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    290 Montauk Hwy East Hampton, NY 11937

    Sponsored
    For Sale
    Contact for pricing

    Prime Montauk Hwy location, 3,700 SF.

    Property size:
    3,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional East Hampton restaurant and bar boasts a highly visible location on Montauk Highway, offering 340 feet of frontage. Situated on a 2.246-acre lot, this single-story establishment features approximately 3,700 square feet of interior space, comfortably accommodating 116 seats. The interior is designed as a refined yet relaxed American-style bistro, complete with a full-service kitchen. The property presents a unique opportunity to capitalize on its prime location, attracting clientele from nearby prestigious estates and the high volume of traffic on Montauk Highway. The property's convenient access makes it highly desirable for both locals and tourists. The building consists of one story across three buildings. Occupancy is available July 20, 2024. Annual property taxes are $8,580.66 ($5,164.06 Town, $3,416.60 Village). Tax Map #: 472401 472402 006000 0001 004001 0001. The property is surrounded by notable businesses including The Clubhouse, Wainscott Farms, Serena & Lily, and others, further enhancing its desirability and potential.

    Property Features for 290 Montauk Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    3,700 SF
    Lot Size
    97,836 SF

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • 3,700 SF retail space, currently operating as a bar and restaurant.
    • Available July 20, 2024.
    • Located at 290 Montauk Hwy, East Hampton, NY 11937, on a 2.246‑acre lot with 340 feet of highway frontage.
    • Features a 116‑seat interior and a full‑service kitchen.
    • High visibility location in a prime East Hampton commercial area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Highway New American Restaurant VFW 550 Bar

    Suggested Use

    Realty agency Restaurant Law Firm Auto Repair Shop Hair Salon Dental Office Wholesale Shop Building Supply Clothing Store Pharmacy

    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
    -72.235728268845
    Latitude
    40.951710143489

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    FAQs

    What type of property is this?
    Restaurant - Prime Montauk Hwy location, 3,700 SF.
    Where is this restaurant located?
    The property is located at 290 Montauk Hwy East Hampton, NY.
    What are key features of this property?
    This property features: 3,700 SF retail space, currently operating as a bar and restaurant.; Available July 20, 2024.; Located at 290 Montauk Hwy, East Hampton, NY 11937, on a 2.246-acre lot with 340 feet of highway frontage.
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    East Hampton, NY 11937
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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
    290 Montauk Hwy East Hampton, NY 11937
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