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    Property profile & analytics

    194 Montauk Hwy Hampton Bays, NY 11946-1819

    • Turn key restaurants
    • 2,400 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $1,310,000
    Last Sale
    Oct 16, 2023
    $1,150,000
    Location Intelligence
    Property ID
    US63-6278786
    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

    • Nuevo Diamante Restaurant / Salvadoran Restaurant
    • Stop & Shop Pharmacy / Pharmacy
    • Stop & Shop / Grocery Store
    • higi / Health Consultant
    • Western Union / Money Transfer Service

    Property Details for 194 Montauk Hwy

    Year built
    1991
    Lot size
    0.36 lot acres
    Property size
    2,400 SF
    Zone code
    HB
    Property type
    Turn key restaurants
    APN
    0900-228.00-01.00-002.000
    APU
    900228000100002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,240,000
      6.5%
      $1,050,000
      7%
      $1,240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,250,000
      Geo Method
      $1,280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,065,000
      Retail
      $1,445,000
      Mixed-Use
      $1,325,000
      Hospitality
      $1,140,000
      Educational
      $1,155,000
      Residential Income
      $1,250,000
      Energy
      $1,060,000
      Income-Based Land
      $1,100,000
      Food Service
      $1,215,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton Bays
    County
    Suffolk
    State
    New York
    Longitude
    -72.514
    Latitude
    40.8806
    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
    $9,697
    $473,700
    $116,200
    $589,900
    -
    $681,583
    $167,194
    $848,777

    Comparable in this City

    • Value Estimation by Request
      5,534 SF

      336 Montauk Hwy

      RESTAURANT • 5,534 SF
      336 Montauk Hwy, Hampton Bays, NY 11946-3525
      View Details
    • Value Estimation by Request
      3,697 SF

      258 Montauk Hwy

      RESTAURANT • 3,697 SF
      258 Montauk Hwy, Hampton Bays, NY 11946-4118
      View Details
    • Value Estimation by Request
      2,451 SF

      295 Montauk Hwy

      RESTAURANT • 2,451 SF
      295 Montauk Hwy, Hampton Bays, NY 11946-1607
      View Details
    • Value Estimation
      $425,000
      1,881 SF

      26 Montauk Hwy

      RESTAURANT • 1,881 SF
      26 Montauk Hwy, Hampton Bays, NY 11946-4002
      View Details
    • Value Estimation
      $390,000
      1,306 SF

      43 Canoe Pl Rd

      RESTAURANT • 1,306 SF
      43 Canoe Pl Rd, Hampton Bays, NY 11946-1702
      View Details
    • Value Estimation
      $2,180,000
      3,069 SF

      78 Foster Ave

      RESTAURANT • 3,069 SF
      78 Foster Ave, Hampton Bays, NY 11946-3226
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Restaurant Property For Sale

      Restaurant property for sale, also offered for lease.
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      Bayfront Restaurant & Boutique Inn

      Waterfront property with restaurant, inn, and development potential.
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      Fully operational restaurant and marina with ocean access.
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      8,160 SF

      Extensive Restaurant and Bar Opportunity

      Expansive restaurant and bar with ocean views in Hampton Bays.
      363 Bch Rd, Hampton Bays, NY 11946
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    • $7,450,000
      8,160 SF

      Hampton Bays Waterfront Bar & Restaurant

      Iconic Bayfront Restaurant, Turnkey Opportunity
      363 Beach Rd, Hampton Bays, NY 11946
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    • $725,000
      0.75 Acres

      Expansive Lot in Hampton Bays

      0.75-acre lot, ideal for custom Hamptons home with pool.
      115 Bay Ave E, Hampton Bays, NY 11946
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    Similar Nearby for Lease

    • Contact for pricing
      2,700 SF

      Hampton Bays Retail Opportunity

      Retail space in the heart of downtown Hampton Bays.
      24-42 E Montauk Hwy, Hampton Bays, NY 11946
      View Details
    • $1.00 SF/Yr
      8,160 SF

      Extensive Restaurant and Bar Opportunity

      Expansive restaurant and bar with ocean views in Hampton Bays.
      363 Bch Rd, Hampton Bays, NY 11946
      View Details
    • Contact for pricing
      2,872 SF

      Hampton Bays Medical Office Space

      Prime Medical Office: 2,872 sq ft Available
      42 Montauk Hwy, Hampton Bays, NY 11946
      View Details
    • Contact for pricing
      7,000 SF

      Montauk Highway Retail Center

      Prime Suffolk County Retail Space Available
      93-93B Montauk Hwy, Hampton Bays, NY 11946
      View Details
    • Contact for pricing
      9,665 SF

      Retail Space in Hampton Bays

      Retail property in downtown Hampton Bays with ample parking.
      50 E Montauk Hwy, Hampton Bays, NY 11946
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space on Montauk Highway

      Neighborhood shopping center with excellent visibility and ample parking.
      250-258 W Montauk Hwy, Hampton Bays, NY 11946
      View Details

    Property Visit Statistics

    • Visits by month
      33.9k
    • Visitors by month
      16.9k
    • Avg Time on site
      10 min
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    194 Montauk Hwy
    Hampton Bays, NY 11946-1819
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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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