1360 Montauk Highway, Brookhaven, NY, 11950
$1,800,000
activeLot Size
13,068 sqft
Year Built
2003
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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!
Listed by Rachel A. Hujber, Signature Homes of New York
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