131 Montauk Hwy Hampton Bays, NY 11946-4209
Property profile & analytics
131 Montauk Hwy Hampton Bays, NY 11946-4209
- Turn key restaurants
- 0.63 lot acres
Property ID
US63-2407575
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.
Location Intelligence
Current Use by Public Records
- Matsulin / Restaurant
Property Details for 131 Montauk Hwy
- Year built
- 1993
- Lot size
- 0.63 lot acres
- Zone code
- OD
- Property type
- Turn key restaurants
- APN
- 0900-222.00-01.00-035.001
- APU
- 900222000100035001
Description
This exceptional fee-simple restaurant property in Hampton Bays, NY, presents a compelling investment opportunity. Located at 131 W Montauk Hwy, this 4,000 square foot, single-tenant building sits on a 0.63-acre lot and boasts ample parking (five spaces per 1,000 square feet). Currently 100% occupied by Matsulin under a net lease with a 3% annual rent bump, the lease extends until March 31, 2028, offering a remaining term of approximately 3.4 years. Built in 2001, this Class B property is strategically positioned in the heart of Hampton Bays, enjoying proximity to major retailers such as Regal Movies, King Kullen, Life Storage, Dunkin', and 7-Eleven. Its convenient location is further enhanced by its proximity to the Hampton Bays LIRR station. The asking price is $2,500,000, translating to $625 per square foot. This stabilized investment offers a strong return with a proven tenant and a desirable location. The property's size, parking availability, and prime location make it an attractive asset for discerning investors seeking a stable, income-generating property in a thriving Long Island market. The single-story building offers a straightforward operational structure. This is a rare opportunity to acquire a well-established restaurant property in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Hampton Bays
- County
- Suffolk
- State
- New York
- Longitude
- -72.5302
- Latitude
- 40.8764
- 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
$10,275
$522,600
$132,900
$655,500
-
$751,942
$191,223
$943,165
