SOUTHAMPTON VILLAGE OFFICE | 16 Hampton Rd
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SOUTHAMPTON VILLAGE OFFICE 16 Hampton Rd
5,023 SF Retail Building Southampton, NY 11968 $7,000,000 ($1,394/SF) 4.30% Cap Rate
Executive Summary
SOUTHAMPTON VILLAGE CORE BUSINESS DISTRICT
In the heart of historic Southampton Village, located between Main Street and Citarella's Market is this one-of-a-kind newly built commercial building. Three ground floor units and two second floor offices along with an immaculate full basement. The elevator services all floors and a common area for loading. Situated on the public parking lot for the village with two reserved spaces. The building is graced with magnificent mature roses trellised and cared for by the Rose Society of Southampton. Architecturally designed by Southampton architect John David Rose, it blends in beautifully with the original buildings of this historic village. 16HamptonRd.com
In the heart of historic Southampton Village, located between Main Street and Citarella's Market is this one-of-a-kind newly built commercial building. Three ground floor units and two second floor offices along with an immaculate full basement. The elevator services all floors and a common area for loading. Situated on the public parking lot for the village with two reserved spaces. The building is graced with magnificent mature roses trellised and cared for by the Rose Society of Southampton. Architecturally designed by Southampton architect John David Rose, it blends in beautifully with the original buildings of this historic village. 16HamptonRd.com
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,023 SF
Building Class
C
Year Built/Renovated
1984/2016
Price
$7,000,000
Price Per SF
$1,394
Cap Rate
4.30%
NOI
$301,000
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.10 AC
Zoning
commercial - village business
Parking
11 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
99 FT on Nugent Street
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (72)
Nearby Major Retailers
1 of 19
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SOUTHAMPTON VILLAGE OFFICE | 16 Hampton Rd
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