Property profile

93-93B Montauk Hwy Hampton Bays, NY 11946

OFF-MARKET
Retail properties & Spaces
7,000 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 7,000 SF

Cap rate & NOI

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

Location

93-93B Montauk Hwy Hampton Bays, NY 11946
Hampton Bays 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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