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Restaurant with Apartment
For Sale
$1,595,000

3436 Lexington Avenue, Mohegan Lake, NY 10547

Commercial Sale, Mohegan Lake, NY

Property SizeContact for details
Days on Market133

Property Features for 3436 Lexington Avenue

General Information

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

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 23133

Utilities

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

Building Details

Year built 1965
Building materials Advanced Framing Technique
Listing Agency: William Raveis Real Estate
Listed By: Jason Kerwar
Added: Apr 14 Changed: Aug 20 Last Checked: Aug 24 at 4:06PM
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 conventional restaurant property includes a full-service bar, dining space for approximately 100 guests, and an outdoor patio. An approximately two-bedroom apartment occupies the space above the restaurant and is currently leased to a month-to-month tenant. The restaurant itself is subject to a 5 year lease. The property was built in 1965 and includes central air conditioning, oil and natural gas heating, public water, and public sewer.

Positioned right off Route 6 at 3436 Lexington Avenue in Mohegan Lake, the property provides convenient access and prominent roadside exposure. Around 30 parking spaces are located along the rear and side of the property. The combination of restaurant facilities, outdoor seating, an upper-level apartment, and dedicated parking supports continued restaurant use with an additional residential component.

Key Highlights

  • Restaurant dining area accommodates approximately 100 guests
  • Full‑service bar and outdoor patio included
  • Approximately two‑bedroom apartment above the restaurant

Property Analytics

Current Use

Augie's Prime Italian ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 46% Apparel 41% Dining 9% Electronics 4%
ShopRite Groceries
60,320 visits/mo 0.5 miles
Marshalls Apparel
48,892 visits/mo 0.5 miles
Taco Bell Dining
8,222 visits/mo 0.5 miles
Carter's & OshKosh B'gosh Apparel
4,489 visits/mo 0.5 miles
GameStop Electronics
4,359 visits/mo 0.5 miles

Demographics for 10547, NY

7,293
Population
2,956
Households
2.5
Avg Household Size
44
Median Age
52%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
1,488
Density / Sq Mi
$155,295
Median Household Income
$69,058
Median Earnings
$2,363
Median Rent
$479,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service bar, outdoor patio, and on-site parking support a flexible dining operation.
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 dining area accommodates approximately 100 guests; Full‑service bar and outdoor patio included; Approximately two‑bedroom apartment above the restaurant
More about this property
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