East Quogue Mixed-Use
500 Montauk Highway East Quogue, NY 11942
500 Montauk Highway, East Quogue, NY, 11942
$1,100,000
For Sale
$1,100,000
LAND - East Quogue, NY
Property Size2,512 SF
Lot Size1.01 Acres
Price / SF$437.90
Days on Market850
Property Features for 500 Montauk Highway
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 0900-315-00-03-00-014-000
- Size
- 2,512 SF
- Lot size
- 1.01 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4452
Utilities
- Water source
- Public
Listing Agency
Douglas Elliman Real Estate
(631) 723-2721
14 W Montauk Hwy, Huntington Station, NY
Listed by
Richard Connelly · License #10401297612
(631) 953-5750
Added: Mar 21, 2024 Checked: Jul 18 at 8:06 pm
MLS# L3539504
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1.01-acre lot in East Quogue, NY, presents a mixed-use development opportunity. The property is located on highly-trafficked Montauk Highway and is zoned 54.5% Village Business and 45.5% Residential. Currently, a 2,512 sq ft building sits adjacent to the land, housing a hardware business and equipment rental business, both of which are also for sale. This property is ideal for contractors, investors, or developers looking to create their own business in the Hamptons.
Key Highlights
- 1.01 acre mixed‑use development opportunity
- Located on highly‑trafficked Montauk Hwy
- Zoned for both village business and residential use
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.4k | $30.00 |
| − Vacancy | −$5.2k | −$2.07 |
| EGI | $70.2k | $27.93 |
| − OpEx | −$21.0k | −$8.38 |
| NOI | $49.1k | $19.55 |
2,512 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$701.6K
$613.9K – $818.5K
NOI $49,112 @ 7.0% cap · market cap 4.46%
Second Best
Mixed Use
$638.8K
$559.0K – $745.3K
NOI $44,719 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$765.3K
$669.6K – $892.8K
NOI $53,569 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 1.01 acre mixed-use land on Montauk Highway.
Where is this mixed-use property located?
The property is located at 500 Montauk Highway East Quogue, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1.01 acre mixed‑use development opportunity; Located on highly‑trafficked Montauk Hwy; Zoned for both village business and residential use
