Building Details

Year Built 2026

Listing Agency: Southampton D***@corcoran.com Show Phone

Listed By: Dan Lessing · License #10401350248 Show Phone

Source: Corcoran

Added: Sep 16, 2025 Changed: Aug 15 Last Checked: Aug 21 at 7:27AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southampton

Investment Insights

Based on property information with market context.

This is a rare opportunity to lease new medical office space in Watermill, New York. The property is to be built on an acre along Montauk Highway. The location is strategically positioned between Southampton and Bridgehampton. The property size is 6,300 square feet.

Key Highlights

• Brand new medical office space.
• Prime location in the Hamptons.
• Situated in the sought‑after community of Watermill.

Property Analytics

Property Profile

Current Use

Medical Office Space

Suggested Use

Top Pick Electrical Service Storage Facility Furniture & Home Goods Pharmacy Bakery Carpet & Flooring 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

NNN (Triple Net)

Lease Type

$12.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

300

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - New medical office space for lease in Watermill, NY.

Where is this medical office space located?

The property is located at 1004 Montauk Highway Watermill, NY.

What is the lease rate?

The lease rate is $85 SF/Yr.

What are key features of this property?

This property features: Brand new medical office space.; Prime location in the Hamptons.; Situated in the sought‑after community of Watermill.