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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!!!)
| Listed | January 14, 2026 |
| Days on Market | 269 |
| Last Updated | June 25, 2026 |
Full public sale/price history isn't available through our listing feed for this property.
Drag the sliders above to model your own purchase price, term, down payment, and rate — the numbers update live. For a precise breakdown, use our NYC Buyer Closing Cost Calculator and Commission Rebate Calculator.
863 Montauk Highway – For Sale
863 Montauk Highway – For Sale
Due to recent rule changes, buyer agent commissions are no longer advertised on the MLS. NestApple estimates your rebate as up to 2% of the purchase price, based on our standard commission-sharing arrangement. Prior to any showing, we will confirm the exact commission and rebate amount with the listing agent and with you in writing. Commissions are not set by law and are fully negotiable. Listing information for this property is sourced via the REBNY RLS, which does not fix, control, recommend, suggest or maintain any commission rates and/or fees for services, and is not the source of any commission information.
Closed-sale data isn't available through our current listing feed for this neighborhood.
