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Financial
Distress signals
Property profile

1197 Montauk Hwy Mastic, NY 11950

FOR LEASE
Other investment properties
Property ID
US63-4497307
0.14 ac lot
Last sale Mar 2024 · $880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a medical-office/retail mixed-use building constructed in 2020, containing a first-floor corner unit at 1197 Montauk Hwy, Unit 1, in Mastic, NY 11950. The building footprint is approximately 2,494 square feet and sits on a corner lot with frontage on Main St. The unit is configured for use in medical and similar service categories, and it is described as suitable for medical use, beauty salon, physical therapy, office, and certain food-and-beverage retail uses including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$4k
Assessed land$400
Assessed improvement$3k

Value estimate

· Oct 2026
$880k
$792k – $968k
AI approach$880k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$13k
Operating expenses−$14k
NOI · 857.70% cap applied$43k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$301/SF
County average, outlier-cleaned · 205 recorded sales of this use type
Observed band · Q1–Q3$200 – $462

Cap rate analysis

How does the asset earn?
857.70%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.2
Law Firm24.8
Dental Office15.6

Location

1197 Montauk Hwy Mastic, NY 11950
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1175 Montauk, Mastic, NY 11950-2918 $1,300,000 Apr 2025 No data
1530 Montauk, Mastic, NY 11950-2909 $450,000 Feb 2024 No data
1636 Montauk, Mastic, NY 11950-3016 $950,000 Feb 2023 No data
Montauk, Mastic, NY 11950 $117,921 Jan 2023 No data
16 Herkimer, Mastic, NY 11950-3320 $449,000 Dec 2022 No data
1182 Montauk, Mastic, NY 11950-2923 $820,000 Feb 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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