59 Montauk Hwy Westhampton, NY 11977-1511
Property profile & analytics
59 Montauk Hwy Westhampton, NY 11977-1511
- Turn key restaurants
- 5,714 SF
- 1.50 lot acres
Property ID
US63-2864653
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- SimplifyIT / Electronics & Wireless Store
- Casa Basso / Restaurant
- Jerri's Cakery & Confections Inc. / Bakery / Specialty Food Shop
- JerriCakesdotcom / Bakery / Specialty Food Shop
Property Details for 59 Montauk Hwy
- Year built
- 1984
- Lot size
- 1.50 lot acres
- Property size
- 5,714 SF
- Zone code
- HB
- Property type
- Turn key restaurants
- APN
- 0900-356.00-02.00-004.004
- APU
- 900356000200004004
Description
This exceptional mixed-use property presents a rare investment opportunity on the market for the first time in its history. Located at 59 Montauk Highway in Westhampton, NY, this unique offering encompasses approximately 1.5 waterfront acres with roughly 232 feet of frontage on Beaver Dam Creek. The centerpiece is Casa Basso, a well-established Italian restaurant operating continuously since its inception 91 years ago. The current owner, who acquired the business in 1986, is now offering this turnkey operation for sale. Adding significant value is a captivating castle, constructed in 1906 by renowned sculptor and potter Theophilus Brouwer, whose works are included in the Smithsonian's permanent collection. This historic structure features ground floor retail space ideally suited for the restaurant's continued operation or alternative commercial ventures. The upper two floors comprise residential studios, each boasting breathtaking waterfront views. The property's Highway Business zoning allows for a variety of uses, making it an attractive proposition for both seasoned investors and those seeking a unique blend of commercial and residential potential. This is a truly one-of-a-kind opportunity to acquire a piece of Westhampton's rich history and vibrant culinary scene. The asking price is $4,500,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Westhampton
- County
- Suffolk
- State
- New York
- Longitude
- -72.6628
- Latitude
- 40.8214
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$17,538
$685,300
$1,389,200
$2,074,500
-
$986,043
$1,998,849
$2,984,892
