Property profile

1029 Montauk Hwy Shirley, NY 11967

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents a unique investment prospect in the thriving Shirley, NY market. Priced at $65,000, this property offers 0 square feet and is categorized as special purpose land. The current use is a well-established barbershop, benefitting from its prime location on Montauk Highway at 1029. The address is 11967, Shirley, Suffolk County, New York. The property boasts ample parking, a significant advantage for attracting and retaining customers. Its strategic placement within a bustling commercial area ensures high visibility and consistent foot traffic, contributing to a strong income stream for the existing business. The property's location is further enhanced by its proximity to various other businesses, creating a synergistic environment that drives customer volume. This presents a rare chance to acquire a well-positioned commercial property with proven income potential, ideal for either continuing the existing barbershop operation or developing alternative commercial ventures. The property's latitude and longitude coordinates are 40.8030645 and -72.8588635 respectively. This is a turnkey opportunity for an astute investor seeking a profitable venture in a high-traffic area. The sale includes only the business

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1029 Montauk Hwy Shirley, NY 11967
Shirley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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