38 Old Neck Road S

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38 Old Neck Road S

Brookhaven, NY 11934
Asking Price
$1000K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans 3.81 acres of land in Brookhaven
  • Asset is currently listed for sale at 999,990 dollars
  • Located at 38 Old Neck Road S in New York
  • Property offers flexible development potential for diverse project types
  • Situated within the accessible Long Island suburban market

What's Special

Development potential defines this 3.81-acre parcel situated at 38 Old Neck Road S in Brookhaven, New York. The site offers significant acreage for various construction projects in a region that balances quiet suburban residential settings with accessible infrastructure. Proximity to major local thoroughfares provides connectivity across Long Island, making this an accessible location for developers looking to establish new residential or commercial footprints. Brookhaven remains a staple of the Suffolk County landscape, characterized by steady demand for land development and expansion. Given the size and characteristics of this land, it serves as a flexible asset for investors or developers evaluating long-term holds or immediate project initiation. Whether targeting multi-family residential needs or specialized commercial requirements, the property provides the necessary scale for substantial build-outs within this established market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.405
Annual Cash Flow
$20,631.141

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