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    1540 Montauk Hwy Mastic, NY 11950

    Sponsored
    For Sale
    $850,000

    High-traffic location, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, situated at 1540 Montauk Highway in Mastic, New York, presents a rare investment opportunity. Boasting a prime location on the bustling Montauk Highway, this property offers significant potential for both commercial and residential ventures. The property's current configuration allows for flexibility

    Property Features for 1540 Montauk Hwy

    General Information

    Property type
    Mixed-use properties
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Truck Rental Agency Chester's Auto Sales Motor Vehicle Dealer Prestige One Auto ... Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mastic
    County
    Suffolk County
    State
    New York
    Longitude
    -72.84314
    Latitude
    40.80573

    Nearby Comparable

    • $850,000

      Mixed-Use Property on Montauk Highway

      Commercial/Residential mixed-use property in prime location on Montauk Highway.
      1540 Montauk Hwy, Mastic, NY 11950
      View Details
    • Contact for pricing
      1 SF

      Prime Retail Land on Main

      Retail land with great visibility on Main Street.
      1451 Montauk Hwy, Mastic, NY 11950
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    • $950,000
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      Prime Commercial Land on Montauk

      0.55-acre commercial lot on Montauk Highway, high visibility.
      1467 Montauk Hwy, Mastic, NY 11950
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    • $950,000
      5,086 SF

      Versatile Property with Approvals Secured

      Adaptable property suitable for various uses with existing approvals.
      21 Old Montauk Hwy, Mastic, NY 11950
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    • $65,000

      Flat Corner Lot Available

      Buildable flat corner lot with utilities available in Mastic.
      Carlton Ave, Mastic, NY 11950
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    • $1,750,000

      Office/Retail Building on Montauk Highway

      High-traffic location with four rentable spaces and ample parking.
      1360 Montauk Hwy, Mastic, NY 11950
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    • $949,999
      0.31 Acres

      Mastic Commercial Land For Sale

      Commercial land parcel in Mastic, NY, with broad use permission.
      1287 Montauk Hwy, Mastic, NY 11950
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    • $220,000

      Large Land Parcel For Sale

      Sizeable property suitable for commercial or residential development.
      8 William Floyd Pkwy, Mastic, NY 11950
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    • $499,000

      Shovel Ready Commercial Site

      Commercial site ready for a two-story building.
      1397 Montauk Hwy, Mastic, NY 11950
      View Details

    Nearby Similar for Sale

    • $950,000
      5,086 SF

      Versatile Property with Approvals Secured

      Adaptable property suitable for various uses with existing approvals.
      21 Old Montauk Hwy, Mastic, NY 11950
      View Details
    • $1,750,000

      Office/Retail Building on Montauk Highway

      High-traffic location with four rentable spaces and ample parking.
      1360 Montauk Hwy, Mastic, NY 11950
      View Details
    • $850,000

      Mixed-Use Property on Montauk Highway

      Commercial/Residential mixed-use property in prime location on Montauk Highway.
      1540 Montauk Hwy, Mastic, NY 11950
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, investment opportunity.
    Where is this mixed-use property located?
    The property is located at 1540 Montauk Hwy Mastic, NY.
    What is the asking price?
    The asking price for this property is $850,000.
    (631) 499-9191
    Request Owner's contact information
    1540 Montauk Hwy Mastic, NY 11950
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    Mastic, NY 11950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1540 Montauk Hwy Mastic, NY 11950
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