23 Bridge St
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23 Bridge St
3,000 SF 45% Leased Retail Building Sag Harbor, NY 11963 $4,250,000 ($1,417/SF)
Investment Highlights
- Multi Structure Property - Main Building & 2 Cottages
- Office District Zoning Provides Various Uses
- Adjacent to Main Village Parking Lots
- Beautiful Courtyard & Private Parking
- Access to Main Roads & Main Street
- Can Be Purchased As An Assemblage
Executive Summary
Multiple structures on a 0.29-acre lot in the Sag Harbor Village Office District.
Located in between the main Village parking lots, 23 Bridge St is a prime corner lot just off Main Street. The site has a total of 3,000 built square feet split among a Main Structure & two Cottages (one residential cottage and one retail/office cottage).
The Main Structure can easily be converted to a quick-service restaurant with 16 indoor seats and access to the outdoor patio. The second floor can be used as an apartment / office. Current use is dry retail and office.
The 0.29-acre site also benefits from a private parking lot, a courtyard that connects all of the structures, and is adjacent to a proposed condo development that will bring 28 - $2MM condominiums and 16 affordable condos - increasing property values.
Current Uses:
-2,000sf Main House: Fitness Studio
-600sf Street Front Cottage: Residential
-400sf Rear Cottage: Retail/Office
Some Permitted Uses:
-Professional Office, Personal Service
-Single Family Home, Apartment Building (SE), or Bed-and-Breakfast (SE)
-Workshop, Grocery (SE), Retail Store (SE), Tavern (SE), Fast Food (SE)
-Fitness / Gym, Day Care, Outdoor Dining (SE)
Opportunity to purchase 23 Bridge Street with adjacent property as an assemblage:
-12 Rose Street Mixed Use Building Totaling 2,670sf .11/acre
Inquire with the Hamptons Commercial Real Estate Team for additional information.
Located in between the main Village parking lots, 23 Bridge St is a prime corner lot just off Main Street. The site has a total of 3,000 built square feet split among a Main Structure & two Cottages (one residential cottage and one retail/office cottage).
The Main Structure can easily be converted to a quick-service restaurant with 16 indoor seats and access to the outdoor patio. The second floor can be used as an apartment / office. Current use is dry retail and office.
The 0.29-acre site also benefits from a private parking lot, a courtyard that connects all of the structures, and is adjacent to a proposed condo development that will bring 28 - $2MM condominiums and 16 affordable condos - increasing property values.
Current Uses:
-2,000sf Main House: Fitness Studio
-600sf Street Front Cottage: Residential
-400sf Rear Cottage: Retail/Office
Some Permitted Uses:
-Professional Office, Personal Service
-Single Family Home, Apartment Building (SE), or Bed-and-Breakfast (SE)
-Workshop, Grocery (SE), Retail Store (SE), Tavern (SE), Fast Food (SE)
-Fitness / Gym, Day Care, Outdoor Dining (SE)
Opportunity to purchase 23 Bridge Street with adjacent property as an assemblage:
-12 Rose Street Mixed Use Building Totaling 2,670sf .11/acre
Inquire with the Hamptons Commercial Real Estate Team for additional information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
2003
Price
$4,250,000
Price Per SF
$1,417
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.29 AC
Zoning
VB - Sag Harbor Village Office District
Frontage
Amenities
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0903-002-00-02-00-014-001 | Improvements Assessment | $472,700 |
| Land Assessment | $677,000 | Total Assessment | $1,149,700 |
PROPERTY TAXES
Parcel Number
0903-002-00-02-00-014-001
Land Assessment
$677,000
Improvements Assessment
$472,700
Total Assessment
$1,149,700
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