240 Montauk Hwy East Hampton, NY 11937

This exceptional investment opportunity presents a mixed-use property located at 240 Montauk Highway in East Hampton, New York, 11937. The property encompasses a substantial 219,560 square feet and is comprised of two buildings housing four separate units, currently boasting 100% occupancy. Each unit commands a price of $1,225,000, with an overall asking price of $4,900,000. The property features a Class C designation and sits on a generous 5.04-acre lot, including a 2.85-acre roadfront parcel with four pre-existing, non-conforming cottages and an adjoining 2.18-acre vacant lot with a storage shed. The zoning is Residential - Pre-existing. The property's strategic location offers proximity to East Hampton Airport and nearby villages, making it an attractive proposition for various uses. This unique offering presents a compelling investment opportunity for discerning buyers seeking a high-occupancy, multi-unit property in a prime East Hampton location. The price per square foot is $22.32. Showings are by appointment only.