8-Family Apartment
1550 Montauk Hwy Mastic, NY 11950
1550 Montauk Hwy, Mastic, NY, 11950
Contact for pricing
For Sale
Contact for pricing
Pending
For sale 8-family apartment building with 100% occupancy, separate meters, and ample parking.
Days on Market104
Property Features for 1550 Montauk Hwy
General Information
- Standard status
- Pending
- Property subtype
- Mixed Use
Listing agency
All Island Estates Realty Corporation
Listed by
Matthew Shane · License #NY 10311207810
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 12:00AM Checked: Jul 23 at 12:00AM
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 All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This for-sale 8-family apartment building is offered as 100% occupied with all free-market units. The property includes separate meters, ample parking, and strategically placed curb cuts. An additional 7,841 square foot residential lot is included in the sale.
Located at 1550 Montauk Hwy in Mastic, NY, the building benefits from exposure along a busy Montauk Highway corridor with a stated daily traffic count of over 22,500 cars per day. The property is across the street from Dunkin’ Donuts, with nearby retailers and services including McDonald’s, Walgreens, Burger King, CVS, AutoZone, State Farm, and Domino’s.
Current stated annual income is $173,316 with total expenses of $37,476, resulting in a stated Net Operating Income (NOI) of $135,840. Expense items provided include oil, insurance, electric, maintenance and repairs, taxes, water, and snow plus landscaping.
Located at 1550 Montauk Hwy in Mastic, NY, the building benefits from exposure along a busy Montauk Highway corridor with a stated daily traffic count of over 22,500 cars per day. The property is across the street from Dunkin’ Donuts, with nearby retailers and services including McDonald’s, Walgreens, Burger King, CVS, AutoZone, State Farm, and Domino’s.
Current stated annual income is $173,316 with total expenses of $37,476, resulting in a stated Net Operating Income (NOI) of $135,840. Expense items provided include oil, insurance, electric, maintenance and repairs, taxes, water, and snow plus landscaping.
Key Highlights
- 8‑family apartment building for sale with 100% occupancy (all free market)
- Busy Montauk Highway frontage with daily traffic count over 22,500 cars per day
- Separate meters plus ample parking
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - For sale 8-family apartment building with 100% occupancy, separate meters, and ample parking.
Where is this apartment building located?
The property is located at 1550 Montauk Hwy Mastic, NY.
What are key features of this property?
This property features: 8‑family apartment building for sale with 100% occupancy (all free market); Busy Montauk Highway frontage with daily traffic count over 22,500 cars per day; Separate meters plus ample parking
