Bldg 2 | 113 Bay Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Bldg 2 113 Bay Ave
5 Unit Apartment Building $2,011,030 CAD ($402,206 CAD/Unit) 8.42% Cap Rate Patchogue, NY 11772
Executive Summary
Newly Renovated (except for 1 apartment that can be renovated prior to closing)
4 Apartments (One 4BR/2 Bath, Three 2BR/1 Bath and One 1BR/1 Bath)
1 commercial units
Private Parking
Low Taxes
3 Buldings, 1 Tax Lot
4 Apartments (One 4BR/2 Bath, Three 2BR/1 Bath and One 1BR/1 Bath)
1 commercial units
Private Parking
Low Taxes
3 Buldings, 1 Tax Lot
Financial Summary (Actual - 2022) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,011,030 CAD | Building Class | C |
| Price Per Unit | $402,206 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 3,500 SF |
| Cap Rate | 8.42% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2023 |
| Property Subtype | Apartment | Parking Ratio | 2.86/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,011,030 CAD |
| Price Per Unit | $402,206 CAD |
| Sale Type | Investment |
| Cap Rate | 8.42% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 3,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2023 |
| Parking Ratio | 2.86/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,765 CAD | 600 - 650 |
| 2+1 | 2 | $3,591 CAD | 650 - 850 |
| 4+2 | 1 | $6,464 CAD | 1,200 |
1 of 1
PROPERTY TAXES
| Parcel Number | 0200-979-30-02-00-039-000 | Total Assessment | $4,166 CAD (2023) |
| Land Assessment | $1,149 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $3,017 CAD (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
0200-979-30-02-00-039-000
Land Assessment
$1,149 CAD (2023)
Improvements Assessment
$3,017 CAD (2023)
Total Assessment
$4,166 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2022
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Bldg 2 | 113 Bay Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.