131 W Montauk Hwy - Restaurant FOR SALE


Hampton Bays, NY 11946
$2,500,000 USD
212-430-5196
131 W Montauk Hwy, Hampton Bays, NY for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

Jan '27


131 W Montauk Hwy
Hampton Bays, NY 11946


HIGHLIGHTS

  • The Subject Property sits on a 0.63-acre parcel and contains approximately 4,000 square feet of retail space.
  • The property benefits from strong on-site parking 7.75 spaces per 1,000 SF.
  • The building is currently occupied by Matsulin, with just over two years remaining on the existing lease.
  • Predictable near-term cash flow today while also positioning the asset as a compelling end-user opportunity upon lease expiration.
  • Near LIRR Station.

OVERVIEW

Marcus & Millichap is proud to present for sale 131 W Montauk Highway (“Subject Property”), a well-located retail asset in the heart of Hampton Bays, NY. The Subject Property sits on a 0.63-acre parcel and contains approximately 4,000 square feet of retail space. The building is currently occupied by Matsulin, with just over two years remaining on the existing lease. This structure provides flexibility for investors—offering predictable near-term cash flow today while also positioning the asset as a compelling end-user opportunity upon lease expiration. The existing restaurant space is well-maintained, functional, and presents well to both operators and customers. Its clean layout, quality build-out, and strong curb appeal make it immediately usable for a wide range of food-service concepts, reducing downtime and conversion costs for a future occupant. The property benefits from strong on-site parking (7.75 spaces per 1,000 SF) and a highly visible location along Montauk Highway. Surrounding national retailers include Regal Cinemas, King Kullen, Life Storage, Dunkin’, 7-Eleven, and numerous other daily-needs and destination tenants that drive consistent traffic throughout the trade area. Local demographics underscore the strength of the market, with average household incomes exceeding $153,000 within a three-mile radius. Additional information is available upon request.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

OD

APN/PARCEL ID

0900-222-00-01-00-035-001

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.