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For SaleLuxury

$1,950,000

189 days on market

3432 Lexington Avenue

Mohegan Lake, NY 10547

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1930

Built

Listing narrative

Description

Multi-Use Property with Brand New Restaurant & Strong Rental Income ($8,000/month)! Incredible opportunity to own a versatile multi-use building featuring a brand new, fully installed restaurant that has never been used - ready for immediate operation or customization to your concept. The property also includes three residential units generating solid income: 3-bedroom unit: $2,800/month, 2-bedroom unit: $1,700/month, attic apartment: $1,400/month, all with separate electric meters. All tenants are currently on month-to-month leases, offering flexibility for future adjustments or redevelopment. Ideal for investors or owner-operators looking to run a business while benefiting from multiple income streams. This property combines turnkey commercial space with reliable residential rental potential.

Listing agent (MLS): Jason Kerwar · Listing brokerage (MLS): William Raveis Real Estate

Property Details

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Price

$1,950,000

Beds

Beds n/a

Type

Commercial

Home Size

Sqft n/a

Baths

Baths n/a

Year

1930

Status

For Sale

Days on Market

189

· 8% down, 7% APR, 30yr fixed
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Courtesy of William Raveis Real Estate

3432 Lexington Avenue, Mohegan Lake | Keller New York