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This exceptional offering presents two adjacent waterfront properties in Eastport, NY, totaling 7,500 net rentable square feet on approximately 1.5 acres. 56 S Bay Ave houses a renowned restaurant with 90 legal seats, 15 boat slips, and 2,500 square feet of indoor space plus 500 square feet of waterfront decking. Its prime location on Moriches Bay, ample parking, and fine American-Continental cuisine have established a loyal following. Directly adjacent, 58 S Bay Ave features a stunning 4,900 square foot event hall with 120 legal seats, vaulted ceilings, panoramic waterfront views, and 800 square feet of decking. This versatile space, complete with private rooms, an elevator, and a full commercial kitchen, is ideal for weddings, private parties, and other large-scale events. Both properties boast high-end mechanical systems, ample storage, and are fully turnkey, ready for immediate operation. The combined annual town taxes are $59,166.14. The properties are zoned for Resort Business use and are available for occupancy on January 16, 2024. The asking price for this unique opportunity is $6,875,000. Tax ID numbers are 473689 365.000-0001-013.000 and 473689 365.000-0001-020.001. Nearby establishments include Remsenburg Marina, Eastport Music Scene, and several local businesses.
Highlights
Two adjacent waterfront properties totaling 7,500 net rentable square feet on ~1.5 acres in Eastport, NY.
56 S Bay Ave: Established restaurant with 90 seats, 15 boat slips, 2,500 SF indoor space, and 500 SF waterfront decking.
58 S Bay Ave: 4,900 SF event hall with 120 seats, vaulted ceilings, waterfront views, 800 SF decking, private rooms, elevator, and full commercial kitchen.
Both properties are fully turnkey, feature high-end mechanical systems, ample storage, and are zoned for Resort Business use.
Combined annual town taxes: $59,166.14; Asking price: $6,875,000; Available January 16, 2024.
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Contacts
Hal Zwick
Jeffrey Sztorc
Sean Deery
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56 Bay Ave, Eastport, New York, 11942
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.