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Medical Office Complex with Parking
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240 W Montauk Hwy, Hampton Bays, NY 11946

Two-building medical office complex with full medical interiors and on-site parking, with signage on Montauk Highway.

Space SizeContact for details
Lot Size1.00 Acre
Days on Market54

Property Features for 240 W Montauk Hwy

General Information

Standard status Active
Class B
Lot size 1.00 Acre
Property subtype office

Additional Details

Highway Access Yes
Listing Agency: Melville
Listed By: Ray Ruiz · License #10301215926
Source: Property.jll
Added: Jun 28 Changed: Aug 11 Last Checked: Aug 20 at 4:19AM

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 Melville

Investment Insights

Based on property information with market context.

This medical office complex consists of two buildings totaling 4,800 SF on a one-acre lot. Building 1 offers 4,000 SF and Building 2 provides 800 SF. The property is described as move-in condition with full medical interior buildouts.

The complex includes on-site parking and signage/visibility on Montauk Highway. It also notes proximity to restaurants and retail, and that the medical offices serve two hospitals.

As presented, the space offers established medical office configurations across two buildings, with parking and highway visibility supporting daily client access.

Key Highlights

  • Two‑building medical office complex totaling 4,800 SF on a 1‑acre lot
  • Building 1 offers 4,000 SF; Building 2 offers 800 SF
  • Move‑in condition with full medical interior buildout

Property Analytics

Current Use

Eastern Suffolk Cardiology: ... Physician Stephen Bibiana MD Physician Southampton Town Trustees City Government Office Luigi Buono Pediatrician Chris Kielbasa Pediatrician

Suggested Use

Top Pick Dental Office Auto Repair Shop Law Firm Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) 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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11946, NY

15,535
Population
9,098
Households
1.7
Avg Household Size
42
Median Age
43%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
1,151
Density / Sq Mi
$128,844
Median Household Income
$53,259
Median Earnings
$2,288
Median Rent
$691,300
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-building medical office complex with full medical interiors and on-site parking, with signage on Montauk Highway.
Where is this medical office space located?
The property is located at 240 W Montauk Hwy Hampton Bays, NY.
What are key features of this property?
This property features: Two‑building medical office complex totaling 4,800 SF on a 1‑acre lot; Building 1 offers 4,000 SF; Building 2 offers 800 SF; Move‑in condition with full medical interior buildout
More about this property
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