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Property profile

494 Montauk Hwy East Quogue, NY 11942

FOR SALE
Other investment properties
Property ID
US63-1595723
2,250 SF 0.26 ac lot Built 1978
Last sale Mar 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 2,512-square-foot storefront building constructed in 1978 and an adjacent 1.01-acre lot. The building is sited on approximately 0.26 acres and has a metal roof with an estimated 50-year service life and a propane gas furnace. It is located on Montauk Highway in East Quogue at 494 & 500 Montauk Highway. The building is zoned Village Business, and the additional land is designated 54.5% Village Business and 45.5% Residential, creating a combined site with distinct…

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 · 2020

What does the county charge?
$8k
Tax billed · 2020
Assessed value · 2023$651k
Assessed land$454k
Assessed improvement$197k
Effective rate1.30%

Value estimate

· Oct 2026
$340k
$306k – $374k
AI approach$340k
NOI build-up
Gross scheduled income$75k
Vacancy & credit loss−$5k
Operating expenses−$21k
NOI · 4.09% cap applied$49k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$301/SF
County average, outlier-cleaned · 205 recorded sales of this use type
Observed band · Q1–Q3$200 – $462
Qualifying comparables7

Cap rate analysis

How does the asset earn?
4.09%
$49k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
VB
JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.0
Auto Parts Store11.2
Pharmacy10.7

Location

494 Montauk Hwy East Quogue, NY 11942
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

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

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
493 Montauk, East Quogue, NY 11942-3920 $850,000 Jan 2024 850 SF
489 Montauk, East Quogue, NY 11942-3920 $1,400,000 Mar 2023 3,201 SF
474 Montauk, East Quogue, NY 11942-3949 $485,000 Feb 2022 728 SF
501 Montauk, East Quogue, NY 11942-3920 $375,000 Nov 2018 1,368 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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