Restaurant with On-Site Apartment

3436 Lexington Avenue Mohegan Lake, NY 10547

Claim this Listing
For Sale
$1,595,000

SINGLE_FAMILY - Mohegan Lake, NY

Type:Retail
Added:
Apr 14, 2026
Days on Market:
88
Last Refresh:
Jul 10 at 11:06 am

Property Features for 3436 Lexington Avenue

General Information

Property type
Residential
Property subtype
Retail
Rooms
Basement
Parking
30
Basement
Full, Finished
Standard status
Active
APN
55540001501900010250000000

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
23133

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Oil
Cooling system
Central Air
Water source
Public

Building Details

Year built
1965
Building materials
Advanced Framing Technique

Listing agent Jason Kerwar

Listing office William Raveis Real Estate 1820 Commerce St., Somers, NY

Listing date Apr 14, 2026

MLS# 984261

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property includes a restaurant with a full-service bar and outdoor patio, with seating capacity for approximately 100 guests. The restaurant is currently under a five-year lease and generates $8,000 per month in rental income. Ample customer parking is available with approximately 30 spaces located at the rear and side of the property.

The restaurant is positioned right off Route 6, providing visibility and accessibility for customers.

Above the restaurant is a spacious two-bedroom apartment that is currently occupied by a month-to-month tenant, generating $3,000 per month in rental income. The combination of leased restaurant income and an occupied residential unit provides built-in revenue for an owner-operator or investor.

Key Highlights

  • Restaurant generates $8,000/month rental income under a 5‑year lease
  • On‑site full‑service bar and guest capacity of approximately 100
  • Two‑bedroom apartment above the restaurant is month‑to‑month tenant generating $3,000/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Augie's Prime Italian ... Restaurant

Suggested Use

Real Estate Agency Law Firm Kitchen & Bath Showroom Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Storage Facility Big Box & Wholesale Store Daycare Center

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

FAQs

What type of property is this?
Conventional restaurant - Restaurant includes a full-service bar and outdoor patio, with approximately 30 customer parking spaces and income-producing apartment above.
Where is this conventional restaurant located?
The property is located at 3436 Lexington Avenue Mohegan Lake, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Restaurant generates $8,000/month rental income under a 5‑year lease; On‑site full‑service bar and guest capacity of approximately 100; Two‑bedroom apartment above the restaurant is month‑to‑month tenant generating $3,000/month
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