For Sale
$3,000,000

133 Montauk Hwy Hampton Bays, NY 11946

5,000 SF Vacant Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5,000-square-foot office building presents a compelling value-add investment opportunity in the vibrant heart of Hampton Bays, NY. Situated on a sizable 0.84-acre lot, this single-story, Class B property boasts ample parking (8.2 spaces per 1,000 sq ft), a significant advantage in this desirable location. Currently vacant, the building offers immediate potential for lease-up or redevelopment. Built in 2001, the property is zoned OD and features a convenient location near major retailers including Regal Movies, King Kullen, and more, ensuring high visibility and accessibility. Its proximity to the Hampton Bays LIRR station further enhances its appeal. The asking price is $3,000,000, translating to $600 per square foot. This represents a unique chance to acquire a versatile property suitable for executive, medical, or traditional office uses, offering significant upside potential for the discerning investor. The property is available for occupancy July 1, 2024. This fee-simple ownership opportunity provides complete control and flexibility for future development or leasing strategies. The property's size and location make it an ideal candidate for a variety of uses, catering to the growing demand for commercial space in this thriving community.

Highlights

  • 0.84-acre lot with +/- 5,000 square feet of building space.
  • Currently vacant.
  • Hampton Bays location with ample parking (8.2 spaces per 1,000 SF).
  • Convenient proximity to the Hampton Bays LIRR station.

Property Details for 133 Montauk Hwy

Property type
Office properties, Medical offices
Square Feet
5,000 SF
Class
B
Year Built
2001
Buildings
1
Stories
1
Lot Size (sq. ft)
36,590 SF
Units
1

Location Insight

City
Hampton Bays
County
Suffolk
State
New York
Latitude
40.876826433767
Longitude
-72.530765748636

FAQs

What type of property is this?
Office property - 5,000 SF Vacant Office, Value-Add Opportunity
Where is the office property located?
The property is located at 133 Montauk Hwy Hampton Bays, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 0.84-acre lot with +/- 5,000 square feet of building space.; Currently vacant.; Hampton Bays location with ample parking (8.2 spaces per 1,000 SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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133 Montauk Hwy
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