59 Montauk Hwy Westhampton, NY 11977-1511

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.

Location Insight

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