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Property profile & analytics

75 Montauk Hwy Blue Point, NY 11715

  • Investment properties
  • 0.77 lot acres
Value Estimation
Last Sale
Apr 12, 2022
$1,150,000
Location Intelligence
Property ID
US63-6204344
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.

Current Use by Public Records

  • Five Star Coverage / Insurance Agency

Property Details for 75 Montauk Hwy

Lot size
0.77 lot acres
Property type
Investment properties
Property subtype
Retail residential properties
APN
0200-982.30-01.00-020.000
APU
200982300100020000

Description

This exceptional Blue Point, NY industrial property, located at 75 Montauk Hwy, offers a compelling investment opportunity. The main building comprises 11,800 square feet of warehouse space, featuring 14-foot ceilings and a 14-foot drive-in door, ideal for various uses. The property sits on a 0.77-acre lot with 12 parking spaces and boasts 107 feet of frontage on the heavily trafficked Montauk Highway. A significant advantage is the inclusion of a separate, 2,000-square-foot retail building currently leased to an insurance company for $3,500 per month with three years remaining on the lease. This provides immediate rental income, potentially covering taxes, maintenance, and insurance. The main warehouse will be delivered vacant, perfect for an end-user. The property benefits from its proximity to Islip MacArthur Airport and major thoroughfares, surrounded by established businesses. Recent roof repairs and the J2 zoning designation add further value. Gas is available in the front unit, with oil in the rear. This property presents a rare combination of immediate income and significant potential for future growth. The asking price is $2,400,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,070,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,130,000
    6.5%
    $1,130,000
    7%
    $1,190,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,170,000
    Geo Method
    $1,075,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $980,000
    Retail
    $1,130,000
    Mixed-Use
    $1,120,000
    Hospitality
    $1,140,000
    Educational
    $1,065,000
    Residential Income
    $945,000
    Energy
    $1,080,000
    Income-Based Land
    $1,165,000
    Food Service
    $1,085,000

Location Insight

  • Map
  • Local Demand
City
Blue Point
County
Suffolk
State
New York
Longitude
-73.0381
Latitude
40.7543
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
$0.00
$1,200
$4,300
$5,500
-
$2,222
$7,963
$10,185
More about this property
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