32 Lighthouse Rd

32 Lighthouse Rd, Hampton Bays, NY 11946
  • Sale Type: Investment or Owner User
  • Sale Condition: Business Value Included
  • Property Type: Retail
  • Property Subtype: Restaurant
  • Building Size: Restaurant
  • Building Class: Restaurant
  • Year Built/Renovated: 4,000 SF
  • Price: 4,000 SF
  • Price Per SF: B
  • Tenancy: 1900/2000
  • Building Height: $3,995,000
  • Land Acres: Single
  • Zoning: RWB – Resort
  • Parking: 40 Spaces (10 Spaces per 1,000 SF Leased)
  • Opportunity Zone: No
  • Property Description

    Iconic Restaurant & Inn sitting directly on Shinnecock Bay in Hampton Bays. The complex consists of 6 buildings: the main inn structure holds a 117 seat restaurant, along with indoor and outdoor seating right on the water. Full basement for dry storage. The full acre property provides ample room for tented catered events. The cottages consist of 6 studio’s and 3, one-bedroom suites with kitchens. There are also 4 guest rooms on the second floor of the large building. The site is complemented by a 3-bedroom staff house. Overall, this is a pre-existing gem impossible to recreate. Having a waterfront, flat parcel overlooking the bay and a stone’s throw from Dune Road, with this much usage potential for a restaurant and resort group, the possibilities are endless.

    ABOUT ADDRESS

    This unique waterfront property has a 125 ft dock wiht 140 feet of bulkhead.
    There are unobstructed views of the bay.
    Waterfront Property W 140 Ft Bulkhead & A 125 Ft Dock. Cottages , Inn Rooms, and Paddle Board Rental Income is approximately $300,000. Call today!
    Just shy of an acre (.89 acre)
    Unobstructed bay views
    Catering on lawn holds 250-300 guests
    140ft bulkhead
    125ft dock
    Waterfront business CO
    Main House:
    Turnkey restaurant: 92 Seats
    Bar: 25 Seats
    Outdoor porch for dining
    Inn: 3 Suites plus 1 single room with bath
    45 parking spots
    Basement w/laundry, storage, bath, office
    Rental Cottages:
    6 Buildings with 9 units (All Water Views)
    – 3 buildings with full kitchen/living room, 1 bedroom, 1 bath w/deck
    – 3 buildings with 2 units: single rooms with bath and deck
    Staff Housing & Paddle Board Rental Office
    3 bedroom house trailer w/ accessory office
    Accessory boat rental permit

    Financials

  • Financial Summary (Actual – 2018): Annual
  • Taxes: $41,623
  • Operating Expenses:
  • Total Expenses: $41,623
  • Investment Highlights

  • Hamptons Waterfront Restaurant, Bar, Inn, & Rental Cottages
  • Transportation

  • Commuter Rail:
    Hampton Bays Station Commuter Rail (Montauk Branch)7 min drive2.5 mi
  • MAP