74 Montauk Hwy
Amagansett, NY 11930
Retail Property For Lease · 2,830 SF

South-of-the-Highway Restaurant Opportunity – Located south of the highway in Amagansett, this fully built-out restaurant offers a rare turnkey leasing opportunity in one of the Hamptons’ most desirable dining corridors. The layout accommodates 126 seats across interior dining and an expansive open patio (96 Inside / 30 Outside - can be altered accordingly), creating a flexible service environment well suited for both seasonal peaks and year-round operation. Turnkey Kitchen + Full Prep Infrastructure – The oversized kitchen space includes newer professional equipment and updated mechanicals, allowing an operator to step in with minimal upfront investment. A full finished basement with legal prep area supports catering, expanded food production, and event service, while multiple walk-ins enhance operational efficiency. Office space and back-of-house areas further support day-to-day management and staffing. Renovated Building With Indoor/Outdoor Flow – The ±2,830sf main level is complemented by a finished lower level, creating a practical layout for both guest-facing and operational uses. Renovated in 2020, the property features updated systems, ceramic tile flooring, central A/C, and gas service. The open patio extends the dining experience outdoors and provides additional seating capacity and private event flexibility. Ample Parking + Functional Site Layout – Set on 0.77 acres, the property includes 31 on-site parking spaces, including accessible parking, providing convenient guest access and operational ease. The site’s size and layout support smooth circulation for both staff and patrons - an increasingly rare amenity in Hamptons restaurant locations. Flexible Lease Terms – The property is currently offered with flexible lease structures, including both seasonal and multi-year availability. A multi-year term is offered at $240,000 base rent asking + $700,000 key money asking (which would provide ownership of all of the equipment), and a full season option at $175,000 base rent (seasonal only available for 2026). This turnkey restaurant opportunity in one of the most supply constrained regions in the Hamptons. Amagansett, with its high-caliber, small-town feel, is eagerly waiting for its next iconic restaurant. SURROUNDING TENANTS: Jack’s Stir Brew Coffee, Meetinghouse, Warm, Amagansett Hardware, Stephen Talkhouse, La Fondita, Zakura Inquire with the Hamptons Commercial RE Team for additional information.