For Sale
$2,500,000

28 Bohack Ct Sayville, NY 11782

7-Unit Building, 6.48% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
127
This stabilized, 7-unit apartment building presents a compelling investment opportunity in Sayville, NY. The property, built in 1950, boasts 7,397 square feet of net rentable space across two stories, situated on a 0.4-acre lot. Currently operating at 100% occupancy, the building generates a substantial net operating income (NOI) of $162,114, resulting in an attractive 6.48% capitalization rate. The property is classified as a Class B multifamily investment and offers a fee simple ownership structure. Its prime location near the Sayville LIRR station, local schools, diverse dining options, beaches, and shopping centers ensures strong tenant demand and long-term value appreciation. The property features no ground lease and no air rights. This is an exceptional opportunity for investors seeking a stable, high-performing asset in a desirable Long Island location. The asking price is $2,500,000. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily property in a thriving community.

Highlights

  • 0.40-acre lot with +/- 7,397 square feet of building area.
  • Excellent Sayville location near LIRR, schools, restaurants, beaches, and retail.

Property Details for 28 Bohack Ct

Property type
Apartment buildings
Square Feet
7,397 SF
Class
B
Year Built
1950
Buildings
1
Stories
2
Lot Size (sq. ft)
17,424 SF
Units
7

Location Insight

City
Sayville
County
Suffolk
State
New York
Latitude
40.734168843012
Longitude
-73.087862942409
28 Bohack Ct, Sayville, New York

FAQs

What type of property is this?
Apartment building - 7-Unit Building, 6.48% Cap Rate
Where is the apartment building located?
The property is located at 28 Bohack Ct Sayville, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 0.40-acre lot with +/- 7,397 square feet of building area.; Excellent Sayville location near LIRR, schools, restaurants, beaches, and retail.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
28 Bohack Ct
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message