62 Montauk Highway, Blue Point, NY 11715
For sale as business goodwill only with a long-term triple-net lease and absentee-operator operation.
- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 6:38 am
Property Features for 62 Montauk Highway
General Information
- Standard status
- Active
- Property subtype
- Retail, Business for Sale
Building Details
- Year Built
- 2015
Listing office Charles Rutenberg Realty Inc Plainview
Listing date Jun 18, 2026
Source Crexi
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 Charles Rutenberg Realty Inc Plainview
HighLights
- Gas station and convenience store business goodwill for sale (real estate not available for sale).
- 15‑year lease in place with $10,000/month rent (currently $11,000, will be reduced); triple‑net—all expenses paid by tenant (real estate taxes included in rent).
- Lease financial terms: refundable security deposit $30,000; refundable BP gas deposit $40,000; key money $275,000.
- Approx. gas volume of 50,000/month with estimated margins: ~0.32¢ regular, ~0.65¢ super, ~0.85¢ diesel.
- Approx. store sales $45,000/month with conservative 30% retention factor; other commissions include lotto (~$4,000/month) plus ATM/vacuum (~$350/month).
- Absentee owner operation with estimated average monthly net of about $12,670 across past few years (2 workers, with one needed per shift).
Overview
The business is located on a busy road in Blue Point, New York (Suffolk County). The lease is described as 15 years with monthly rent of $10,000 under a triple-net structure, stated to be $11,000 currently and reduced to $10,000, with real estate tax included in rent and all other expenses paid by the tenant. The post also references a $30,000 refundable security deposit and additional refundable BP gas deposit of $40,000.
Interested parties should focus on underwriting the ongoing business lease structure and associated operating commitments, as the transaction is specifically not a real estate sale. The seller states there is no seller financing and no sale contingency tied to financing, and that tax returns and profit-and-loss statements will not be provided; instead, documentation related to gas volume and store sales can be made available upon request. Brokers are welcomed, and the seller requests that visitors contact for the address to visit and avoid speaking with workers on site.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Blue Point
- County
- Suffolk
- State
- New York
- Longitude
- -73.037086
- Latitude
- 40.753818