Property profile

133 Montauk Hwy Hampton Bays, NY 11946

OFF-MARKET
Office buildings
Property ID
US63-3315703
4,992 SF 0.84 ac lot Built 2006
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 5,000-square-foot office building presents a compelling value-add investment opportunity in the vibrant heart of Hampton Bays, NY. Situated on a sizable 0.84-acre lot, this single-story, Class B property boasts ample parking (8.2 spaces per 1,000 sq ft), a significant advantage in this desirable location. Currently vacant, the building offers immediate potential for lease-up or redevelopment. Built in 2001, the property is zoned OD and features a convenient location near major retailers including Regal Movies, King Kullen, and more, ensuring high visibility and accessibility. Its proximity to the Hampton Bays LIRR station further enhances its appeal. The asking price is $3,000,000, translating to $600 per square foot. This represents a unique chance to acquire a versatile property suitable for executive, medical, or traditional office uses, offering significant upside potential for the discerning investor. The property is available for occupancy July 1, 2024. This fee-simple ownership opportunity provides complete control and flexibility for future development or leasing strategies. The property's size and location make it an ideal candidate for a variety of uses, catering to the growing demand for commercial space in this thriving community.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2006
Total area 4,992 SF
Lot 0.84 ac (36,590 SF)
Zoning code OD
APN 0900-222.00-01.00-024.001
UPID US63-3315703

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hospital

Location

133 Montauk Hwy Hampton Bays, NY 11946-4207
Hampton Bays metro Census 190403 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$875k

Owner & transaction history

since 2025
3 recorded transactions
2025
$2.9M
2001
Price N/A
2001
Price N/A

Zoning & alternative use

OD · Hampton Bays, NY

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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