Listing Agency: LICATA VENTURA REALTY INC

Listed By: FRANCES VENTURA · License #994400 Show Phone

Source: Corcoran

Added: May 4 Changed: Sep 10 Last Checked: Sep 10 at 7:32AM

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Investment Insights

Based on property information with market context.

Commercial office space is available for lease in a location convenient to the Hamptons, with access to highways, transportation, and business districts. The available spaces are located on the second level of the building. The property features flexible office spaces with natural light, storage space, and a freight elevator for transporting items to the second floor. Two offices are available, each approximately 800 square feet in size and mirroring one another. The offices can be rented separately or together. Current tenants are long-term patrons and established businesses.

Key Highlights

• Prime commercial office space in the heart of East Quogue, convenient to the Hamptons.
• Flexible office spaces available, can be rented separately or together.
• Easy access to highways, transportation, and key business districts.

Property Analytics

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Current Use

Back on track physical ... Medical Clinic Kearns Group Employment Agency Recco Home Care ... Home Health Care Service Ralph DeRosa, Island ... Real Estate Agency Jason J Weeks Physician

Suggested Use

Top Pick Auto Parts Store Building Supply Real Estate Agency Pharmacy HVAC Service Law Firm

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

$4.16 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

198

Businesses Nearby

Explore this area Business Placement

Demographics for 11942, NY

5,571

Population

3,471

Households

1.6

Avg Household Size

45

Median Age

51%

College-Educated

93%

High-School Grad

8.5 sq mi

ZIP Area

655

Density / Sq Mi

$106,875

Median Household Income

$50,816

Median Earnings

$1,785

Median Rent

$801,100

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

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What type of property is this? Where is this office units 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?

Office units - Premium office spaces in East Quogue, convenient to Hamptons.

Where is this office units located?

The property is located at 472 Montauk Highway East Quogue, NY.

What is the lease rate?

The lease rate is $1,850/Mo.

What are key features of this property?

This property features: Prime commercial office space in the heart of East Quogue, convenient to the Hamptons.; Flexible office spaces available, can be rented separately or together.; Easy access to highways, transportation, and key business districts.