133 Montauk Hwy Hampton Bays, NY 11946-4207

Property Details for 133 Montauk Hwy

Year built

2006

Lot size

0.84 lot acres

Property size

4,992 SF

Zone code

OD

Property type

Office buildings

APN

0900-222.00-01.00-024.001

APU

900222000100024001

Description

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.