5,500 sqft

$1,950,000

3432 Lexington Avenue, Mohegan Lake NY, 10547

Price per sqft$354.55

Built in1930

Property size5,500 sqft

Property typeCommercial

Courtesy of William Raveis Real Estate, Jason Kerwar Listing Contact: 914-245-0460

Overview

Active

Listed Apr 14, 2026

Updated Aug 21

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.

Other Property Details

Taxes: $21,000
Tax Frequency: Annually

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