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500 Montauk Hwy
East Hampton, NY 11937
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Major exposure on Montauk Highwaty
- Flexible uses allowe
- Deep building parcel
EXECUTIVE SUMMARY
Mixed-use site -- retail plus residential / office. The parcel can be redeveloped to create a 9,000+ sf structure.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,413 SF
Building Class
C
Year Built
1965
Price
$5,000,000
Price Per SF
$1,133.02
Percent Leased
32%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.27 AC
Zoning
Commercial - Zoned Neighborhood Business - allows retail, food (with upgraded septic system, office, etc.
All dependent upon town and Health department approvals
Parking
15 Spaces (3.51 Spaces per 1,000 SF Leased)
Frontage
181’ on Montauk Hwy
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0300-166-00-06-00-005-000 | Improvements Assessment | $7,300 |
| Land Assessment | $4,500 | Total Assessment | $11,800 |
PROPERTY TAXES
Parcel Number
0300-166-00-06-00-005-000
Land Assessment
$4,500
Improvements Assessment
$7,300
Total Assessment
$11,800
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