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3080 Lexington Ave
Mohegan Lake, NY 10547

Lexington Avenue Plaza · Retail Property For Sale

Executive Summary

Prime Mixed-Use Investment Opportunity:
This fully occupied mixed-use building presents a rare opportunity for investors seeking a stable, high-performing asset. Offering a competitive 6.3% capitalization rate, this property is ideal for a 1031 exchange, allowing for the deferral of capital gains while securing consistent cash flow.
The property is well-maintained and fully leased, ensuring immediate income with minimal management demands. Its diversified tenant base mitigates risk, providing a strong foundation for both long-term appreciation and steady rental income growth.
This is a perfect acquisition for an investor looking to maximize returns in a high-demand market. Don’t miss this opportunity to invest in a thriving asset with strong financial performance.
For More Information Contact:
Ken Lefkowitz
Real Estate Salesperson, Houlihan Lawrence Commercial
(914) 798-4900 (p) | (914) 420-5550 (m)
klefkowitz@houlihanlawrence.com

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,576 SF
Building Class
C
Year Built
2000
Price
$850,000
Price Per SF
$539
Cap Rate
6.30%
NOI
$53,550
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.12 AC
Parking
12 Spaces (7.61 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2289-024-015-00001-000-0006
Land Assessment
$425
Improvements Assessment
$7,000
Total Assessment
$7,425
  • Listing ID: 33436326

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 3080 Lexington Ave, Mohegan Lake, NY 10547

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