Bohemia, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bohemia, New York Market population: 11K. Explore income-producing properties with verified cap rates and...

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📊 Average Cap Rate For Bohemia NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Bohemia NY Properties: 2.3500%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

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Investor Questions For Bohemia NY

Common questions from investors exploring commercial real estate in Bohemia NY.

What is the overall investment potential of Bohemia, NY, considering its demographic and economic factors? +

Bohemia, NY, with its median household income of $90,996 and a relatively low poverty rate of 6.7%, presents a stable investment market. The high health insurance coverage rate of 97.0% and average commute time of 28.9 minutes also indicate a reliable and employed population, making it an attractive location for real estate investment.

How does the ethnic diversity and industry landscape of Bohemia, NY, impact the demand for real estate? +

The diverse ethnic landscape, with top ethnicities including White (46.8%), White Non-Hispanic (43.9%), and Hispanic (5.0%), combined with top industries like Finance & Insurance, Real Estate & Rental & Leasing, and Public Administration, suggests a strong and varied demand for real estate. This diversity, along with a foreign-born rate of 14.1%, can lead to a vibrant and dynamic community.

What are the implications of the commute methods and health insurance coverage on the quality of life and tenant stability in Bohemia, NY? +

The primary commute methods, such as Drove Alone (83.2%), Carpooled (8.5%), and Public Transit (4.2%), along with an average commute time of 28.9 minutes, indicate a well-connected and accessible location. Coupled with a high health insurance coverage rate of 97.0%, this suggests a high quality of life and potential for stable, long-term tenants, which is beneficial for real estate investors.

How do the economic indicators, such as the GINI coefficient and poverty rate, influence the real estate market in Bohemia, NY? +

The GINI coefficient of 0.381 and a poverty rate of 6.7% in Bohemia, NY, suggest a relatively equitable distribution of income and a low level of poverty. These factors, combined with a median household income of $90,996, indicate a stable and potentially growing real estate market, as there is a sizable middle class with the means to invest in or rent properties.

What role do the median property value and property taxes play in assessing the investment potential of Bohemia, NY? +

The median property value of $409,100 and median property taxes of $2,901 in Bohemia, NY, are significant factors in assessing investment potential. These values, considered alongside the high homeownership rate of 79.0% and the stable economic indicators, suggest that while the initial investment may be substantial, the potential for long-term appreciation and rental income is promising, making Bohemia an attractive location for real estate investment.

Bohemia NY Real Estate & City Facts

Key facts and real estate information about Bohemia NY.

What are some of the best neighborhoods to live in Bohemia? +

Some of the best neighborhoods to live in Bohemia include Oakdale and Sayville, which offer a great area with tons of parks, restaurants, and things to do. According to Niche.com, Bohemia is also one of the most diverse suburbs in New York and has some of the best public schools in the state.

What are some fun things to do in Bohemia? +

There are plenty of fun things to do in Bohemia, including visiting the Connetquot River State Park Preserve, which offers hiking, fishing, and bird watching, as well as the Yard Sale Depot and the Bohemia Historical Society. You can also check out the top activities on Eventbrite, such as the Twilight Hikers Special at Connetquot River State Park Preserve.

What is the food scene like in Bohemia? +

The food scene in Bohemia is diverse and offers a range of options, including Italian, American, and Chinese cuisine. Some top-rated restaurants in the area include Anthony's Coal Fired Pizza & Wings, Saviano's Pizzeria & Restaurant, and Buona Fortuna Pizza Inc. There are also plenty of great food trucks and local eateries to try.

What are the pros and cons of living in Bohemia? +

The pros of living in Bohemia include its diverse community, good public schools, and plenty of things to do and see. However, some cons include the potential for traffic and congestion, as well as the higher cost of living in the area. According to Data USA, the median property value in Bohemia is $409,100, and the median household income is $90,996.

Is Bohemia a good place to live? +

Overall, Bohemia is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its diverse community, good schools, and plenty of things to do, it's an ideal location for families, young professionals, and anyone looking for a welcoming and vibrant community. However, as with any place, there are pros and cons to consider, and it's worth doing your research and visiting the area to see if it's the right fit for you.

Bohemia, NY Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Average Cap Rate For Bohemia NY Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For Bohemia NY Properties: 2.3500%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For Bohemia NY

Bohemia NY Real Estate & City Facts

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