Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    363 Beach Rd Hampton Bays, NY 11946

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Iconic Bayfront Restaurant, Turnkey Opportunity

    Property size:
    8,160 SF

    Property Features for 363 Beach Rd

    General Information

    Property type
    Restaurants
    Square Feet
    8,160 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    Hal Zwick
    Hal Zwick

    Listing Agency: Compass Listing Agent: Hal Zwick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Hampton Bays property presents a rare investment opportunity. The 8,160 square foot, two-story building, constructed in 1990, sits on a 1.6-acre lot with permitted RWB zoning. Boasting a 525-person capacity (150 indoor, 375 outdoor), this turnkey, newly renovated establishment features a bayfront restaurant and bar with sweeping ocean views. Three distinct indoor dining areas and an outdoor bar with three separate waterfront decks provide diverse seating options. A secondary interior bar includes a convenient takeout window. The property's prime location on Beach Road in Hampton Bays, NY (zip code 11946), offers unparalleled visibility and access. This established business is ready for immediate operation, presenting a significant return on investment for the discerning buyer. The property's size and features make it ideal for a variety of hospitality uses. The expansive outdoor space is perfect for events and gatherings. This is a unique opportunity to acquire a highly successful, established business in a desirable location. The property's waterfront location and stunning views provide an unmatched setting for a thriving hospitality venture. This is a truly exceptional opportunity to own a piece of Hampton Bays' vibrant culinary scene.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Food Market Restaurant Hotel & Motel Restaurant Fish Market Catering Service Travel Agency

    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
    -72.481228745623
    Latitude
    40.841397021077

    Nearby Similar for Sale

    • $6,495,000
      8,160 SF

      Restaurant/Bar with Ocean & Bay Views

      Extensive restaurant and bar with unmatched ocean and bay views.
      363 Beach Rd, Hampton Bays, NY 11946
      View Details
    • $6,250,000
      0.89 Acres

      Bayfront Restaurant & Boutique Inn

      Unique waterfront hospitality property with restaurant, inn, and event space.
      32 Lighthouse Rd, Hampton Bays, NY 11946
      View Details
    • $1,795,000
      2,804 SF

      Renovated Farmhouse Near the Ocean

      Historic farmhouse with modern luxury, close to ocean and amenities.
      11 Shinnecock Rd, Hampton Bays, NY 11946
      View Details
    • $3,650,000
      5,200 SF

      Mixed-Use Investment Property Compound

      Retail and residential spaces in Shinnecock Hills, Hampton Bays.
      87 North Rd, Hampton Bays, NY 11946
      View Details
    • $2,295,000
      4,246 SF

      Hampton Bays Bed & Breakfast

      1930s bed & breakfast renovated in 2021 with modern luxury.
      296 East Montauk Hwy, Hampton Bays, NY 11946
      View Details
    • $2,750,000
      2,363 SF

      Waterfront Marina Opportunity in Hampton Bays

      Operational marina with residence, office, and shop near Shinnecock Bay.
      74 Foster Ave, Hampton Bays, NY 11946
      View Details
    • $1,550,000
      0.73 Acres

      Hampton Bays Multi-Family Investment

      Legal three-unit property with development potential in Hampton Bays.
      134 Ponquogue Ave, Hampton Bays, NY 11946
      View Details
    • $1,699,000
      2,919 SF

      Income-Producing Multi-Family Property

      Multi-family property with two residences, gardens, and potential income.
      153 Ponquogue Ave, Hampton Bays, NY 11946
      View Details
    • $2,200,000

      Restaurant Property For Sale

      Restaurant property for sale, also offered for lease.
      322 W Montauk Hwy, Hampton Bays, NY 11946
      View Details
    • $749,999

      Hampton Bays Apartment For Sale

      Apartment building for sale in Hampton Bays, NY.
      47 Rampasture Rd, Hampton Bays, NY 11946
      View Details
    • $575,000

      Bayfront 2 Bedroom Co-op

      Hampton Bays co-op with direct bay access and sunsets.
      46 Rampasture Rd, Hampton Bays, NY 11946
      View Details
    • $550,000

      Hampton Bays Multifamily Property

      Multifamily property for sale in Hampton Bays, NY.
      61 West Tiana Rd, Hampton Bays, NY 11946
      View Details

    FAQs

    What type of property is this?
    Restaurant - Iconic Bayfront Restaurant, Turnkey Opportunity
    Where is this restaurant located?
    The property is located at 363 Beach Rd Hampton Bays, NY.
    What is the asking price?
    The asking price for this property is $7,450,000.
    What are key features of this property?
    This property features: $7,450,000 asking price for this 8,160 SF retail property.; Bayfront restaurant/bar with sweeping ocean views in Hampton Bays, NY.; Turnkey, newly renovated, two-story building on a 1.6-acre lot.
    (631) 678-2460 Call to check price and availability
    Request Owner's contact information
    363 Beach Rd Hampton Bays, NY 11946
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    363 Beach Rd
    Hampton Bays, NY 11946
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    363 Beach Rd Hampton Bays, NY 11946
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Hal Zwick
    Hal Zwick
    (631) 678-2460 (212) 913-9058
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!