1550 Montauk Hwy
Mastic, NY 11950
Multifamily Property For Sale · 8 Units
![1550 Montauk Hwy, Mastic, NY for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/5FTZ1CTz3rGo9Mbt_U64IBQi9PY_uI2_fO5-k9By71M/110/1550-Montauk-Hwy-Mastic-NY-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- Subsidized housing
- Demand for rentals in market
- Close Proximity to Shirley LIRR
PROPERTY FACTS
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.41 AC |
Building Size | 5,800 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1974 |
Parking Ratio | 3.97/1,000 SF |
ABOUT 1550 MONTAUK HWY , MASTIC, NY 11950
Marcus & Millichap is pleased to present 1550 Montauk Highway, Mastic NY. 8-unit multifamily building consisting of 2(one bedroom), 5(two bedrooms), and 1(three bedrooms) each unit is in good/fair condition. The building includes private parking and is separately meter for electric. The tenants are DSS or Section 8. The building is located near the retail corridor of Mastic-Shirley, Public Transportation, Shopping, Entertainment, Smith Point Park & Beach, and Brookhaven Airport. The Forge River Watershed Sewer Project will bring sewer system to the property. New camera system. Young roof, siding, and windows. (80X100 LOT IN THE REAR OF THE PROPERTY INCLUDED IN THE SALE- ZONED J-2).
PROPERTY TAXES
Parcel Number | 0200-824-00-09-00-004-002 | Improvements Assessment | $5,800 |
Land Assessment | $500 | Total Assessment | $6,300 |
Listing ID: 18801257
Date on Market: 3/9/2020
Last Updated:
Address: 1550 Montauk Hwy, Mastic, NY 11950
The Multifamily Property at 1550 Montauk Hwy, Mastic, NY 11950 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.