Property profile

342 Montauk Hwy East Hampton, NY 11937

OFF-MARKET
Warehouses
1,427 SF 0.62 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Total area 1,427 SF
Lot 0.62 ac (27,007 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

342 Montauk Hwy East Hampton, NY 11937
East Hampton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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