267 Montauk Hwy, Wainscott, NY 11975

Building Details

Building Size 4,800 SF More

Listing Agency: R&R Commercial Realty Group

Listed By: Richard Pino · License NY #10301213277 Show Phone

Source: Commercialcafe

Added: May 18 Changed: Nov 4 Last Checked: Nov 14 at 2:22AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

A restaurant property is available for sale. The property is located in Wainscott, New York.

Key Highlights

• Restaurant property for sale.
• Located in Wainscott, New York.
• Commercial real estate investment opportunity.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$87,276

Cap Rate

4.59%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,745,520 $1.7M

Cap Rate 7%

$1,246,800 $1.2M

Cap Rate 9%

$969,733 $969.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,800 SF

Gross rent

$125.0K $26.04/SF

− Vacancy

−$8.6K −$1.80/SF

EGI

$116.4K $24.24/SF

− OpEx

−$29.1K −$6.06/SF

NOI

$87.3K $18.18/SF

Area

Suffolk County, NY

Vacancy

6.90%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,745,520

Cap Rate 7%

$1,246,800

Cap Rate 9%

$969,733

Alternative Uses

Best Use

Specialty Retail

$1.25M

$1.09M – $1.45M (±1% cap)

NOI $87,276 @ 7.0% cap · market cap 4.59%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.46M

$1.28M – $1.71M (±1% cap)

NOI $102,361 @ 7.0% cap · market cap 5.39%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Restaurants

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Repair Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

193

Businesses Nearby

Explore this area Business Placement

Demographics for 11975, NY

656

Population

662

Households

1

Avg Household Size

50

Median Age

59%

College-Educated

98%

High-School Grad

4.1 sq mi

ZIP Area

160

Density / Sq Mi

$53,553

Median Earnings

$2,000,001

Median Home Value

Market

Average Price Trend$/SF for Restaurants in Suffolk County, NY

$628 Jul

$777 Aug

$1,115 Sep

$755 Oct

Properties on Market for Restaurants in Suffolk County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar Off Market Nearby

• SOFO Sandwich Co. — 84 Wainscott NW Rd, Wainscott, NY 11975
• The Seafood Shop Catering Company — 356 Montauk Hwy 2nd floor suite, Wainscott, NY 11975

Frequently Asked Questions

What type of property is this?

Restaurant - Restaurant property available for sale in Wainscott, New York.

Where is this restaurant located?

The property is located at 267 Montauk Hwy Wainscott, NY.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Restaurant property for sale.; Located in Wainscott, New York.; Commercial real estate investment opportunity.