintained commercial building with excellent exposure and ample parking.
      93 N Clinton Ave, Bayshore, NY 11706
      View Details
    • $3,399,999

      Bay Shore Industrial Property

      Industrial property for sale in Bay Shore, New York.
      24 Cottage Ave, Bayshore, NY 11706
      View Details
    • $2,100,000
      8,000 SF

      Bay Shore Industrial Warehouse

      8,000 SF Warehouse, Excellent Investment
      250 Fehr Way, Bay Shore, NY 11706
      View Details
    • Contact for pricing
      8,000 SF

      Bay Shore Warehouse Opportunity

      8,000 SF warehouse/industrial property in Bay Shore, NY.
      250 N Fehr Way, Bayshore, NY 11706
      View Details
    • $225,000
      0.59 Acres

      Vacant Land Near Amenities

      Vacant land parcel near parks, highways, and shopping centers.
      Manatuck Blvd, Bayshore, NY 11706
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,200 SF

      Bay Shore Warehouse Space

      12,200 SF warehouse space available for lease.
      40-48 Drexel Dr, Bayshore, NY 11706
      View Details
    • Contact for pricing
      9,000 SF

      Bay Shore Warehouse - 9,000 SF

      Spacious Bay Shore warehouse, ready for occupancy.
      45 Sweeneydale Ave, Bay Shore, NY 11706
      View Details
    • Contact for pricing

      Bay Shore Warehouse Space

      Warehouse space available for lease in Bay Shore, NY.
      145 Candlewood Rd, Bayshore, NY 11706
      View Details
    • Contact for pricing
      1,000 SF

      Industrial Space Near LIRR Stations

      Industrial space available near Bay Shore and Brentwood LIRR stations.
      333 Spur Dr N, Bayshore, NY 11706
      View Details
    • $4,500 /Mo
      2,000 SF

      Bay Shore Office Space Available

      Office space for rent in a busy Bay Shore location.
      1805 5Th Ave, Bayshore, NY 11706
      View Details
    • Contact for pricing
      1,700 SF

      Bay Shore Office Space

      Office space available for lease in Bay Shore, NY.
      1753 Sunrise Hwy, Bayshore, NY 11706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    45 4th St
    Bay Shore, NY 11706-1212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!