Property profile

2987 Montauk Hwy Sagaponack, NY 11962

OFF-MARKET
Showrooms
Property ID
US63-5473841
6,860 SF 2.2 ac lot Built 1989
Entity Owned Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1989
Total area 6,860 SF
Lot 2.2 ac (95,832 SF)
Zoning code R80
APN 0908-001.00-04.00-008.000
UPID US63-5473841

Cap rate & NOI

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

Location

2987 Montauk Hwy Sagaponack, NY 11962
Sagaponack metro Census 190714 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.88M
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.70M

Owner & transaction history

Zoning & alternative use

R80 · Sagaponack, NY
Zoning description

The intent of this zone is to promote low-density residential development with single-family homes

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $2.5M +22.3%

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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