519-521 Montauk Hwy
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519-521 Montauk Hwy
5,000 SF Vacant Retail Building Amagansett, NY 11930 £5,567,940 (£1,114/SF)
Investment Highlights
- Incredible Demographics
- Brand New Apartment Complex right next door
- Highly Visible Location with Dozens of Possibilites
Executive Summary
Excellent Opportunity to buy or lease Commercial property situated in the heart of Amagansett, in East Hampton Township. This 1.50 Acre property consists of 2 lots with 171 feet of frontage that is home to a 5,000 SF former restaurant that allows seating up to 186 people. Within walking distance to the LIRR, the Village and just minutes to Ocean beaches this is the ideal location for use as restaurant, wine bar, brewery, convenience store, grocery, general store, furniture or design showroom, medical use or nearly any retail commercial use. Brand new apartment complex right next door! Highly desirable demographic with daily traffic counts of 14K cars passing and doubled in the spring/summer season. Many possibilities for use! Please contact Michael Murphy for a private showing and more details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Building Class
C
Year Built
1950
Price
£5,567,940
Price Per SF
£1,114
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.08
Lot Size
1.50 AC
Zoning
CB - Commercial Business
PROPERTY TAXES
Parcel Number | 0300-150-00-05-00-028-002 | Improvements Assessment | £0 |
Land Assessment | £2,426 | Total Assessment | £2,426 |
PROPERTY TAXES
Parcel Number
0300-150-00-05-00-028-002
Land Assessment
£2,426
Improvements Assessment
£0
Total Assessment
£2,426
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519-521 Montauk Hwy
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