Stunning new construction building in the heart of Bayville. Prime location on a busy waterfront strip. Directly across from the famous Ransom Beach. Building consists of four commercial spaces as well as four custom luxury apartments second floor both with unobstructed water views. Building is fully equipped with an elevator. Open floor plan apartments include hardwood floors, custom kitchen, two baths, laundry and private decks. Apartments feature Energy Star dishwasher, dryer, furnace, refrigerator, stove, washer, tankless water heater, programmable thermostat, and private decks. Building constructed with double pane windows and doors. All four apartments have been leased for 1-2 years. NOI is $287,420. Cap Rate is 6.8%. All 4 commercial units are currently leased. Ample parking with 4 garages rear of the building.

  • Status For Sale
  • Location Bayville, NY
  • Type Mixed Use
  • Price$4,200,000
  • Listing Agent:John Magnani
  • Contact Number:917.821.8587


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