54 2nd Avenue

Bay Shore, NY 11706

$1,249,999
Price
Beds
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 four 2-bedroom units. 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....Opportunity awaits! Incredible, income-producing investment property located in the heart of Bay Shore - this legal four-family unit boasts four 2-bedroom units. 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. Thomas Caramanno

    Thomas Caramanno

    Alternative Listing Agent

    Compass

Property Details for 54 2nd Avenue

City/Township
Islip
Architectural Style
Colonial
Section Area
Brook Street
LISTING UPDATED: 01/23/2025 01:42 PM

Property Details for 54 2nd Avenue

StatusPending
MLS #L3590958
Days on Market71
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 District Code: 500
  • Tax Block: 0001
  • Tax Lot: 137
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Bay Shore
  • Elementary School: Fifth Avenue School
  • 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
  • Seasonal Rental: No
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Type: Bedroom 1
  • 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
  • Included In Taxes: Sewer,Trash,Water
  • Additional Fees: No
Interior and Exterior Features
Interior Features
  • Amenities: Colonial, Public
  • Number Of Kitchens: 4.0
  • Total Rooms: 10
  • Basement: None, Unfinished
  • Attic Description: None
  • Fireplaces Total: 0
  • Spa: No
Exterior Features
  • Exterior Property Features: Shared Driveway, Attached, Driveway, Garage, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Frame
  • Pool Private: No
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 69x
  • Additional Parcel: No
  • Site Features: Near Public Transit
Parking
  • Parking Features: Shared Driveway, Attached, Driveway, Garage
  • Garage: Yes
Utilities
  • Cooling: None
  • Heating: Natural Gas, See Remarks
  • Heat Fuel Type: Natural Gas, See Remarks
  • Number Of Separate Gas Meters: 4
  • 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.

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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.

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