93 Montauk Hwy, Hampton Bays, NY 11946-1816
This exceptional 2.2-acre commercial land parcel, located at 93 Montauk Highway in Hampton Bays, New York (zip code 11946), presents a unique investment opportunity. The property boasts 515 feet of highway frontage and is zoned for highway business use. The site includes a 2,700 square foot building with a full basement and a drive-thru. An additional 2,730 square foot building is also present. Importantly, the two parcels comprising this property are severable, offering flexibility for development or subdivision. An approved site plan exists for the existing building, allowing for an expansion of 7,000 square feet of new construction. The total buildable area, including the existing structures and approved expansion, is 96,179 square feet. This property is offered at an asking price of $2,950,000 and presents significant potential for a variety of commercial ventures given its size, location, and existing infrastructure. The property's highway visibility and ample space make it ideal for a range of businesses seeking high traffic exposure in a desirable location. The approved site plan simplifies the development process, reducing potential delays and costs. This is a rare opportunity to acquire a substantial commercial property in a thriving area of Long Island.
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Ultra Roofing & Masonry Roofing Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB · Hampton Bays, NYHampton Bays. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.