449 Montauk Hwy - Freestanding FOR SALE


East Moriches, NY 11940
$1,499,000 USD
631-585-8500
449 Montauk Hwy, East Moriches, NY for Sale
$1,499,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

449 Montauk Hwy
East Moriches, NY 11940


HIGHLIGHTS

  • Mixed Use, Heavily travelled Montauk Hwy, 2 Acres

OVERVIEW

Two parcels totaling 2.5 acres, with more than 120 feet of frontage on Montauk Hwy in quaint downtown East Moriches. The front parcel is .38 acre, zoned commercial with maximum visibility - approx. 500 ft. east of Atlantic Ave, just before the bend headed towards Eastport, Speonk and the Hamptons. On the front parcel sits a unique and historical Victorian home built in the late 1800s, beaming with charm and potential. A must-see! Featuring 3 bedrooms and 3 full bathrooms including a primary en-suite, original hardwood floors, plaster walls and hand-crafted crown moldings, high ceilings, 2 wood-burning fireplaces made from black Italian marble, eat-in-kitchen, formal dining room and panoramic views of Main Street from its 3rd story widow's peak, plus natural gas heating. Large U-driveway makes for easy access to and from the road.The back parcel is 2.12 acres, zoned residential, flat and only partially wooded. It includes a large outbuilding/garage which once functioned as a barn and later on as an antique shop, also heated with natural gas. Both properties are being sold together, but with proper permits offer the opportunity for commercial use directly on Main Street, and a possible flag lot in the rear where more than one home could potentially be built. Taxes listed are for both parcels combined. Survey attached is from 2019. By appointment only!

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$378 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

J2/Residential

APN/PARCEL ID

0200-832-00-01-00-015-003

ASK ABOUT THIS PROPERTY

Eric BoorumDouglas EllimanMore Info
631-585-8500

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Eric BoorumDouglas EllimanMore Info
631-585-8500

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