318 Bay Walk
Ocean Beach
NY,
11770
- Sold
- Bayfront Mixed Use Property in the Heart of Ocean Beach
- Multi Family
- ML# OB-318s
Property Details
Overview
Bayfront mixed use commercial property with 4 units in the heart of Ocean Beach. Have the best of both worlds with residential fronting on the Bayfront and retail spaces fronting on Bay Walk (aka Main Street) in Ocean Beach. The units consist of a 3 bedroom bay front year round home, a studio apartment, and a 1,689 sq ft 2 unit commercial space currently used as a clothing store. Ideally situated for a vacation rental, the 3 bedroom residential unit is completely renovated, and features an open great room and stunning deck overlooking the bay. Maximize income by renting all 4 units, or live in the studio or 3-bedroom home while collecting the rent on the other units. The two retail spaces fronting on Bay Walk in the highly trafficked Ocean Beach commercial district, are currently set up as one unit but could be 2 separate storefronts. Unique opportunity with flexible tenancy. Flood Insurance only $4,800 per year!
Watch the video here.
Key Facts
- •Style: Mixed Use
- •Lot Size: 40' X ~159'
- •Lot Sq Ft: 5817
- •Taxes: $2,723
- •VillageTaxes: $11,343
- •Waterview: Yes
- •Waterfront: Yes
- •Waterfront Desc: Bayfront
Listing Information provided courtesy of
Fire Island Sales and Rentals