137 Montauk Hwy - Light Manufacturing FOR SALE


Westhampton, NY 11977
$5,399,000 USD
631-872-0280
137 Montauk Hwy, Westhampton, NY for Sale
$5,399,000 USD
Light Manufacturing - FOR SALE
1/3
null | 4.83% Cap Rate

137 Montauk Hwy
Westhampton, NY 11977


HIGHLIGHTS

  • 5-7%+ escalations, below market rents +++ upside
  • Highly sought after use in subject market - rare zoning
  • Solid demographics, great location, easy access to all
  • Turn-Key

OVERVIEW

Westhampton, NY – 13000+/- sq. ft, 100% occupied, Turn-Key - Rare find in Hamptons. Great tenant-base, solid leases, and escalations of 5-7%. Uses include but are not limited to; Specialty trade, contractor, warehouse, Flex, Storage, office, industrial, showroom, retail, professional, creative...Ideal for investor, end user or combination. Post purchase property management available separately.

FOR SALE DETAILS

PRICE

$5,399,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

4.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

undefined, Warehouse, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

Lighting, Gas - Propane, Water - City, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

Commercial

APN/PARCEL ID

0900-369-00-03-00-006-000

ASK ABOUT THIS PROPERTY

Lawrence CitarelliFirst Hampton International RealtyMore Info
631-872-0280

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

Lawrence CitarelliFirst Hampton International RealtyMore Info
631-872-0280

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