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500 Montauk Hwy
East Hampton, NY 11937

Retail Property For Sale

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Investment Highlights

Major exposure on Montauk Highwaty
Flexible uses allowe

Deep building parcel

Executive Summary

Mixed-use site -- retail plus residential / office. The parcel can be redeveloped to create a 9,000+ sf structure.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

4,413 SF

Building Class

Year Built

1965

Price

£4,007,500

Price Per SF

£908

Percent Leased

32%

Tenancy

Multiple

Number of Floors

Building FAR

0.08

Lot Size

1.27 AC

Zoning

Commercial - Zoned Neighborhood Business - allows retail, food (with upgraded septic system, office, etc. All dependent upon town and Health department approvals

Parking

15 Spaces (3.51 Spaces per 1,000 SF Leased)

Frontage

181 ft on Montauk Hwy

Amenities

Signage

PROPERTY TAXES

Parcel Number	0300-166-00-06-00-005-000	Improvements Assessment	£5,851
Land Assessment	£3,607	Total Assessment	£9,458

PROPERTY TAXES

Parcel Number

0300-166-00-06-00-005-000

Land Assessment

£3,607

Improvements Assessment

£5,851

Total Assessment

£9,458

Listing ID: 27993245
Date on Market: 16/03/2023
Last Updated:
Address: 500 Montauk Hwy, East Hampton, NY 11937

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