Centrally located in the heart of Southampton Villageâ??s Business District, this well-maintained commercial building offers approximately 2,700 SF of main-level retail/office space plus 1,600 SF of high-ceiling basement and private off-street parkingâ??a rare Village amenity. The building includes one full bath on the ground floor and a half bath upstairs, with two-zone central heating and cooling, natural gas service, and a backup generator. The property presents an excellent opportunity for an investor or owner-user, suitable for retail, office, gallery, studio, or professional service use, with pro forma NOI of ~$150,500 and cap rate of ~6.1% at the $2,450,000 asking price.
Details:
Property Type:
House
Acres:
0.26
Built:
1990
Financials:
Price:
$2,450,000
Taxes:
$6,284
Daniel Gale Sotheby's Robert Florio Office: 631-288-1050