1590 Montauk HwyMastic, NY 11950

Property Details for 1590 Montauk Hwy

Lot size

0.12 AC

Property type

Investment properties

Property subtype

Retail residential properties

APN

0200-824.00-10.00-001.000

APU

200824001000001000

Description

This exceptional 1.3-acre mixed-use property at 1590 Montauk Highway in Mastic, NY, presents a rare investment opportunity. Boasting a prime location at a four-way traffic light intersection, this site offers unparalleled visibility and accessibility. The property features approximately 200 feet of frontage along Montauk Highway, ensuring significant exposure to high traffic volume. The seller is open to flexible financing options, including a potential 20-year mortgage at market rate or a land lease agreement. The property is comprised of five buildable lots, but will be sold as a single parcel. The site's potential is further enhanced by the imminent arrival of sewer lines, significantly expanding development possibilities. Preliminary assessments suggest potential uses such as a convenience store (e.g., 7-Eleven) or a restaurant with seating for approximately 125 patrons. All four sides of the property offer street accessibility, providing ample opportunities for loading, unloading, and customer access. This is a unique chance to acquire a substantial commercial parcel in a thriving location with flexible financing terms. The property is being offered at $2,419,999.

Location Insight

City

Mastic

County

Suffolk

State

New York

Latitude

40.8063

Longitude

-72.8406

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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