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716 Montauk Hwy 9,600 SF 100% Leased Retail Building Montauk, NY 11954 $9,975,000 ($1,039.06/SF)
INVESTMENT HIGHLIGHTS
- Iconic Main Street Retail Complex in the Heart of Montauk
- Unbeatable Location with Maximum Visibility and Foot Traffic
- Diverse Tenant Mix with a Strong Rent Roll
EXECUTIVE SUMMARY
Two-Story Multi-Tenant Asset – This 9,600sf building spans two floors on a 0.32-acre parcel, offering ample rear parking for both tenants and patrons. The property has been thoughtfully upgraded and features a striking, contemporary facade, standing out as one of the few large-scale commercial buildings in Montauk’s retail landscape.
Unmatched Main Street Presence – With 120 feet of frontage in the heart of Montauk’s retail shopping district, this building holds a commanding position in one of the most heavily trafficked areas of Montauk. Its visibility, access, and scale make it a rare investment opportunity in one of the Hamptons’ most active and iconic commercial markets.
Premier Retail Leasing Destination – This is the most sought-after retail space for tenants in Montauk, with consistent demand from top-tier local and regional operators. The current tenant mix includes long-standing restaurants, take-out food concepts, and lifestyle retailers, offering a well-balanced and diversified income stream.
Surrounding Businesses:
Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box,
Muse @ The End, Aqualina Inn Montauk, Sel Rose Montauk, Sole East
Please inquire exclusively with the Hamptons Commercial RE Team for additional information.
Unmatched Main Street Presence – With 120 feet of frontage in the heart of Montauk’s retail shopping district, this building holds a commanding position in one of the most heavily trafficked areas of Montauk. Its visibility, access, and scale make it a rare investment opportunity in one of the Hamptons’ most active and iconic commercial markets.
Premier Retail Leasing Destination – This is the most sought-after retail space for tenants in Montauk, with consistent demand from top-tier local and regional operators. The current tenant mix includes long-standing restaurants, take-out food concepts, and lifestyle retailers, offering a well-balanced and diversified income stream.
Surrounding Businesses:
Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box,
Muse @ The End, Aqualina Inn Montauk, Sel Rose Montauk, Sole East
Please inquire exclusively with the Hamptons Commercial RE Team for additional information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,600 SF
Building Class
C
Year Built/Renovated
1997/2019
Price
$9,975,000
Price Per SF
$1,039.06
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.32 AC
Parking
43 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
120’ on Main St
AMENITIES
- Bus Line
- Courtyard
- Restaurant
- Signage
- Tenant Controlled HVAC
- Skyway
- Accent Lighting
- Air Conditioning
- Balcony
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0300-049-00-04-00-034-001 | Improvements Assessment | $23,675 |
| Land Assessment | $2,400 | Total Assessment | $26,075 |
PROPERTY TAXES
Parcel Number
0300-049-00-04-00-034-001
Land Assessment
$2,400
Improvements Assessment
$23,675
Total Assessment
$26,075
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716 Montauk Hwy
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