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New Two-Story Office Building
For Lease
$44,166

1164 Montauk HWY, Watermill, NY 11976

Commercial Sale, Water Mill, NY

Space Size5,300 SF
Days on Market21

Property Features for 1164 Montauk HWY

General Information

Property type Commercial Lease
Property subtype Other
High school district 000000
Standard status Active
APN 0900-102.000-01-008.000

Amenities

400-amp 3-phase underground electric service
basement storage
landscaped park-like grounds with picnic seating
Listing Agency: Compass
Listed By: Sean Deery · License #10401366519
Added: Aug 4 Changed: Aug 19 Last Checked: Aug 24 at 5:06AM
MLS# 11918928

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newly built office building totaling 5,300 square feet over two floors, with elevator service and ceiling heights ranging from 11 to 13 feet. The layout can accommodate two separate suites or a single occupant, with 2,600 square feet of basement storage below. The property also includes 400-amp, 3-phase underground electric service, 24 dedicated parking spaces, and landscaped grounds with picnic seating.

The building is positioned at the junction of Montauk Highway and Scuttle Hole Road in the Water Mill Business District, with highway frontage and access toward both the eastern and western portions of the area. Nearby businesses include Water Mill Lumber, Speedway Gas Station, Sabrosa Mexican Grill, Hampton Coffee Company, Staples, TJ Maxx, and King Kullen. Two 15,000-square-foot buildings at 8 and 12 Scuttle Hole Rd are located behind the property.

Key Highlights

  • 5,300‑square‑foot office building across two floors
  • 2,600 square feet of basement storage
  • Two‑suite configuration or single‑occupant layout

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 11976, NY

2,764
Population
2,550
Households
1.1
Avg Household Size
50
Median Age
77%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
213
Density / Sq Mi
$158,000
Median Household Income
$64,643
Median Earnings
$3,200
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Newly built office property with elevator access, flexible suite configuration, basement storage, and dedicated parking.
Where is this office building located?
The property is located at 1164 Montauk HWY Watermill, NY.
What is the lease rate?
The lease rate is $44,166.
What are key features of this property?
This property features: 5,300‑square‑foot office building across two floors; 2,600 square feet of basement storage; Two‑suite configuration or single‑occupant layout
More about this property
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