$ 1,800,000
-
$1,800,000
Price -
0.3
Acre
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About the Listing RHUJ01 - 125109
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!
Listing Highlights for 1360 Montauk Hwy
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Oil
- Fireplaces:
- Floor:
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others: Updated/Remodeled
- Sewer: Public Sewer
Financial Details
- Tax Amount: $14,100
- Taxes w/Assessments: N/A
- Tax/Property ID: 0200-852.00-05.00-005.001
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1360 Montauk Hwy Brookhaven, NY 11950
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