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1467 Montauk Hwy - 1467 Montauk Highway 0.6 Acres of Commercial Land Offered at $950,000 in Mastic, NY 11950



INVESTMENT HIGHLIGHTS
- ON highway
EXECUTIVE SUMMARY
also open to land lease
A land lease is a contractual agreement where the landowner (lessor) permits another person or entity (lessee) to use their property for a designated purpose and duration. The lease specifies the terms and conditions, including the lease term, rent amount, payment schedule, permitted uses of the land, and any restrictions or responsibilities of each party.
Typically, land leases are common in various contexts such as agricultural farming, commercial developments, mobile home parks, and renewable energy projects. Once the lease expires, the land and any improvements made by the lessee usually revert to the landowner unless renewal terms are agreed upon.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $950,000 | Lot Size | 0.60 AC |
| Price Per AC | $1,583,333.33 |
| Price | $950,000 |
| Price Per AC | $1,583,333.33 |
| Lot Size | 0.60 AC |
0.60 acre lot on Montauk Highway.
DESCRIPTION
Fantastic commercial opportunity on busy Montauk Highway! This vacant 0.55-acre lot is ideally situated next to a thriving car wash and offers exceptional visibility with an average of over 10,000 cars passing daily. Zoned for commercial use, the property allows for the construction of a building up to approximately 4,500 sq. ft., making it perfect for retail, office, restaurant, or service-based businesses. Don’t miss this chance to establish your presence on one of Mastic’s most traveled roads. Open to lease as well A land lease is a contractual agreement where the landowner (lessor) permits another person or entity (lessee) to use their property for a designated purpose and duration. The lease specifies the terms and conditions, including the lease term, rent amount, payment schedule, permitted uses of the land, and any restrictions or responsibilities of each party. Typically, land leases are common in various contexts such as agricultural farming, commercial developments, mobile home parks, and renewable energy projects. Once the lease expires, the land and any improvements made by the lessee usually revert to the landowner unless renewal terms are agreed upon
PROPERTY TAXES
| Parcel Number | 0200-824-00-02-00-024-000 | Improvements Assessment | $0 |
| Land Assessment | $100 | Total Assessment | $100 |
PROPERTY TAXES
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1467 Montauk Hwy - 1467 Montauk Highway
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