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    521 Montauk Hwy Amagansett, NY 11930

    • Retail properties
    • 0.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 521 Montauk Hwy

    Year built
    1975
    Lot size
    0.50 lot acres
    Property type
    Retail properties

    Description

    wine bar

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amagansett
    County
    Suffolk
    State
    New York
    Longitude
    -72.1265
    Latitude
    40.9791

    Comparable in this City

    • Value Estimation by Request
      9,712 SF

      11 Indian Wells Hwy

      Coworking space • 9,712 SF
      11 Indian Wells Hwy, Amagansett, NY 11930
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    • Value Estimation by Request
      5,000 SF

      519 Montauk Hwy

      Retail properties • 5,000 SF
      519 Montauk Hwy, Amagansett, NY 11930
      View Details
    • Value Estimation by Request
      5,000 SF

      519 Montauk Hwy

      Retail properties • 5,000 SF
      519 Montauk Hwy, Amagansett, NY 11930
      View Details
    • Value Estimation
      $305,000
      0.42 Acres

      541 Montauk Hwy

      AUTO REPAIR, GARAGE • 0.42 Acres
      541 Montauk Hwy, Amagansett, NY 11930-2110
      View Details
    • Value Estimation
      $275,000
      1.30 Acres

      1980 Montauk Hwy

      PARKING LOT • 1.30 Acres
      1980 Montauk Hwy, Amagansett, NY 11930-2120
      View Details
    • Value Estimation
      $280,000
      0.31 Acres

      14 Amagansett Sq

      SHOPPING CENTER, STRIP CENTER • 0.31 Acres
      14 Amagansett Sq, Amagansett, NY 11930
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,000 SF

      Amagansett Commercial Property For Sale

      Prime Retail Space, 5,000 SF, 1.5 Acres
      519 Montauk Hwy, Amagansett, NY 11930
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    • $8,500,000

      Amagansett Land For Sale

      Land available for sale in Amagansett, New York.
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      Amagansett Multifamily Property For Sale

      Multifamily property available in Amagansett, NY.
      80 Abrahams Landing Rd, Amagansett, NY 11930
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    • $8,500,000

      Amagansett Land For Sale

      Land available for sale in Amagansett, New York.
      219 Main St, Amagansett, NY 11930
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    • $550,000

      Oceanfront Apartment in Montauk Complex

      Updated ground level corner efficiency with ocean views and amenities.
      2178 Montauk 20, Amagansett, NY 11930
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      Amagansett Land For Sale

      Land available for sale in Amagansett, New York.
      88 Bluff Rd, Amagansett, NY 11930
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    Similar Nearby for Lease

    • $65 SF/Yr
      9,712 SF

      Amagansett Mixed-Use Property

      Prime Amagansett location, 2,877 sq ft available.
      11 Indian Wells Hwy, Amagansett, NY 11930
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    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
      4 Cranberry Ln, Amagansett, NY 11930
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    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for lease in Amagansett, New York.
      90 Napeague Hbr Rd, Amagansett, NY 11930
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    • $11,850 /Mo
      2,844 SF

      Amagansett Commercial Space for Lease

      2,844 SF second-floor space ideal for office or creative uses.
      11 Indian Wells Hwy, Amagansett, NY 11930
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    • $8,391 /Mo
      51,401 SF

      Amagansett Commercial Space For Rent

      Adaptable commercial space in a thriving village corridor, Amagansett, NY.
      11 Indian Wells Hwy, Amagansett, NY 11930
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    • $13,434 /Mo
      2,480 SF

      Adaptable Commercial Space in Amagansett

      2,480 SF commercial space with adaptable layout and outdoor area.
      11 Indian Wells Hwy, Amagansett, NY 11930
      View Details
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    521 Montauk Hwy
    Amagansett, NY 11930
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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