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210-230 Montauk Hwy

23,000 SF Vacant Retail Building Moriches, NY 11955 $3,500,000 ($152/SF) 14.20% Cap Rate

Investment Highlights

  • Calling All Developers, Investors & End-Users!!! 81,000 Sqft. Commercial Property For Sale!!!
  • Neighbors Include King Kullen, McDonald's, CVS, Wendy's, Stop & Shop, Subway, Lidl, 7-Eleven, +++!!!
  • Strong J-2 Zoning!!! Uses Include Retail, Restaurant, Daycare, Pharmacy, Veterinarian, Health Club, +++!!!
  • The Property Features Excellent Signage, Great Exposure, Strong J-2 Zoning, Over 250' Of Frontage, +++!!!
  • Neighbors Also Include Kohl’s, Marshall's, Michael's, Five Below, Verizon, Dunkin', Applebee's, +++!!!
  • This Could Be Your Next Development Site/ The Next Home For Your Business!!!

Executive Summary

Calling All Developers, Investors & End-Users!!! 81,000 Sqft. J-2 Commercial Property For Sale!!! Excellent Signage, Great Exposure, Curb Cuts, High Traffic Count, Over 250' Of Frontage, +++!!! Neighbors Include King Kullen, McDonald's, CVS, Wendy's, Stop & Shop, Subway, Lidl, 7-Eleven, Kohl's, Marshall's, Michael's, Five Below, Verizon, Dunkin', Applebee's, AutoZone, Famous Footwear, +++!!! This Could Be Your Next Development Site/ The Next Home For Your Business!!!

Financial Summary (Pro forma - 2023)

Annual Annual Per SF
Gross Rental Income $625,000 $27.17
Other Income - -
Vacancy Loss - -
Effective Gross Income $625,000 $27.17
Net Operating Income - -

Financial Summary (Pro forma - 2023)

Gross Rental Income
Annual $625,000
Annual Per SF $27.17
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $625,000
Annual Per SF $27.17
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
23,000 SF
Building Class
B
Year Built
2025
Construction Status
Proposed
Price
$3,500,000
Price Per SF
$152
Cap Rate
14.20%
NOI
$497,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Land Acres
1.86 AC
Zoning
J-2
Parking
42 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
250 FT on Montauk Highway

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Signage
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,000-23,000 SF
  • Retail
  • -
  • 120 Days

Calling All Developers, Investors & End-Users!!! 81,000 Sqft. J-2 Commercial Property For Lease!!! The Property Features Excellent Signage, Great Exposure, Strong J-2 Zoning, Over 250' Of Frontage On Busy Montauk Highway, +++!!! Neighbors Include King Kullen, McDonald's, CVS, Wendy's, Stop & Shop, Subway, Lidl, 7-Eleven, Kohl's, Marshall's, Michael's, Five Below, Verizon, Dunkin', Applebee's, AutoZone, Famous Footwear, +++!!! This Could Be Your Next Development Site/ The Next Home For Your Business!!!

Space Size Space Use Position Available
1st Floor 3,000-23,000 SF Retail - 120 Days

1st Floor

Size
3,000-23,000 SF
Space Use
Retail
Position
-
Available
120 Days

1st Floor

Size 3,000-23,000 SF
Space Use Retail
Position -
Available 120 Days

Calling All Developers, Investors & End-Users!!! 81,000 Sqft. J-2 Commercial Property For Lease!!! The Property Features Excellent Signage, Great Exposure, Strong J-2 Zoning, Over 250' Of Frontage On Busy Montauk Highway, +++!!! Neighbors Include King Kullen, McDonald's, CVS, Wendy's, Stop & Shop, Subway, Lidl, 7-Eleven, Kohl's, Marshall's, Michael's, Five Below, Verizon, Dunkin', Applebee's, AutoZone, Famous Footwear, +++!!! This Could Be Your Next Development Site/ The Next Home For Your Business!!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0200-826-00-02-00-005-005
Land Assessment
$400
Improvements Assessment
$0
Total Assessment
$400
  • Listing ID: 27941873

  • Date on Market: 3/10/2023

  • Last Updated:

  • Address: 210-230 Montauk Hwy, Moriches, NY 11955

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