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    342 Montauk Hwy East Hampton, NY 11937

    Sponsored
    For Sale
    Contact for pricing

    Prime East Hampton industrial space.

    Property size:
    1,427 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional East Hampton property, located at 342 Montauk Highway in Wainscott, NY 11937, offers a unique blend of office and warehouse space totaling over 27,000 square feet across four interconnected buildings and covered exteriors. Situated on a 0.62-acre lot (APN: 472489 192.000-0002-003.002 0000), this versatile complex is zoned Commercial/Industrial (CI), providing flexibility for a variety of uses. The main office building, encompassing 2,590 square feet, features three private offices, a kitchen, a conference room, and workstations. It connects seamlessly to the expansive warehouse space via a covered loading dock (3,723 square feet). The warehouse buildings boast impressive ceiling heights ranging from 19 to 29 feet, with individual building sizes ranging from 4,992 to 7,282 square feet. Each warehouse building includes loading docks and roll-up doors. An additional 1,427 square feet of enclosed space with 16-foot ceilings is situated between two of the warehouse buildings. The property benefits from ample private parking, convenient highway access, and a desirable location amongst established businesses including Local TV Inc., Cedar Design, and others. This rare opportunity presents itself as industrial properties in East Hampton are seldom available. The property's layout allows for either subdivision into leasable spaces or utilization as a single, integrated complex by an owner-operator. The total square footage available ranges from 1,427 to 7,282 square feet.

    Property Features for 342 Montauk Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    1,427 SF
    Lot Size
    27,007 SF

    HighLights

    • 2,590 SF office building with three private offices, conference room, and kitchen, connected to warehouse via loading dock.
    • 3,723 SF covered loading dock.
    • 4,992 SF warehouse building with loading dock, roll‑up door, and 19‑foot ceilings.
    • 7,200 SF warehouse building with loading dock, roll‑up door, and 21‑foot ceilings.
    • 7,282 SF warehouse building with roll‑up door, and 29‑foot ceilings, and main loading dock access.
    • 1,427 SF enclosed space with 16‑foot ceilings between two warehouse buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Hair Salon Law Firm Clothing Store Pharmacy Gym & Fitness Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Hampton
    County
    Suffolk
    State
    New York
    Longitude
    -72.244251
    Latitude
    40.9491538

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    FAQs

    What type of property is this?
    Distribution property - Prime East Hampton industrial space.
    Where is this distribution property located?
    The property is located at 342 Montauk Hwy East Hampton, NY.
    What are key features of this property?
    This property features: 2,590 SF office building with three private offices, conference room, and kitchen, connected to warehouse via loading dock.; 3,723 SF covered loading dock.; 4,992 SF warehouse building with loading dock, roll-up door, and 19-foot ceilings.
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    Realmo Value Estimation

    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.

    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.

    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
    342 Montauk Hwy East Hampton, NY 11937
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