494 & 500 Montauk Highway East Quogue, NY $ 2,400,000
494 & 500 Montauk Highway
$ 2,400,000
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494 & 500 Montauk Highway

East Quogue, NY, 11942
$ 2,400,000
Baths0.0 Sq 55,322

Monthly Estimate*

$ 16,765

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Studio

Commercial Property for sale in East Quogue, NY

for $2,400,000. This 55,322 square foot building was built on a lot size of 1.27.

Opportunity to purchase a 2,512 sq ft Building with a newer 50 year metal roof and newer propane gas furnace on .26 of an Acre on highly-trafficked Montauk Hwy with additional 1.01 adjacent lot included in the asking price of $2.4 million. Zoned Village Business. The Hardware store business and inventory, other than the machinery rental business, may also be included for a total asking price of $2.6 million. The Building, Business and Inventory is also offered at $1,650,000. The Land is zoned 54.5% Village Business and 45.5% Residential. The Store is zoned Village Business. Great for Contractors, who may require outdoor storage, Investors or Developers. The 1.01 Acre lot can not be sold separately, however, the Buyer has an option to lease it, if so desired. Use your imagination to create your business in this wonderful Hamlet in the Hamptons!

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Commercial Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.27

Town/City

East Quogue

County/Region

Suffolk

MLS | Web ID

3423505

Features
General
Standard Status Active
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* Excluded Features
List By
Richard Connelly

Listing Agent

Douglas Elliman Real Estate

Broker

richard.connelly@elliman.com

Email

Affordability Calculator

$16,765
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2023$2,400,000 Listed Price

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494 & 500 Montauk Highway, East Quogue, NY, 11942 is a Commercial Property for sale at $2,400,000 with 55,322 sqft and a lot size of 1.27. 494 & 500 Montauk Highway is a studio with 0.0 baths. The property's zip code is 11942 which is in East Quogue, NY