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2800 Montauk Hwy 12,046 SF 100% Leased Retail Building Brookhaven, NY 11719 $3,300,000 ($273.95/SF) 5.90% Cap Rate
Investment Highlights
- For Sale: Multi-Building Property in Brookhaven, NY
- Mechanics Shop has 3 Bays
- 2 Acres in Total - Approximately 87,000 SF
- Gas Station has 2 Pumps
- Deli and Gas Station both have 5% Annual Increases in Rent
Executive Summary
American Investment Properties is retained to sell the multi-use property located at 2815 Montauk Hwy, Brookhaven. At this location are 5 buildings consisting of a gas station, a mechanic's shop, a deli, a barn, and a house. Both the deli and the gas station have 5% annual increases in rent and the house rent is month-to-month.
This is a great opportunity located in Brookhaven, NY.
This is a great opportunity located in Brookhaven, NY.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
12,046 SF
Building Class
C
Year Built
1967
Price
$3,300,000
Price Per SF
$273.95
Cap Rate
5.90%
NOI
$194,598
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
14 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
267’ on Montauk
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 0200-877-00-01-00-013-000 | Improvements Assessment | $3,500 |
| Land Assessment | $1,000 | Total Assessment | $4,500 |
Property Taxes
Parcel Number
0200-877-00-01-00-013-000
Land Assessment
$1,000
Improvements Assessment
$3,500
Total Assessment
$4,500
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2800 Montauk Hwy
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