Automotive Repair
For Sale
$3,000,000
2448 Montauk Highway, Brookhaven, NY 11719
J-2 zoning and an existing-use certificate are part of this established automotive property.
Property Size5,389 SF
Price / SF$556.69
Days on Market130
Property Features for 2448 Montauk Highway
General Information
Standard status
Active
Size
5,389 SF
Property subtype
Commercial
Zoning
J-2
Site & Location
Traffic Count
13,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Automotive Uses
collision/body shop
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$15,223
Building Details
Building Size
5,389 SF
Buildings
1
Listing Agency:
Realty Connect USA L I Inc
(631) 881-5160
Listed By:
William F. Restmeyer CBR PSA
(631) 838-2135
Source:
Croninreale
Added: Jun 17
Changed: Oct 23
Last Checked: Oct 23 at 9:51AM
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 Realty Connect USA L I Inc
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Investment Insights
Based on property information with market context.
An operating auto body repair facility occupies this commercial property, with automotive use dating to before 1973. The site is zoned J-2, and an existing-use certificate may allow a return to gasoline service station operations; the property previously served as a gas station before 1959.
The corner location is at Montauk Highway and South Country Road in Brookhaven. More than 13,000 vehicles pass daily, according to the stated NYS DOT figure.
The corner location is at Montauk Highway and South Country Road in Brookhaven. More than 13,000 vehicles pass daily, according to the stated NYS DOT figure.
Key Highlights
- Operating auto body repair facility with automotive use predating 1973
- J‑2 zoning
- Corner position at Montauk Highway and South Country Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,940
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,098,800
$2.1M
Cap Rate 7%
$1,499,143
$1.5M
Cap Rate 9%
$1,166,000
$1.2M
Market Conditions
NOI Build-Up for 5,389 SF
Gross rent
$157.1K $29.16/SF
− Vacancy
−$7.2K −$1.34/SF
EGI
$149.9K $27.82/SF
− OpEx
−$45.0K −$8.35/SF
NOI
$104.9K $19.47/SF
Area
ZIP 11719
Vacancy
4.60%
Lease Rate
$29.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,098,800
Cap Rate 7%
$1,499,143
Cap Rate 9%
$1,166,000
Alternative Uses
Best Use
Retail
$1.50M
$1.31M – $1.75M
NOI $104,940 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$1.00M
$876.4K – $1.17M
NOI $70,110 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$2.22M
$1.95M – $2.60M
NOI $155,721 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
13,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
7,814 visits/mo
0.1 miles
Mvp Automotive
Shops & Services
1,125 visits/mo
0.2 miles
Demographics for 11719, NY
3,447
Population
1,174
Households
2.9
Avg Household Size
50
Median Age
37%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
650
Density / Sq Mi
$96,638
Median Household Income
$47,548
Median Earnings
$1,987
Median Rent
$564,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Lube-Rite Equipment Co — 349 S Country Rd, Brookhaven, NY 11719
- A&D AutoBody and Mechanical Repair — 2448 montauk hwy, brookhaven, ny 11719
- ROADWAY EXOTIC MOTORS INC — 2515 Montauk Hwy, Brookhaven, NY 11719
- Metro — 2549 Montauk Hwy, Brookhaven, NY 11719
Frequently Asked Questions
What type of property is this?
Auto shop - J-2 zoning and an existing-use certificate are part of this established automotive property.
Where is this auto shop located?
The property is located at 2448 Montauk Highway Brookhaven, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Operating auto body repair facility with automotive use predating 1973; J‑2 zoning; Corner position at Montauk Highway and South Country Road
