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    FOR SALE
    Commercial real estate

    1287 Montauk Hwy, Mastic, NY 11950

    0.31 ac lot
    Property ID
    US63-4913521
    1287 Montauk Hwy, Mastic, NY 11950 For Sale
    $749,500
    1287 Montauk Hwy, Mastic, NY 11950
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    Property summary
    AI-generated overview

    This exceptional 0.31-acre commercial land parcel, located at 1287 Montauk Highway in Mastic, New York, presents a remarkable investment opportunity. Priced at $599,000, this property boasts a highly desirable location at a signalized intersection, ensuring excellent visibility and accessibility. Its strategic position adjacent to a popular shopping mall, just two blocks away, further enhances its commercial appeal. The lot offers significant frontage on three sides, and a survey reveals the possibility of subdivision, given a previous building on the site. Zoned for commercial use, this vacant land is ready for development, offering immense potential for a variety of commercial ventures. The property benefits from its placement within the William Floyd School District, providing convenient access to educational facilities. A Walk Score of 75 underscores its convenient location. Municipal sewer and water utilities are readily available, simplifying the development process. This rare opportunity combines prime location, desirable zoning, and significant development potential, making it an ideal investment for discerning buyers. Don't miss this chance to capitalize on the possibilities of this exceptional Mastic, NY property. The zip code is 11950.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.31 ac (13,504 SF)
    UPID US63-4913521
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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