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Property profile

348 Montauk Hwy Wainscott, NY 11975

FOR LEASE
Other warehouses
Property ID
US63-5669790
0.35 ac lot
Last sale Feb 2008 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex/industrial site configured with two warehouse units of approximately 3,500 sq. ft. each for a combined warehouse area of about 7,000 sq. ft. Access is provided from a courtyard, and the warehouse portion includes truck access, two loading docks, two roll-up doors, mezzanine platforms, and on-site parking for approximately 26 vehicles. In addition, there is a separate front-facing 2,000 sq. ft. highway-oriented showroom and office space. The site is located at 348 Montauk…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$27k
Assessed land$2k
Assessed improvement$25k

Value estimate

· Oct 2026
$165k
$149k – $182k
AI approach$165k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 379.82% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$213/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$155 – $305

Cap rate analysis

How does the asset earn?
379.82%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
HVAC Service8.6
Tailor Shop8.6

Location

348 Montauk Hwy Wainscott, NY 11975
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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