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1512-1530 Montauk Hwy
Mastic, NY 11950

Land For Sale · 2.51 AC

INVESTMENT HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! This Could Be Your Next Development Site/ Location!!!
  • The Property Offers Great Exposure, Excellent Signage, Separate Meters, Ample Parking, Strategically Placed Curb Cuts, +++!!!
  • Neighbors Included McDonald’s, Walgreens, Burger King, CVS, AutoZone, State Farm, Dominos, +++!!!
  • Huge 15 Parcel, 10 Unit Corner To Corner Mixed-Use 2.84 Acre (123,709 Sqft.) Development Site For Sale!!!
  • The Property Features A Car Dealership, Smoke Shop, 6 Houses, A 4 Car Garage, A 2 Car Garage & 7 Additional Lots
  • This Portion Of Montauk Highway Haw A Daily Traffic Count Of Over 22,500 Cars Per Day!!! This Could Be Your Next Development Site/ Location!!!

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 2.51 AC

DESCRIPTION

Calling All Investors, Developers & End-Users!!! Huge 15 Parcel, 10 Unit Corner To Corner Mixed-Use 2.84 Acre (123,709 Sqft.) Development Site For Sale!!! Located On Busy Montauk Highway. The Property Offers Great Exposure, Excellent Signage, Separate Meters, Ample Parking, Strategically Placed Curb Cuts, +++!!! The Property Features A Car Dealership, Smoke Shop, 6 Houses, A 4 Car Garage, A 2 Car Garage & 7 Additional Lots Of Which 5 Of The 7 Lots Are Buildable According To The Owner. The Property Offers 527’ Of Frontage On Busy Montauk Highway, 595’ Of Frontage On Classon Avenue, 522’ Of Frontage On Pershing Street & 178’ Of Frontage On Denton Place. The Property Is Located Across The Street From Dunkin’ Donuts. Neighbors Included McDonald’s, Walgreens, Burger King, CVS, AutoZone, State Farm, Dominos, +++!!! This Portion Of Montauk Highway Haw A Daily Traffic Count Of Over 22,500 Cars Per Day!!! 5 Corner Lots Are Included In This Sale. All Roofs Were Redone Within The Past 10 Years. All Units Are Rented M-M. The Owner Hasn’t Raised The Rents In Years. Many Tenants Have Been Here For Over 20 Years; One Has Been Here Over 35 Years!!! The Property Can Be Delivered Vacant If Need Be. Included In The Sale: 1512 Montauk Highway, 1518 Montauk Highway, 1528 Montauk Highway, 1530 Montauk Highway, 1540 Montauk Highway, 11 Pershing Street, 15 Classon Avenue, 17 Classon Avenue, 27 Classon Avenue + 7 Additional Lots. This Could Be Your Next Development Site/ Location!!! Expenses: Gas: $0 Oil: $0 Electric: $0 Taxes: $58,132 Insurance: $4,527 Maintenance & Repairs: $250 Water: $0 Total Expenses: $62,909 1518 Montauk Highway: 4 Br House (2,500 Sqft.) 2 Car Garage: (527 Sqft.) 1528 Montauk Highway: 2 Bedroom House (950 Sqft.) 1530 Montauk Highway: Smoke Shop (800 Sqft.) 1540 Montauk Highway: Car Lot (400 Sqft.) 11 Pershing Street: 1 Br House (850 Sqft.) 4 Car Garage (1,800 Sqft.) 15 Classon Avenue: 2 Br House (1,200 Sqft.) 17 Classon Avenue: 3 Br House (2,500 Sqft.) 27 Classon Avenue: 2 Br House (1,200 Sqft.)

PROPERTY TAXES

ZONING

Zoning Code J-2 and A-1
  • Listing ID: 21141766

  • Date on Market: 10/5/2020

  • Last Updated:

  • Address: 1512-1530 Montauk Hwy, Mastic, NY 11950