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    OFF-MARKET
    Turn key restaurants

    412 Montauk Hwy, East Quogue, NY 11942-3950

    1,844 SF 0.59 ac lot Built 1978
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US63-1341092
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity is located at 412 Montauk Highway in East Quogue, New York, at the highly visible intersection of Old Country Road and Montauk Highway. Boasting 1,844 square feet of retail space, including a basement, this single-story, 1984-built property sits on a 0.59-acre lot. The property is zoned R20 and benefits from a recent renovation, including a turn-key interior dining space and a newly added outdoor decking area complete with lighting, seating, and serving facilities, creating a desirable indoor/outdoor dining experience. The kitchen and exterior are in excellent condition. This high-traffic location offers unparalleled visibility, attracting significant vehicle traffic. The property's strategic position is further enhanced by its proximity to several established businesses, including Barth's Pharmacy, 7-Eleven, Hampton Fruit & Vegetable, Hamptons Shipyards, Ryder Hardware, and Planet Fitness. This turnkey restaurant presents a unique opportunity for immediate operation and significant return on investment. The asking price is $1,800,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1978
    Total area 1,844 SF
    Lot 0.59 ac (25,700 SF)
    Zoning code R20
    APN 0900-290.00-04.00-001.000
    UPID US63-1341092
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Hamptons Farms 412 LLC · 8 yrs held
    Hamptons Farms 412 LLC
    since 2017
    3 recorded transactions
    2017
    $850,000
    2009
    $20,397
    2008
    Zoning & alternative use
    R20 · East Quogue, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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