Hal Zwick
This listing was posted on Hal Zwick (via ListedBuy).
$14,250,000
East Hampton, Suffolk County, NY Commercial Property, Homesites for sale
Price:
$14,250,000
BR/BA:
1 BR
View Map
Description:
105-107 Newtown Lane (the "Property") is prime, mixed-use asset. The Property is one of the largest commercial, mixed-use buildings in East Hampton. It includes three street-level commercial units, eight 1 bedroom saleed residential apartments, and a separate 4-bedroom, 4-bathroom saleal house. The property is fully leased. The property is 9,342 SF (0.21 acres) with 10,900 SF of Gross Floor Area in the main building plus a 3,000 SF of basement space. This 10,900 SF is split roughly into 6,800 SF of residential space and 4,100 SF of commercial space. In addition, the 1150 sf of garage space may be converted to dry retail. The Property has an excellent location on one of East Hampton's main high streets - Newtown Lane. The site is located on Newtown Lane and the corner of Railroad Avenue. It's within short walking distance of Main Street in the Village of East Hampton. East Hampton's train way station is located diagonally opposite the property. This location has driven absorption such that there has not been a vacancy in a decade. There are no un-utilised development rights available today however in 2-4 years, the town will install a sewer system which will allow for more density throughout town. Thereafter, we believe additional development opportunities will materialize at that time. Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Sq feet:
4,100 sq. ft.
Amenities:
Parking
For sale by:
Agent/Broker
Agent Name:
Hal Zwick
Posted:
February 4 on ListedBuy
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More About this Listing: East Hampton, Suffolk County, NY Commercial Property, Homesites for sale
East Hampton, Suffolk County, NY Commercial Property, Homesites for sale is a One Bedroom Commercial Real Estate for Sale at 105 Newtown Lane in East Hampton NY. Find other listings like East Hampton, Suffolk County, NY Commercial Property, Homesites for sale and listings near 105 Newtown Lane by searching Oodle Classifieds for One Bedroom Commercial Real Estate for Sale in East Hampton NY.
East Hampton, Suffolk County, NY Commercial Property, Homesites for sale is a One Bedroom Commercial Real Estate for Sale at 105 Newtown Lane in East Hampton NY. Find other listings like East Hampton, Suffolk County, NY Commercial Property, Homesites for sale and listings near 105 Newtown Lane by searching Oodle Classifieds for One Bedroom Commercial Real Estate for Sale in East Hampton NY.