Excellent opportunity to own a fully occupied, income producing commercial property located at 1360 Montauk Highway in Mastic, NY !
1360 Montauk Highway
Brookhaven, NY 11950
Listing
| Web ID: | 5837229 |
|---|---|
| Website: | https://www.nestseekers.com/5837229 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Lot Size: | 0.3 Acres |
Financials
Price:$1,800,000
Annual Taxes:$14,100
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!
Amenities
- Cable Connected
- Electricity Connected
- Phone Available
- Phone Connected
- Trash Collection Private
- Water Connected
Contact
Listing Courtesy of Signature Homes of New York