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    Property profile & analytics
    FOR SALE
    Commercial real estate

    21 Old Montauk Hwy, Mastic, NY 11950

    0.3 ac lot
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-4913164
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.3 ac (13,068 SF)
    APN 0200-824.00-06.00-027.000
    UPID US63-4913164
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    21 Old Montauk LLC · 2 yrs held
    21 Old Montauk LLC
    since 2024
    Last sale
    $400,000
    7 recorded transactions
    2024
    $400,000
    2023
    2019
    $380,000
    2006
    2005
    2005
    $160,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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