649 Montauk Hwy
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649 Montauk Hwy
3,000 SF 100% Leased Office Building Montauk, NY 11954 $4,200,000 ($1,400/SF) 3.05% Cap Rate
Investment Highlights
- Great frontage on Montauk Highway.
- Water views create a picturesque location.
Executive Summary
Montauk office property with incredible views and natural light.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
3,000 SF
Building Class
C
Year Built
1985
Price
$4,200,000
Price Per SF
$1,400
Cap Rate
3.05%
NOI
$128,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Building FAR
0.35
Lot Size
0.20 AC
Zoning
Commercial - Commercial
Parking
12 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 0300-048-00-03-00-041-000 | Improvements Assessment | $4,875 |
| Land Assessment | $600 | Total Assessment | $5,475 |
PROPERTY TAXES
Parcel Number
0300-048-00-03-00-041-000
Land Assessment
$600
Improvements Assessment
$4,875
Total Assessment
$5,475
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649 Montauk Hwy
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