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2448 Montauk Highway
Brookhaven, NY 11719
Asking Price
$3.00M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.49 acres <p><span style="color: rgba(6, 34, 57, 1)">Based on the zoning, existing use rights, traffic exposure, and the demographic profile, this property appears to be far more attractive to service-oriented, convenience-based, destination retail, and specialty food operators than traditional big-box retailers.</span></p><p><span style="color: rgba(6, 34, 57, 1)">The combination of:</span></p><ul><li><span style="color: rgba(6, 34, 57, 1)">Prime corner visibility at the convergence of Montauk Highway a
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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358
