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Executive Summary

1385 Montauk Highway presents a rare opportunity to acquire an income-producing commercial property strategically positioned within the evolving Montauk Highway redevelopment corridor in East Patchogue. The property benefits from the current J-6 zoning framework and is located within both the Bellport corridor planning area and the Hagerman Hamlet Overlay, supporting long-term mixed-use redevelopment potential subject to approvals and future sewer expansion.
Currently operating as a successful auto salvage and dismantling facility, the property offers immediate cash flow while allowing investors to position for future appreciation and redevelopment possibilities. Ownership is willing to consider flexible seller financing structures as well as a potential lease-back arrangement, creating additional acquisition flexibility for qualified buyers.
Conceptual redevelopment scenarios previously explored include ground-floor commercial space with residential units above, taking advantage of the corridor’s long-term growth trajectory and strategic Montauk Highway frontage. This is a unique opportunity to secure a functioning business asset today while participating in one of the South Shore’s emerging redevelopment corridors.

Attachments

Developer Presentation

Property Facts

Price $8,162,945 CAD
Price Per SF $6,802.45 CAD
Sale Type Investment or Owner User
Sale Conditions
Business Value Included
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.14 AC
Rentable Building Area 1,200 SF
No. Stories 1
Year Built 1947
Tenancy Single
Cross Streets Narragansett
Opportunity Zone Yes
Zoning J-6 zoning - J-6 zoning for commercial/multi-family development
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0200-975-80-03-00-041-002
  • 0200-975-80-03-00-041-003
  • 0200-975-80-03-00-042-000
Land Assessment
$1,384 CAD
Improvements Assessment
$3,390 CAD
Total Assessment
$4,773 CAD
  • Listing ID: 40676572

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 1385 Montauk Hwy, East Patchogue, NY 11772

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