21 Old Montauk Hwy, Mastic, NY 11950
This exceptional 5,086-square-foot retail space at 21 Old Montauk Highway in Mastic, Suffolk County, presents a remarkable opportunity for a variety of businesses. Situated on a 0.295-acre lot, the property features a single-tenant building currently in shell condition, offering complete flexibility for build-out to meet specific operational needs. The existing structure provides a blank canvas for customization, allowing for seamless integration of your business design and functionality. Importantly, this property boasts versatile zoning, accommodating a wide range of uses including daycare centers, medical offices, retail establishments, and educational facilities. This adaptability makes it an attractive investment for diverse business ventures. Adding to its appeal, the building has already received approval from the Suffolk County Department of Health (SCDH) for use as a medical office, significantly streamlining the setup process for healthcare providers. This prime location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a strategic presence in a thriving community. The property's potential is further enhanced by its readiness for immediate occupancy and customization, minimizing delays and maximizing return on investment. Don't miss this chance to secure a versatile and strategically located commercial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.