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12 Myrtle StMount Sinai, NY 11766

87,000 SF Medical & Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial development opportunity in Mount Sinai, NY, presents two contiguous parcels totaling 8.54 acres within a Planned Development District (PDD). The property boasts preliminary approvals and is strategically located on Route 25A, a major four-lane highway with high traffic volume (40,000+ ADT), just half a mile east of Route 112. Site #1, spanning 4.66 acres, offers projected development of 30,800 square feet of retail space. Site #2, encompassing 3.88 acres, is projected to yield 42,800 square feet of medical office space across two floors, along with an additional 14,600 square feet of retail space including drive-thru capabilities. The development plan includes a new four-way signalized intersection at Route 25A and Myrtle Street, to be constructed by the experienced master developer of the PDD. Public sewer connections are readily available. This prime location benefits from its proximity to major medical facilities, including JT. Mather (Northwell), St. Charles (CHS), and Stony Brook University Hospitals, ensuring strong demographics and high potential for success. The property is zoned J2 Brookhaven/PDD and is sub-dividable, offering flexibility for various development scenarios. This is a rare opportunity to acquire two parcels within a thriving commercial area, poised for significant growth and return on investment. The total buildable square footage is projected to be 87,000 square feet across two buildings.

Highlights

  • Part of a Planned Development District (PDD) with an experienced master developer.
  • Two subdividable parcels.
  • Public sewer connection available.
  • New four-way signalized intersection at Route 25A and Myrtle Street, provided by the master developer.
  • Direct access to a major four-lane highway with over 40,000 ADT.
  • Near JT. Mather (Northwell), St. Charles (CHS), and Stony Brook University Hospitals.

Property Details for 12 Myrtle St

Property type
Retail properties, Office properties
Square Feet
87,000 SF
Buildings
2
Stories
2
Lot Size (sq. ft)
372,002 SF

Location Insight

City
Mount Sinai
County
Suffolk
State
New York
Latitude
40.9323037
Longitude
-73.0295489
12 Myrtle St, Mount Sinai, New York

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12 Myrtle St
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