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Turnkey Restaurant with Open Patio
For Lease
$20,000/Mo

74A Montauk Hwy, East Hampton, NY 11937

Commercial Lease, East Hampton, NY

Space SizeContact for details
Lot Size0.77 Acres
Days on Market144

Property Features for 74A Montauk Hwy

General Information

Property type Commercial Lease
Property subtype Other
High school district 000000
Standard status Active
APN 0300-170.000-004-000.022/001
Size 2,830 SF
Lot size 0.77 Acres
Listing Agency: Compass
Listed By: Jeffrey Sztorc · License #10401279108
Added: Mar 30 Changed: Aug 19 Last Checked: Aug 20 at 9:06AM
MLS# 11682713

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Fully built-out restaurant opportunity offering a turnkey layout for immediate operation. The main level is approximately 2,830 square feet and supports interior and outdoor service with seating for 126 inside and an open patio providing 30 additional seats outside, with the patio configuration potentially adjustable. An oversized kitchen and full prep infrastructure are complemented by a finished basement with a legal prep area for expanded production and event service. The building includes office and back-of-house areas for daily management, along with multiple walk-ins to support efficient operations. Renovated in 2020, the property features updated systems, ceramic tile flooring, central A/C, and gas service.

Set on approximately 0.77 acres south of Montauk Highway in Amagansett, the site includes 31 on-site parking spaces, including accessible parking, supporting smooth circulation for staff and patrons. The opportunity is positioned within a well-established dining corridor, with nearby businesses listed in the remarks.

This offering is structured for operators seeking either seasonal or multi-year availability, with flexible lease terms noted by the owner. A multi-year term is available with a base rent of $240,000 and key money of $700,000 for ownership of the equipment, and a full-season option is available with a base rent of $175,000 (seasonal availability is noted for 2026 only).

Key Highlights

  • Fully built‑out restaurant opportunity at 74A Montauk Highway in Amagansett, south of the highway
  • 126‑seat layout with interior dining plus an open patio (96 inside / 30 outside, configurable)
  • Approx. 2,830 SF renovated main level with finished lower level and legal prep area in the basement

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Electrical Service Garden Center Furniture & Home Goods Grocery & Convenience Store Dental Office

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
$12.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Balanced
Demand for This Use

Demographics for 11937, NY

19,968
Population
14,277
Households
1.4
Avg Household Size
45
Median Age
52%
College-Educated
92%
High-School Grad
37.1 sq mi
ZIP Area
538
Density / Sq Mi
$122,489
Median Household Income
$49,954
Median Earnings
$2,904
Median Rent
$1,009,100
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated in 2020 with central A/C, gas service, and patio dining, plus 31 on-site parking spaces for guest convenience.
Where is this conventional restaurant located?
The property is located at 74A Montauk Hwy East Hampton, NY.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: Fully built‑out restaurant opportunity at 74A Montauk Highway in Amagansett, south of the highway; 126‑seat layout with interior dining plus an open patio (96 inside / 30 outside, configurable); Approx. 2,830 SF renovated main level with finished lower level and legal prep area in the basement
More about this property
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