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    Property profile & analytics

    533 Montauk Hwy East Moriches, NY 11940

    • Investment properties
    • 0.74 lot acres
    For Lease
    View listing
    $30 SF/Yr
    Value Estimation
    $1,225,000
    Last Sale
    May 08, 2024
    $1,200,000
    Location Intelligence
    Property ID
    US63-3220114
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 533 Montauk Hwy

    Lot size
    0.74 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0200-860.00-01.00-047.000
    APU
    200860000100047000

    Description

    This exceptional property offers 3,230 square feet of brand new Class A medical office space in Suffolk County, built and renovated in 2024. The space is available as multiple suites, with a minimum divisible space of 1,580 square feet. Two individual suites are currently available, one measuring approximately 1650 square feet and the other 1580 square feet; these can be combined for a larger footprint. The asking rent is $30 per square foot, NNN. The building boasts 30 parking spaces in a private lot, supplemented by ample on-street parking, catering to both patients and staff. Its location on the highly trafficked Montauk Highway ensures excellent visibility and accessibility. Utilities are metered directly to the tenant for efficient cost management. The space features brand new, high-efficiency heating and air conditioning systems, ensuring a comfortable and energy-efficient environment. The property is zoned J2. This is an ideal opportunity for medical professionals seeking a modern, well-located, and easily accessible office space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,255,000
      6.5%
      $1,195,000
      7%
      $1,265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,265,000
      Geo Method
      $1,225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,145,000
      Retail
      $1,340,000
      Mixed-Use
      $1,290,000
      Hospitality
      $1,270,000
      Educational
      $1,385,000
      Residential Income
      $1,295,000
      Energy
      $1,420,000
      Income-Based Land
      $1,330,000
      Food Service
      $1,375,000

    Location Insight

    • Map
    • Local Demand
    City
    East Moriches
    County
    Suffolk
    State
    New York
    Longitude
    -72.7651
    Latitude
    40.8033
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $450
    $3,550
    $4,000
    -
    $833
    $6,574
    $7,407

    Comparable in this City

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      0.88 Acres

      80 Montauk Hwy

      STORE/OFFICE (MIXED USE) • 0.88 Acres
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      0.66 Acres

      234 Montauk Hwy

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      234 Montauk Hwy, East Moriches, NY 11940-1141
      View Details
    • Value Estimation by Request
      12.50 Acres

      63 Pne St

      STORE/OFFICE (MIXED USE) • 12.50 Acres
      63 Pne St, East Moriches, NY 11940
      View Details

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    533 Montauk Hwy
    East Moriches, NY 11940
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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
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