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74 Montauk Hwy
Amagansett, NY 11930 Outlying Eastern Suffolk

$20,001 USD/MO

Restaurant For Lease  •  2,830 SF

Property Details

  • Property Type Restaurant
  • Year Built 1960
  • Total Building Size 2,830 SF
  • Building Class C
30 Transit Score
30 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 2,830 SF $84.81 USD/SF/YR
$240,000 + NNN for Multi-Year (Taxes $13,919)
$175,000 + NNN for May 22, 2026 to Sept. 15, 2026 (only available for 2026 as a seasonal)
$700,000 Key-Money

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

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.

Highlights

Iconic Amagansett Restaurant For Lease
Turnkey 126+ Seat Indoor / Outdoor Dining on 0.77 Acres
South-of-the-Highway Restaurant Opportunity
Turnkey Kitchen + Full Prep Infrastructure
Renovated Building With Indoor/Outdoor Flow
Ample Parking + Functional Site Layout

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Amagansett Station (Montauk Branch - Long Island Rail Road) 3 min 18 min 0.9 mi
East Hampton Station (Montauk Branch - Long Island Rail Road) 6 min - 2.6 mi
Transit/SubwayDriveWalkDistance
Amagansett Station (Montauk Branch - Long Island Rail Road) 2 min 18 min 0.9 mi
Hal Zwick 631-678-2460 HCRE
Hal Zwick 631-678-2460 HCRE