131 W Montauk Hwy Local commercial 372 m² À vendre Hampton Bays, NY 11946 2 190 550 € (5 894,72 €/m²)

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.