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1540 Montauk Hwy 463 SF 100% Leased Retail Building Mastic, NY 11950 $850,000 ($1,835.85/SF) 6.61% Cap Rate


EXECUTIVE SUMMARY
Two tenants in place. Mixed use commercial/residential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
463 SF
Building Class
C
Year Built
1800
Price
$850,000
Price Per SF
$1,835.85
Cap Rate
6.61%
NOI
$56,160
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
0.41 AC
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
35’ on Montauk Hwy
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0200-824-00-09-00-001-000 | Improvements Assessment | $500 |
| Land Assessment | $1,120 | Total Assessment | $1,620 |
PROPERTY TAXES
Parcel Number
0200-824-00-09-00-001-000
Land Assessment
$1,120
Improvements Assessment
$500
Total Assessment
$1,620
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1540 Montauk Hwy
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