Address
521 Montauk Highway, Amagansett, NY
Price
$ 7,950,000
Property Attributes
  • MLS#3483881
  • TypeCommercial
  • CountySUFFOLK
  • CityAmagansett
  • Zip11930
  • Style
  • Year Built1975
  • Taxes$ 15282
  • Price$ 7,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21780
  • Lot Size0.5 Acres
Data Source:
OneKey® MLS
Property Description

Excellent Opportunity to buy or lease this Commercial property situated in the heart of Amagansett, in East Hampton Township. This 1.50 Acre property consists of 2 lots with 171 feet of frontage that is home to a 5,000 SF former restaurant that allows seating up to 186 people. Parking plan 80+ cars. Updates include steel and structural work, new windows and doors, phase 3 electric, 3000 propane tank, and HVAC. Building is considered "warm dark shell" and ready for your business! Seller can retrofit or build out. Near LIRR, Village, Ocean beaches and last stop before Montauk. Ideal location for use as restaurant, wine bar, brewery, convenience store, grocery, general store, furniture or design showroom, medical use or nearly any retail commercial use with site plan approval. Brand new apartment complex right next door! Highly desirable demographic with daily traffic counts of 14K cars passing and doubled in the spring/summer season. Many possibilities for use!

Price History
6/9/2023 Listed $7,950,000

General Features

Standard Status Active

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11930

Price
AVG $7.95M
$7.95M
Taxes
AVG $15,282
$15,282
Visits
AVG 249
249
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1975
Walkscore
AVG 37
35
Data Provided by Walkscore® not using MLS data

Your Agent

Michael G Murphy

631-858-2405

Listed By
Melissa Principi with Douglas Elliman Real Estate - 631-745-0875
Fair Housing Icon NY Fair Housing Notice