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241 County Road 39A
Southampton, NY 11968

241 County Road 39A · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,939 SF
Building Class
B
Year Built
1984
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.60
Lot Size
0.57 AC
Zoning
HB - Highway Business
Parking
30 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
212 FT on County Road 39

Amenities

  • Dedicated Turn Lane
  • Signalized Intersection
  • Car Charging Station

About 241 County Road 39A , Southampton, NY 11968

The properties are 100% occupied and are comprised of 9 office and retail suites. The property consists of 14,939 rentable square-feet spanning multiple structures. The buildings are situated on 1.1 acres with ample on-site parking. Most of the leases are short term and below market presenting immediate unlockable upside. In addition, a potential buyer will benefit from leases with landlord favorable reimbursement structure. The subject property is positioned along County Road 39, a major EastWest thoroughfare connecting the Hamptons to Long Island and New York City. Major national tenants in close proximity include Lifestorage, 7-Eleven, McDonalds and many others. The property is situated near Southampton Village, a hub for shopping, arts, entertainment and dining. Southampton’s established affluence and prime, highly sought-after location within the prestigious Hamptons market make the subject property a viable investment opportunity for a multitude of different types of investors. Southampton is accessible via rail from Manhattan’s Penn Station on the Long Island Railroad’s Montauk branch, as well as by car on I-495 (LIE) and myriad other highly trafficked thoroughfares connecting Long Island’s numerous hamlets and villages.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0900-132-00-02-00-024-000
Land Assessment
$540,100
Improvements Assessment
$1,293,600
Total Assessment
$1,833,700
  • Listing ID: 16183981

  • Date on Market: 5/29/2019

  • Last Updated:

  • Address: 241 County Road 39A, Southampton, NY 11968

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