1970 Montauk Hwy - Restaurant FOR SALE


Bridgehampton, NY 11932
$8,900,000 USD
212-673-7455
1970 Montauk Hwy, Bridgehampton, NY for Sale
$8,900,000 USD
Restaurant - FOR SALE
1/35
null | Request Cap Rate

1970 Montauk Hwy
Bridgehampton, NY 11932


OVERVIEW

Turn-key mid-century modern designed restaurant property with a fully equipped state-of-the-art bakery facility on the lower level and two wallpapered bathrooms including handicap. A newly renovated accessory garage is now a certified commercial retail shop w/ HVAC, a seasonal zoned cottage to be upgraded and 26 on premise parking spaces (additional parking permitted on highway). Legal capacity for the restaurant is 102 seats, 12 bar stools and an additional 30 seats on the outdoor Brazilian wood deck with handicap ramp, and a luxuriously loaded renovated private apartment, a staircase above the restaurant. Property has high visibility from the highway yet rear views of the pond, woods, the retail bakery shop and sunset from north panoramic picture windows of the restaurant. Gut renovated, upgraded, cleared and landscaped in 2019.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$3,331 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

OD

APN/PARCEL ID

0900-083-00-01-00-024-000

ASK ABOUT THIS PROPERTY

Susan MeiselSusan MeiselMore Info
212-673-7455

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Susan MeiselSusan MeiselMore Info
212-673-7455

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