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    93-93B Montauk Hwy Hampton Bays, NY 11946

    Sponsored
    For Lease
    Contact for pricing

    Prime Suffolk County Retail Space Available

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 93-93B Montauk Highway in Suffolk County, offers a unique investment opportunity. The site encompasses 2.2 acres and features two existing buildings totaling 7,000 square feet of vacant retail space. One building offers 2,700 square feet with a full basement, while the second building comprises 2,730 square feet, complete with a drive-thru and full basement. Both buildings are available for lease, with a minimum divisible space of 2,700 square feet and a maximum contiguous space of 2,730 square feet. The property is zoned for highway business use and benefits from an approved site plan for an additional 7,000 square feet of new construction, presenting significant expansion potential. The two parcels are also severable, offering flexibility for individual buyers or developers. This prime location on Montauk Highway provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. The existing buildings offer immediate occupancy, while the approved site plan allows for future growth and development. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving Suffolk County market.

    Property Features for 93-93B Montauk Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Unit(s) available at that property

    Space
    Available Parcel B
    Size
    7,300 SF
    Space
    Available Space 1
    Size
    2,700 SF
    Space
    Available Space 2
    Size
    2,730 SF

    HighLights

    • 7,000 SF retail building on a 2.2‑acre lot in Suffolk County.
    • Three available spaces ranging from 2,700 to 7,300 square feet.
    • Minimum divisible space of 2,700 SF; maximum contiguous space of 2,730 SF.
    • Entire 7,000 SF building currently vacant.
    • Approved site plan for an additional 7,000 SF of new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton Bays
    County
    Suffolk
    State
    New York
    Longitude
    -72.5192182
    Latitude
    40.8799857

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    Nearby Similar for Lease

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      Retail Space in Hampton Bays

      Retail property in downtown Hampton Bays with ample parking.
      50 E Montauk Hwy, Hampton Bays, NY 11946
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      Hampton Bays Office Space Available

      Spacious office in landscaped campus, divisible, with ample parking.
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    FAQs

    What type of property is this?
    Land - Prime Suffolk County Retail Space Available
    Where is this land located?
    The property is located at 93-93B Montauk Hwy Hampton Bays, NY.
    What are key features of this property?
    This property features: 7,000 SF retail building on a 2.2-acre lot in Suffolk County.; Three available spaces ranging from 2,700 to 7,300 square feet.; Minimum divisible space of 2,700 SF; maximum contiguous space of 2,730 SF.
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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
    93-93B Montauk Hwy Hampton Bays, NY 11946
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