Freestanding Retail
For Sale
Contact for pricing
648 Montauk Hwy, Copiague, NY 11726
Freestanding retail building with approximately 20-car private parking lot and strong visibility along Montauk Highway.
Property Size4,260 SF
Price / SF$305.16
Days on Market167
Property Features for 648 Montauk Hwy
General Information
Standard status
Active
Size
4,260 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
E BUSINESS
Investment Type
Owner/User
Building Details
Year Built
1960
Listing Agency:
Berkshire Hathaway Commercial Services | Laffey International Realty
Listed By:
Frank S. Mannino · License #NY 10401361647
Source:
Crexi
Added: May 7
Changed: Oct 9
Last Checked: Oct 20 at 5:44PM
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 Berkshire Hathaway Commercial Services | Laffey International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial building offers a well-maintained 4,260 SF retail layout and includes a private parking lot with space for approximately 20 cars. The property is currently occupied by a boutique dress shop (tenant since 2018), and will be delivered vacant upon sale.
Set in the hamlet of Copiague in the Town of Babylon, the building benefits from visibility from both directions on Montauk Highway and convenient access to the dedicated parking area.
The property is suited for a range of retail business uses, with the existing storefront configuration supported by on-site parking and straightforward highway frontage access.
Set in the hamlet of Copiague in the Town of Babylon, the building benefits from visibility from both directions on Montauk Highway and convenient access to the dedicated parking area.
The property is suited for a range of retail business uses, with the existing storefront configuration supported by on-site parking and straightforward highway frontage access.
Key Highlights
- 4,260 SF freestanding commercial building built in 1960
- Private parking lot with space for approximately 20 cars
- Excellent visibility from both directions on Montauk Highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,287
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,665,740
$1.7M
Cap Rate 7%
$1,189,814
$1.2M
Cap Rate 9%
$925,411
$925.4K
Market Conditions
NOI Build-Up for 4,260 SF
Gross rent
$127.8K $30.00/SF
− Vacancy
−$8.8K −$2.07/SF
EGI
$119.0K $27.93/SF
− OpEx
−$35.7K −$8.38/SF
NOI
$83.3K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,665,740
Cap Rate 7%
$1,189,814
Cap Rate 9%
$925,411
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,287 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,846 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11726, NY
20,763
Population
6,492
Households
3.2
Avg Household Size
39
Median Age
26%
College-Educated
84%
High-School Grad
2.5 sq mi
ZIP Area
8,305
Density / Sq Mi
$125,691
Median Household Income
$42,637
Median Earnings
$1,913
Median Rent
$451,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Stop & Shop Florist — 351 Merrick Rd, Amityville, NY 11701
- Ours 2 Yours — 720 Montauk Hwy, Copiague, NY 11726
- Jimmy and Cara’s Florist Services Inc
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building with approximately 20-car private parking lot and strong visibility along Montauk Highway.
Where is this storefront property located?
The property is located at 648 Montauk Hwy Copiague, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,260 SF freestanding commercial building built in 1960; Private parking lot with space for approximately 20 cars; Excellent visibility from both directions on Montauk Highway
