This exceptional commercial property at 105 Sweeneydale Avenue in Bay Shore, New York, presents a unique opportunity for businesses seeking expansive office space. Situated on a one-acre lot in Suffolk County, this 5,000 square foot building offers a flexible layout ideal for multiple tenants. Currently, the entire 5,000 square feet is vacant, providing immediate occupancy for a single large tenant or the potential for multiple smaller tenants. The property is classified as both office and land, offering significant potential for future development or expansion. The building's executive office subtype suggests a high-quality finish and amenities, making it suitable for businesses seeking a prestigious location. The property's address is 105 Sweeneydale Ave, Bay Shore, NY 11706. Its convenient location in Bay Shore provides easy access to major transportation routes and local amenities. This is a rare opportunity to secure a substantial office space in a desirable location. The property is for lease and offers a blank canvas for a business to establish its presence. The ample square footage and prime location make this an attractive proposition for businesses of all sizes. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$89,391,320
6.5%
$82,515,064
7%
$76,621,136
Comparable approach
Method
Valuation
Relative Method
$88,307,320
Geo Method
$88,307,320
Alternative Use
Use
Valuation
Residential
$82,515,064
Hospitality
$75,583,360
Educational
$62,884,464
Medical
$65,047,160
Retail
$97,820,280
Location Insight
City
Bay Shore
County
Suffolk
State
New York
Latitude
40.7576
Longitude
-73.2667
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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