Property profile

323 Neighborhood Rd Mastic Beach, NY 11951

OFF-MARKET
Specialty properties
850 SF
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Property summary

AI-generated overview

This exceptional 850-square-foot commercial property, located at 323 Neighborhood Road in Mastic Beach, New York, presents a unique investment opportunity. Designated as special purpose land with a commercial subtype, this property features a single suite currently configured as a 16-seat restaurant. The interior has undergone a complete renovation, boasting brand new equipment, making this a turnkey operation for an aspiring restaurateur. The property is situated in Mastic Beach, Suffolk County, NY, zip code 11951, offering convenient access to local amenities and a vibrant community. The multiple tenancy designation suggests potential for expansion or adaptation to other commercial uses, subject to local zoning regulations. This is an ideal opportunity for an individual seeking to establish a business with minimal upfront investment, benefiting from the existing infrastructure and recent renovations. The property's location in Mastic Beach, New York, provides access to a diverse customer base. The 850 square feet of space offers ample room for a restaurant operation or potential conversion to another suitable commercial use. Serious inquiries are encouraged to explore this promising commercial venture. Further details regarding zoning and potential uses are available upon request.

Property profile

Verified
Property type Specialty properties
Total area 850 SF

Cap rate & NOI

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

Location

323 Neighborhood Rd Mastic Beach, NY 11951
Mastic Beach 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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