3432 Lexington Avenue, Mohegan Lake, NY 10547

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Property 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.

3432 Lexington Avenue | MLS# 984309

This commercial property located at 3432 Lexington Avenue, Mohegan Lake, NY 10547 is currently listed for sale with an asking price of $1,950,000. Search Mohegan Lake real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial -
Cooling: Central Air
Heating: Hot Water, Oil
Taxes: $21,000
Year Built: 1930

Feature Descriptions

Building Area Total: 5500
Business Type: Restaurant
Days on Site: 2
Exterior: Advanced Framing Technique
On Market Date: 2026-04-14
Parcel Number: 55540001501900010260000000
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: William Raveis Real Estate
Agency Contact: 914-245-0460

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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