Bank Branch With
For Sale
Contact for pricing
1336 Montauk Hwy, Oakdale, NY 11769
Former banking facility with a multi-lane drive-through along Montauk Highway.
Property Size3,314 SF
Price / SF$286.66
Days on Market1040
Property Features for 1336 Montauk Hwy
General Information
Standard status
Active
Size
3,314 SF
Property subtype
RETAIL
Site & Location
Drive-Thru
Yes
Traffic Count
11,740 vehicles/day
Listing Agency:
Schuckman Realty Inc.
(516) 496-8888
Listed By:
Edward Gottlieb · License #30GO0903547
Source:
Moodyscre
Added: Dec 13, 2023
Changed: Oct 10
Last Checked: Oct 16 at 11:53AM
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.
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Investment Insights
Based on property information with market context.
This 3,314-square-foot property was formerly operated as a bank branch and includes a multi-lane drive-through configuration. The layout and existing drive-through component provide a defined commercial setup for banking-related occupancy or another use supported by the property’s improvements.
The building is located on Montauk Highway in Oakdale, New York. The site records more than 11,740 vehicles passing the location each day, providing measurable exposure along the corridor. The property also offers on-building branding potential facing the highway.
The building is located on Montauk Highway in Oakdale, New York. The site records more than 11,740 vehicles passing the location each day, providing measurable exposure along the corridor. The property also offers on-building branding potential facing the highway.
Key Highlights
- 3,314‑square‑foot former bank branch
- Multi‑lane drive‑through configuration
- Located on Montauk Highway in Oakdale, NY
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,792
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,840
$1.3M
Cap Rate 7%
$925,600
$925.6K
Cap Rate 9%
$719,911
$719.9K
Market Conditions
NOI Build-Up for 3,314 SF
Gross rent
$99.4K $30.00/SF
− Vacancy
−$6.9K −$2.07/SF
EGI
$92.6K $27.93/SF
− OpEx
−$27.8K −$8.38/SF
NOI
$64.8K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,840
Cap Rate 7%
$925,600
Cap Rate 9%
$719,911
Alternative Uses
Best Use
Retail
$925.6K
$809.9K – $1.08M
NOI $64,792 @ 7.0% cap · market cap 6.82%
Second Best
Specialty Retail
$860.8K
$753.2K – $1.00M
NOI $60,257 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$1.01M
$883.4K – $1.18M
NOI $70,672 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
11,740 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Home Improvements & Furnishings 16%
7-Eleven
Shops & Services
8,237 visits/mo
0.2 miles
Valero Energy
Shops & Services
2,213 visits/mo
0.4 miles
Ace Hardware
Home Improvements & Furnishings
1,929 visits/mo
0.1 miles
Demographics for 11769, NY
9,250
Population
3,783
Households
2.4
Avg Household Size
50
Median Age
47%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
2,102
Density / Sq Mi
$128,419
Median Household Income
$60,175
Median Earnings
$2,344
Median Rent
$585,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Bank - Former banking facility with a multi-lane drive-through along Montauk Highway.
Where is this bank located?
The property is located at 1336 Montauk Hwy Oakdale, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,314‑square‑foot former bank branch; Multi‑lane drive‑through configuration; Located on Montauk Highway in Oakdale, NY
