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    494 Montauk Hwy East Quogue, NY 11942

    Sponsored
    For Sale
    $2,400,000

    Mixed Use - East Quogue, NY

    Type:Mixed Use
    Property size:
    2,512 SF
    Days on Market:
    283
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 494 Montauk Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    VB
    APN
    0900-315-00-03-00-013-001
    Parking
    9
    Size
    2,512 SF

    Utilities

    Heating system
    Forced Air, Propane (Heating)

    Building Details

    Year built
    1978
    Architectural style
    Other

    Douglas Elliman Real Estate [email protected]

    Listing agent Richard Connelly (631) 723-2721 License #10401297612

    Listing date Mar 29, 2025

    MLS# L3423505 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Quogue Mixed-Use Opportunity

    A mixed-use property is available for purchase, featuring a 2,512 square foot building with a newer 50-year metal roof and a newer propane gas furnace. The property is situated on 0.26 acres along the highly-trafficked Montauk Highway. An additional adjacent 1.01-acre lot is included in the asking price. The property is zoned Village Business (VB). The hardware store business and inventory, excluding the machinery rental business, may be included for an additional cost. The land is zoned 54.5% Village Business and 45.5% Residential. The store itself is zoned Village Business. This property is suitable for contractors needing outdoor storage, investors, or developers. The 1.01-acre lot can be purchased separately. Located in East Quogue, NY, this property offers opportunities for various business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ryder Hardware Hardware Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Quogue
    County
    Suffolk
    State
    New York
    Longitude
    -72.579892
    Latitude
    40.843156

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with additional lot on Montauk Highway.
    Where is this mixed-use property located?
    The property is located at 494 Montauk Hwy East Quogue, NY.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Large 1.01 acre adjacent lot included in the $2.4 million asking price.; - **2,512 sq ft building on .26 acres located on highly-trafficked Montauk Hwy.**; - Zoned Village Business, suitable for various commercial ventures.
    (631) 953-5750
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    494 Montauk Hwy East Quogue, NY 11942
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    East Quogue, NY 11942
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    494 Montauk Hwy East Quogue, NY 11942
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