2422 Montauk Hwy Bridgehampton, NY 11932
- Investment properties
- 2,608 SF
- 0.20 lot acres
Current Use by Public Records
- M&V Limousines Ltd. Of Bridgehampton / Limousine Service
- Eddie Arthur Salon / Hair Salon
Property Details for 2422 Montauk Hwy
- Year built
- 1980
- Lot size
- 0.20 lot acres
- Property size
- 2,608 SF
- Zone code
- VB
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 0900-069.00-05.00-011.006
- APU
- 900069000500011006
Description
This exceptional 1,262 square foot retail space is perfectly situated in the heart of Bridgehampton's vibrant business district. The property boasts a bright and open floor plan, ideal for a variety of retail uses. Currently vacant, this single-tenant space offers immediate occupancy for a discerning business owner. Located at 2422 Montauk Highway in Suffolk County, New York, this property provides excellent visibility and accessibility for customers. The address is easily identifiable and benefits from high foot traffic and strong local demographics. The building's total square footage is 1,262 square feet, all of which is available for lease. This presents a unique opportunity to establish or expand a retail presence in a highly desirable and affluent area of the Hamptons. The property's location within the Bridgehampton Business District ensures convenient access to amenities, services, and a thriving community. This is a turnkey opportunity for a business seeking a prominent location with high visibility and immediate occupancy. The property is located in Suffolk County, New York, with a zip code of 11932. The property's classification is retail commercial, with a single tenancy. This presents a rare opportunity to secure a prime retail space in a sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,015,000
- 6.5%
- $2,920,000
- 7%
- $2,700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,805,000
- Geo Method
- $2,660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,110,000
- Retail
- $2,420,000
- Mixed-Use
- $2,715,000
- Hospitality
- $3,270,000
- Educational
- $2,735,000
- Residential Income
- $2,725,000
- Energy
- $3,195,000
- Income-Based Land
- $2,735,000
- Food Service
- $2,635,000
Location Insight
- Map
- Local Demand
- City
- Bridgehampton
- County
- Suffolk
- State
- New York
- Longitude
- -72.3042
- Latitude
- 40.9368
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
