Berkshire Hathaway Commercial Services is pleased to present Park Avenue Lofts in Bay Shore, a premier mixed-use property offering an exceptional investment opportunity in one of Long Island’s most vibrant and rapidly developing downtowns.
Built in 2020, this modern two-story building sits on a 0.5-acre lot and is zoned BD, allowing for both a small commercial component and multifamily use. The property features 18 residential units and one ground-floor commercial space. For the convenience of tenants, there are also onsite laundry facilities.
The residential mix includes 2 studio apartments, 12 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 2 two-bedroom/two-bath units, providing a diverse range of layouts that appeal to a wide tenant base. The majority of tenants are employed by the nearby South University Hospital, which is less than a mile from the complex.
The site offers 26 surface parking spaces providing convenient access for tenants. With high-quality construction completed just five years ago, 64 Park Avenue represents a fully leased, turnkey, income-producing asset in a prime Bay Shore location surrounded by retail, dining, and transportation.
Please give us a call for the full Offering Memorandum | 516 703 2300