Promised Land, NY Restaurants for Rent & Lease

Updated: Mar 25

Restaurant Building with Patio

74A Montauk Highway, Amagansett, NY 11930

$48,611/Mo

2,830 sqft 0.77 AC lot

2830 SF former diner on a 0.77‑acre property
Indoor seating for 100+ guests plus an outdoor patio
Bar, new kitchen equipment, updated mechanicals, and multiple walk‑ins
Full basement with a legal prep area for catering and off‑site production
31 parking spots on site

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Updated: Mar 28

Turnkey Restaurant with Open Patio

74 Old Montauk Hwy, Amagansett, NY 11930

Contact for pricing

2,830 sqft 0.77 AC lot

Fully built‑out South‑of‑the‑Highway restaurant at 74A Montauk Highway in Amagansett
126‑seat layout with interior dining plus an open patio (96 inside / 30 outside; alterable accordingly)
Oversized kitchen with newer professional equipment, multiple walk‑ins, and full finished basement with legal prep area
Renovated in 2020 with ceramic tile flooring, central A/C, and gas service
2,830 SF main level plus finished lower level, with indoor/outdoor flow and office/back‑of‑house areas

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Promised Land, NY, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Equipped Restaurant with Large Kitchen

341-345 Bank St, New London, CT 06320

$4,000/Mo

4,330 sqft

Restaurant space with a large, fully equipped kitchen, bar seating for 20, and dining for 180.

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Restaurant and Bar with Patio

40 & 21 Bowden Square, Southampton, NY 11968

$26,785/Mo

8,800 sqft 1.30 AC lot

Fully equipped kitchen, multiple dining areas, and substantial on-site parking support restaurant operations.

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Renovated End-Cap Retail Space

17 Windmill La, Southampton, NY 11968

$8,333/Mo

1,087 sqft

Renovated commercial space with a bakery workspace, delivery access, and Village Business zoning.

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Waterfront Restaurant with Outdoor Deck

52 Bank St, New London, CT 06320

Contact for pricing

3,632 sqft

Renovated restaurant/bar with large deck and water views.

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Promised Land, NY Restaurants Lease Rates & Market Statistics

Explore 2 Restaurants for lease in Promised Land, NY on Realmo, a commercial real estate exchange covering the Promised Land area. The current inventory totals 5,660 square feet of properties.

Restaurants lease rates in Promised Land range from $206.12 SF/Yr at the entry level to $206.12 SF/Yr at the top of the market, averaging $206.12 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $206.12 SF/Yr, the local average runs 220% above New York's state average of $64.38 SF/Yr.