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Dwell Snap Team

info@dwellsnap.com +1(860) 306-9136

$ 1,900,000

Est. payment -/mo

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Active

70 Park AVE Bay Shore, NY 11706

7,405 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 940105

Rental Info No

Year Built 1925

Annual Tax Amount $21,135

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Mixed Use

Source onekey2

Property Description

This offering features three structures on one deeded lot in the heart of Bay Shore's Business District. Seventy Park Ave is a 2,600 sq ft commercial building with a current CO allowing the first floor apartment to be used as a Personal Service business and residence, and the second floor as a separate apartment. The current owner is using both floors as a one family residence with a Personal Service business. The property offers parking for 5 to 7 vehicles and includes many updates throughout including the kitchen, three full bathrooms, and a full roof replacement completed approximately six years ago. Additional building features include natural gas hook up in house for cooking, an oil heating system and exterior cellar access to a full unfinished basement. The property is connected to sewers and public water, has commercial dumpster service for rubbish removal, and contains three electrical meters: two residential panels for the first and second floors and one commercial panel servicing the basement and garage. There is also a 400 sq ft detached two car garage and an additional 1100 sq ft building at 1636 and 1636A Union Blvd, CO'd as a legal two family dwelling with a studio and a one bedroom apartment. These units are separately metered for electric, with the studio operating on electric heat and the one bedroom having its own gas heating system. Both units are currently vacant. The property presents an opportunity to reposition multiple units at once, resolve outstanding violations, and capitalize on strong rental demand for studio, one bedroom, and two bedroom apartments in the area. With flexible layouts, on site parking, and significant upside through renovation and potential expansion, this asset is well suited for investors seeking value add potential and long term income growth.

Location

State NY

County Suffolk County

Rooms

Basement Bilco Door(s), Storage Space, Unfinished

Interior

Heating Baseboard, Oil

Cooling None

Flooring Carpet, Hardwood, Tile

Fireplace No

Appliance Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Oven, Refrigerator, Stainless Steel Appliance(s)

Exterior

Parking Features Driveway, Garage

Fence Fenced

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Stucco

Others

Special Listing Condition None

Listed by Signature Premier Properties • Dorothy E. Ziccardi

Data provided by Home Junction

Dwell Snap Team

Agent | License ID: 10401320877

+1(860) 306-9136

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