Property profile

2422 Montauk Hwy Bridgehampton, NY 11932

OFF-MARKET
Investment properties
Property ID
US63-3095784
2,608 SF 0.2 ac lot Built 1980
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1980
Total area 2,608 SF
Lot 0.2 ac (8,712 SF)
Zoning code VB
APN 0900-069.00-05.00-011.006
UPID US63-3095784

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Limousine Service
  • Hair Salon

Location

2422 Montauk Hwy Bridgehampton, NY 11932
Bridgehampton metro Census 190714 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.58M

Owner & transaction history

since 2022
Last sale
$2.7M
2 recorded transactions
2022
$2.7M
2003
Price N/A

Zoning & alternative use

VB · Bridgehampton, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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