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$ 1,800,000
Est. payment /mo
New
1360 Montauk HWY Brookhaven, NY 11950
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1069852
Rental Info No
Year Built 2003
Annual Tax Amount $14,100
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Mixed Use
Source onekey2
Property Description
Excellent opportunity to own a fully occupied, income-producing commercial property located at 1360 Montauk Highway in Mastic, NY! Situated along a highly traveled roadway with excellent visibility and exposure, this well-positioned commercial building features four rental units with established tenants, providing immediate rental income from day one. Currently offering a 4.8% capitalization rate, this property presents an attractive opportunity for investors seeking an established income-producing asset. Each unit features separate electric meters and heating systems, offering added convenience and efficiency. Ideally situated in a busy commercial corridor with easy access to major roadways, surrounding businesses, and residential neighborhoods. Whether you're a seasoned investor or looking to expand your commercial real estate portfolio, this fully leased property offers an excellent opportunity to acquire an established investment in a desirable location with consistent rental income. An outstanding opportunity to invest in Long Island commercial real estate!
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Heating Oil
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Phone Available, Water Connected, Trash Collection Private
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Schools
High Schools William Floyd
School District William Floyd
Others
Special Listing Condition None
Listed by Signature Homes of New York • Rachel A. Hujber