1336 Montauk Hwy, Oakdale, NY
Former bank branch with drive-thru and high visibility.
- Added:
- Dec 13, 2023
- Days on Market:
- 927
- Last Refresh:
- May 20 at 9:25 pm
Property Features for 1336 Montauk Hwy
General Information
- Standard status
- Active
- Size
- 3,314 SF
- Lot size
- 0.75 Acres
- Property subtype
- RETAIL
Listing office Schuckman Realty Inc. (516) 496-8888
Listing date Dec 13, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Schuckman Realty Inc.
HighLights
- Multi‑lane drive‑thru
- High visibility location on Montauk Highway
- High traffic count: 11,740+ vehicles per day
- Former Webster bank branch
- Branding opportunity
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.4k | $30.00 |
| − Vacancy | −$6.9k | −$2.07 |
| EGI | $92.6k | $27.93 |
| − OpEx | −$27.8k | −$8.38 |
| NOI | $64.8k | $19.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakdale
- County
- Suffolk
- State
- New York
- Longitude
- -73.1351
- Latitude
- 40.7432
