Nest Seekers

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

Long Island
6243 Northern Blvd
Phone:
adrianl@nestseekers.com
Listing Courtesy of Signature Homes of New York
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