Property profile

500 Lk Dr Montauk, NY 11954

OFF-MARKET
Turn key restaurants
Property ID
US63-3725835
1.3 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 1.3 ac (56,628 SF)
APN 0300-006.00-01.00-008.000
UPID US63-3725835

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
  • Restaurant
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

500 Lk Dr Montauk, NY 11954-5152
Montauk metro Census 201008 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$13.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.07M

Owner & transaction history

since 2024
Last sale
$13.1M
1 recorded transaction
2024
$13.1M

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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