1821 E Main St | Mohegan Lake, NY 10547
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1821 E Main St
Mohegan Lake, NY 10547
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,108 SF
Building Class
B
Year Built
2009
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.16
Lot Size
1.00 AC
Zoning
C2 - Commercial Retail
Parking
52 Spaces (7.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Restaurant
- Signalized Intersection
- Tenant Controlled HVAC
About 1821 E Main St , Mohegan Lake, NY 10547
Unique investment opportunity to own half of the corporation that owns this development site, or to own in its entirety. The property cash flows as is ( 4.5% Cap Rate) with approvals for 4 residential units on 2nd floor and to build another mixed use commercial building on property with 3 commercial and 3 residential units. The construction costs to finalize estimated between $800,000 and $1,000,000. When finalized, the building will be worth $4,226,000 at a 7% Cap Rate.
PROPERTY TAXES
| Parcel Number | 5400-015-016-00001-000-0032 | Improvements Assessment | $18,300 |
| Land Assessment | $9,200 | Total Assessment | $27,500 |
PROPERTY TAXES
Parcel Number
5400-015-016-00001-000-0032
Land Assessment
$9,200
Improvements Assessment
$18,300
Total Assessment
$27,500
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