54 2nd Avenue

Bay Shore, NY 11706

$1,249,999
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Opportunity awaits! Incredible, income-producing investment property located in the heart of Bay Shore - this legal four-family unit boasts three 2-bedroom units and one 1-bedroom unit. Apartments are spacious and were recently updated. This home also features two full-car garages, which can garner further monthly income. Proximally located near the LIRR Bay Shore stop and minutes away from newly developed downtown Bay Shore, which features trendy restaurants, shopping, bars, nightlife and access...Opportunity awaits! Incredible, income-producing investment property located in the heart of Bay Shore - this legal four-family unit boasts three 2-bedroom units and one 1-bedroom unit. Apartments are spacious and were recently updated. This home also features two full-car garages, which can garner further monthly income. Proximally located near the LIRR Bay Shore stop and minutes away from newly developed downtown Bay Shore, which features trendy restaurants, shopping, bars, nightlife and access to the Fire Island ferries. Please see attached for current rent roll and expenses.

Listing Agents

  1. Jessica Akde-elmazi

    Jessica Akde-elmazi

    Alternative Listing Agent

    Compass

    jessica.akde@compass.com

    P: (718)-309-9837

Property Details for 54 2nd Avenue

Township
Islip
Architectural Style
Colonial
Garage Spaces
4.00
Section Area
Brook Street
Offer Presentation
Cannot be Present
LISTING UPDATED: 11/14/2024 12:42 PM

Property Details for 54 2nd Avenue

StatusActive
MLS #3590958
Days on Market4
Taxes$15,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.25 AC / 10,890 SF
CountySuffolk County

Building Information for 54 2nd Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 54 2nd Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 21
  • MLS District Code: 500
  • Tax Block: 0001
  • Tax Lot: 137
  • Property Attached: No
  • Structure Type: false
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Bay Shore
  • Elementary School District: Bay Shore
  • Elementary School: Fifth Avenue School
  • Middle Or Junior School District: Bay Shore
  • Middle Or Junior School: Bay Shore Middle School
  • High School District: Bay Shore
  • High School: Bay Shore Senior High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Level: Other
  • Room Type: Bedroom
  • RoomDescription 1: 7 Bedrooms, 4 Bathrooms, Dining Room, Kitchen
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 0500-367-00-01-00-137-000
  • Tax Map Number: 0500-367-00-01-00-137-000
  • Included In Taxes: Sewer,Trash,Water
Interior and Exterior Features
Interior Features
  • Amenities: Colonial, Public
  • Number Of Kitchens: 4.0
  • Total Rooms: 10
  • Living Area Units: Square Feet
  • Basement: None, Unfinished
  • Fireplaces Total: 0
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Shared Driveway, Attached, 4+ Car Attached, Garage, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Frame
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 69x
  • Site Features: Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: Shared Driveway, Attached, 4+ Car Attached, Garage
  • Attached Garage: Yes
  • Garage: Yes
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Natural Gas, See Remarks
  • Heat Fuel Type: Natural Gas, See Remarks
  • Hot Water: See Remarks
  • Number Of Separate Gas Meters: 4
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 5
Green Features
  • Green Features: Natural Gas, See Remarks

Property History for 54 2nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 54 2nd Avenue

Taxable ValueLand$9,500Additions$26,500Total$36,000
Home Facts
Lot Size10,890 SqFtStyleMulti-Family Res (5+ Units)ZoningIND1CountySUFFOLKAPN0500-367.00-01.00-137.000

Schools near 54 2nd Avenue

This home is within Bay Shore Union Free School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fifth Avenue School
PublicK to 2

Gardiner Manor School
Public3 to 5

Bay Shore Middle School
Public6 to 8

Bay Shore Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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54 2nd Avenue is a multi-family home for sale in Bay Shore, NY 11706. This property was listed for sale on November 13, 2024 by Compass, it's currently listed at $1,249,999. It has been on the market for a total of 4 days and was last sold on January 9, 2004. This listing's school district is Bay Shore Union Free School District. Nearby schools include Fifth Avenue School, Gardiner Manor School and Bay Shore Middle School. 54 2nd Avenue is a 7-bed, 4-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All Rights Reserved.