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Property profile & analytics
FOR LEASE
Office buildings
2331 Montauk Hwy, Bridgehampton, NY 11932
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-3808638
For Lease
Contact for pricing
2331 Montauk Hwy, Bridgehampton, NY 11932
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2022
Total area
5,615 SF
Lot
0.54 ac (23,522 SF)
Zoning code
HO
APN
0900-086.00-01.00-006.000
UPID
US63-3808638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Farrell Companies Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
L Stocknoff LLC · 1 yrs held
L Stocknoff LLC
since 2024
Last sale
$4.4M
2 recorded transactions
Zoning & alternative use
HO · Bridgehampton, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bridgehampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgehampton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$1,906
Tax year 2020
Assessed value
$2,209,500
Assessed 2023
Previous assessed
$1,318,600
+67.6% YoY
Effective rate
0.09%
On assessed value
Assessed land
$372,400
Assessed improvement
$1,837,100
Land market value
$535,827
Improvement market value
$2,643,309
Total market value
$3,179,136
Applied tax rate
473,609.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2022
Heating
HOT WATER
Stories
1
Bathrooms
1
Total area
5,615 SF
Lot
0.54 ac (23,522 SF)
Zoning code
HO
APN
0900-086.00-01.00-006.000
UPID
US63-3808638
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
HO · Bridgehampton, NY
Zoning HO · permitted uses
HO · Bridgehampton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bridgehampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Heating
HOT WATER
Stories
1
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
L Stocknoff LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 14, BRIDGEHAMPTON, NY 11932-0014
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2024
$4,400,000
L Stocknoff LLC
Glover LLC
Deed
—
Nov 8, 2017
—
2331 Montauk LLC
Arnback Participations INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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