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45 S Euclid Ave

3,000 SF of Retail Space Available in Montauk, NY 11954

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,000 SF
  • Negotiable
  • $61.67 /SF/YR $5.14 /SF/MO $185,010 /YR $15,418 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • High End Trophy Space
  • Anchor Space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Basement
  • DDA Compliant
  • Hardwood Floors
  • Yard
  • Display Window
  • Activity License
  • Ventilation - Venting
  • Smoke Detector
  • Wheelchair Accessible
Space Size Term Rental Rate Rent Type
1st Floor 3,000 SF Negotiable $61.67 /SF/YR $5.14 /SF/MO $185,010 /YR $15,418 /MO Triple Net (NNN)

1st Floor

Size
3,000 SF
Term
Negotiable
Rental Rate
$61.67 /SF/YR $5.14 /SF/MO $185,010 /YR $15,418 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • High End Trophy Space
  • Anchor Space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Basement
  • DDA Compliant
  • Hardwood Floors
  • Yard
  • Display Window
  • Activity License
  • Ventilation - Venting
  • Smoke Detector
  • Wheelchair Accessible

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 45 S Euclid Ave , Montauk, NY 11954

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 3,000 SF
Year Built 2022
Parking Ratio 2/1,000 SF

About the Property

Located at 45 South Euclid Ave, this newly constructed building is in a prime Montauk location surrounded by shops, bars, and restaurants. Zoned for Central Business, the space comprises three fully finished levels and provides just under 3,000sf of versatile space. The main level features a beautiful great room with an open kitchen, complete with a large center island, Miele and Wolf appliances, white Carrera marble countertops, and a versatile open commercial-use area suitable for living, retail, office, or other purposes. Upstairs, the property boasts two separate bedrooms, two baths with Lefroy Brooks fixtures, and a private balcony. Additional features include open office space and a powder room, with access to a full-height loft that spans the length of the building, perfect for additional storage. The lower level is fully finished, with two egresses providing ample natural light. It includes a half bathroom, laundry room, & storage/mechanical room. Constructed with top-of-the-line materials, this building offers five HVAC zones, radiant heated wood floors, & high-grade appliances and fixtures.

  • Air Conditioning

Nearby Major Retailers

Chase Bank
Dime Community Bank
IGA Supermarket
Flagstar
SoulCycle
  • Listing ID: 33586467

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 45 S Euclid Ave, Montauk, NY 11954

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