93-93B Montauk Hwy, Hampton Bays, NY 11946
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.