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20. Mixed Use Compound Available
1. Mixed Use Compound Available
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Nova YorkHampton BaysMixed Use Compound Available

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Descrição

Mixed Use Compound Available,

Hampton Bays, NY 11946

Highly Visible Mixed Use Investment Property Compound in Shinnecock Hills. Iconic Site With Multiple Income Streams - This 0.316-acre property offers a rare blend of grandfathered retail and residential spaces in an R-20 zoning. As built, the site offers ~5,200sf of space split between a front building (1,700sf wet retail unit & 1,700sf of second floor apartments) and an 1,800sf two-story back house. The site is well utilized with great potential upside. Wet Retail Space With Back Patio & Basement - The 1,700sf wet retail space offers a clean open layout, kitchen, back patio, two bathrooms, and a basement. The interior has an 84-person occupancy with additional potential seating outside on the patio. The basement has a walk-in fridge and an ice maker with potential for conversion to prep space. High-Demand Residential Rentals - The property's eight efficiency apartments (four on the north side and four on the south side of the building) feature studio layouts with kitchenettes and full bathrooms, appealing to a broad tenant base and supported by consistent demand. Additionally, the detached home at 5 Bayberry Dr offers a two-story layout with a private driveway, creating even more rental income potential. The property's Certificate of Occupancy mentions "Boarding" style apartments which allows for expanded flexibility in how the units can be rented. Prime Accessibility & Parking - The site provides convenient parking with designated spaces for retail patrons and staff, plus ample street parking for apartment tenants. Its central position on North Rd offers easy access ideal for year-round and seasonal visitors. This property is an ideal investment with the ability to operate as is or transform the site into a unique experience. Shinnecock Hills is underserved in retail & would patronize this business.

Hamptons Real Estate

Amagansett

Bridgehampton

Center Moriches

Dering Harbor Village

East Hampton North

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East Moriches

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Eastport

Flanders

Hampton Bays

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Manorville

Montauk

Moriches

Napeague

North Haven Village

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Remsenburg Speonk

Riverside

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Orient

Peconic

Riverhead

South Jamesport

Southold

Town of Riverhead

Town of Southold

Wading River

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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10
Full Baths
2
Partial Baths
$3,650,000
price
$702
Price Per Sqft
Commercial
Tipo de propriedade
1984
Ano de construção
Tuckahoe Common
Distrito Escolar
Tuckahoe Common
Distrito Escolar
tuckahoe-common-school-district-southampton-ny
Schools
Tuckahoe Common
Médio
917890
Id da web
278
Days Posted

Histórico de preços

datepricevariancetype
11/24/2024$3,650,000-Listados
5,200 pé²
interior
0.32 Acres
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Mixed Use Compound Available
87 North Rd, Hampton Bays, NY 11946

$3,650,000
10 ba