1360 Montauk Highway, Brookhaven, NY 11950
- $1,800,000
- List Price
- $1,800,000
- Days on Market
- 3
- MLS#
- 1069852
- Status
- ACTIVE
- Lot Size
- 13068
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!
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Additional Information
- Year Built
- 2003
- School District
- William Floyd
- High School
- William Floyd High School
- Total Taxes
- 14100
- Heating
- Oil
- Parking
- None
- Basement
- Full
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $14,100
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Listing courtesy of Listing Agent: Rachel A. Hujber (RHujber@SignatureHomesofNY.com) from Listing Office: Signature Homes of New York.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.