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Bay Avenue Apartments 1600 Bay Ave 9 Unit Mobile Home Park $5,700,000 ($633,333/Unit) East Marion, NY 11939
INVESTMENT HIGHLIGHTS
- Waterfront with Panoramic views
EXECUTIVE SUMMARY
Attention Investors! You've found the perfect investment for those looking to capitalize on this properties Resort Residential Zoning. Enjoy panoramic views of Lake Marion. This 1.5 acre (approx.) property is a short walk to a community beach with views of Peconic Bay.
There are nine rental units on the property as follows:
Six 2 brs. Three of which have 1 bth, three have 2 bth.
Three 1 brs.
All have kitchens which include an electric or gas range. All are heated and have air conditioners.
There are nine rental units on the property as follows:
Six 2 brs. Three of which have 1 bth, three have 2 bth.
Three 1 brs.
All have kitchens which include an electric or gas range. All are heated and have air conditioners.
PROPERTY FACTS
| Price | $5,700,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $633,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.52 AC |
| No. Units | 9 | Building Size | 4,600 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1965 |
| Zoning | RR | ||
| Price | $5,700,000 |
| Price Per Unit | $633,333 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 4,600 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | RR |
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PROPERTY TAXES
| Parcel Number | 1000-031-00-08-00-025-000 | Improvements Assessment | $6,100 |
| Land Assessment | $3,000 | Total Assessment | $9,100 |
PROPERTY TAXES
Parcel Number
1000-031-00-08-00-025-000
Land Assessment
$3,000
Improvements Assessment
$6,100
Total Assessment
$9,100
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Presented by
Colony Realty
Bay Avenue Apartments | 1600 Bay Ave
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