322 Montauk Hwy Southampton, NY 11968
This exceptional 4,194 square foot retail property, situated on a 0.97-acre lot at 322 Montauk Highway in Southampton, NY, presents a unique investment opportunity. Currently operating as a thriving high-end steakhouse, the property is offered for sale at $2,200,000. The building is fully equipped and ready for immediate operation, representing a turnkey solution for a discerning buyer. Alternatively, the property is also available for lease. A triple net lease is offered at $15,000 per month with a $500,000 key money deposit. The property's prime location on Montauk Highway ensures high visibility and accessibility, making it an ideal location for a variety of businesses. The substantial 0.97-acre lot provides ample space for outdoor seating or expansion. The existing infrastructure, designed for a high-volume restaurant, includes all necessary equipment and fixtures. This presents a rare chance to acquire a well-established business or to lease a fully operational space in a highly desirable Southampton location. The property's strong performance history and prime location make it an attractive investment with significant potential for future growth. Serious inquiries only.
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.