Industrial Property with Office/Shop & Outside Storage, 4.17 Acres. An exceptional opportunity to own a versatile industrial property with 2 buildings (10,000 sq ft +) approved outside storage in a prime Speonk location, just north of Montauk Highway. This site offers ample space for a variety of commercial uses and is ideal for contractors, logistics, or service-based operations. See images for Commercial zoning and uses. Property comes with a cell tower land lease and an offer by the existing tenancy of $1,150,000 if the new buyer should wish to pursue that. Minutes to Sunrise Highway, with easy access to the Hamptons, Long Island, and major transportation routes. Whether you're expanding your existing business or seeking an investment in a high-demand corridor, this property delivers unmatched potential in a growing commercial area. Additional note: Water is well water, but municipal water is available.
196 Jagger Path, #A, Speonk, NY, 11977
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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