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Property profile & analytics
OFF-MARKET
Mixed-use properties

1540 Montauk Hwy Mastic, NY 11950

16,117 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a vacant, 16,117 square foot mixed-use property situated on a highly desirable corner lot at 1540 Montauk Highway in Mastic, New York, zip code 11950. The property is currently vacant, offering a blank canvas for a wide range of commercial ventures. The asking price is $950,000, translating to a price per square foot of $58.94. The property's zoning is designated as J-2, allowing for diverse development possibilities. Located in Suffolk County, this prime corner lot boasts excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's size and location present a unique opportunity for developers or investors looking to capitalize on the growing commercial market in Mastic. Given its vacant status, this property offers complete flexibility in terms of design and build-out, allowing for customization to suit specific business needs. The latitude and longitude coordinates are 40.8059613 and -72.8432974 respectively. This is a rare chance to acquire a substantial commercial property in a thriving area. Serious inquiries are encouraged.

Property profile
Verified
Property type Mixed-use properties
Total area 16,117 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Chester's Auto Sales Car Dealership
  • Prestige One Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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