10,191 sqft

$6,500,000

863 Montauk Highway, Shirley NY, 11967

Price per sqft$637.82

Property size10,191 sqft

Property typeCommercial

Courtesy of All Island Estates Realty Corp, Richard Matt Shane Listing Contact: 516-783-5600

Overview

Active

Listed Jan 14, 2026

Updated 4 weeks ago

Income: Walgreens: $505,000 NNN Ann.; Flat Rent; Lease Exp.: 2036. Gross Income: $505,000 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $505,000 Ann. (7.77 % Cap!!!)

Additional information

MLS^® ID: 951218

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.71 Acres

Other Property Details

Taxes: $40,307
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Richard Connelly shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9:46 PM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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