Excellent opportunity to own a fully occupied, income-producing commercial property located at 1360 Montauk Highway in Mastic, NY! Situated along a highly traveled roadway with excellent visibility and exposure, this well-positioned commercial building features four rental units with established tenants, providing immediate rental income from day one. Currently offering a 4.8% capitalization rate, this property presents an attractive opportunity for investors seeking an established income-producing asset. Each unit features separate electric meters and heating systems, offering added convenience and efficiency. Ideally situated in a busy commercial corridor with easy access to major roadways, surrounding businesses, and residential neighborhoods. Whether you're a seasoned investor or looking to expand your commercial real estate portfolio, this fully leased property offers an excellent opportunity to acquire an established investment in a desirable location with consistent rental income. An outstanding opportunity to invest in Long Island commercial real estate!
Listing By
Agency Name: Signature Homes of New York
Agency Contact: 631-909-7200
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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1360 Montauk Highway | MLS# 1069852
This commercial property located at 1360 Montauk Highway , Brookhaven, NY 11950 is currently listed for sale with an asking price of $1,800,000. Montauk Highway is located within the William Floyd school district. Search Brookhaven real estate on www.coldwellbankerchoice.com today.