East Hampton NY Commercial for Sale
$7,950,000
521 Montauk Hwy East Hampton, NY 11937
- Type:
- General Commercial
- Sq.Ft.:
- 5,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- L3483881
View additional info
Courtesy: Douglas Elliman Real Estate
631-354-8100
ADDITIONAL INFORMATION
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!
Listings courtesy of One Key MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024, OneKey MLS, Inc. All Rights Reserved.
East Hampton Real Estate
The median home value in East Hampton, NY is $1,845,000. This is higher than the county median home value of $565,700. The national median home value is $338,100. The average price of homes sold in East Hampton, NY is $1,845,000. Approximately 40.28% of East Hampton homes are owned, compared to 9.04% rented, while 50.68% are vacant. East Hampton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Hampton real estate agent to arrange a tour today!
East Hampton, New York has a population of 27,626. East Hampton is less family-centric than the surrounding county with 23.24% of the households containing married families with children. The county average for households married with children is 32.94%.
The median household income in East Hampton, New York is $125,861. The median household income for the surrounding county is $111,660 compared to the national median of $69,021. The median age of people living in East Hampton is 46.7 years.
East Hampton Weather
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 47 inches per year, with 26.1 inches of snow per year.