Property profile

323 Neighborhood Rd Mastic Beach, NY 11951

OFF-MARKET
Specialty properties
850 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 323 Neighborhood Road in Mastic Beach, New York, presents a unique investment opportunity. The 4,792 square foot lot features a fully renovated 850 square foot building, previously configured as a 16-seat restaurant. The interior boasts brand new equipment, ready for immediate occupancy or customization to suit a variety of commercial uses. The property is situated in Suffolk County, NY, zip code 11951, offering convenient access to local amenities and transportation. The asking price is $500,000. This is a vacant property, presenting a blank canvas for an entrepreneur or investor seeking a prime location in a thriving community. The property's size and location make it ideal for a range of commercial ventures, from a restaurant or retail space to a small office or professional services business. The existing infrastructure provides a solid foundation for immediate operation, minimizing upfront costs and maximizing return on investment. This is a rare opportunity to acquire a fully renovated commercial space on a sizable lot in a desirable location. Don't miss out on this chance to establish your business in a vibrant and growing market.

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
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 323 Neighborhood Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message