Hill Street Business Center | 51-55 Hill St
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Hill Street Business Center 51-55 Hill St
4,020 SF 100% Leased Retail Building Southampton, NY 11968 $3,250,000 ($808/SF)
Investment Highlights
- Located between Movie Theater reopening 2024/25 and Southampton Inn with forthcoming upscale expansion, near Jobs Lane, Lake Agawam, Estate Section.
- Curb cut on Hill St.
- Redevelopment potential +/- 13,000 sf
Executive Summary
Prime investment in the heart of Southampton Village Business District offered at $800/sf of building area. 50% occupied through 2030 by triple A tenant. Delivered 50% vacant or at rent to be negotiated. Great redevelopment and expansion opportunity - can be redeveloped to +13,000 sf based on 70% lot coverage and 35' max height Curb cut on Hill Street. 7,500 sf land. Low taxes.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,020 SF
Building Class
B
Year Built/Renovated
1984/2012
Price
$3,250,000
Price Per SF
$808
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.54
Lot Size
0.17 AC
Zoning
VILLAGE - Office, retail, medical arts, medical professionals, general business, business professionals, community facilities.
Parking
6 Spaces (1.49 Spaces per 1,000 SF Leased)
Frontage
46 FT on Hill St
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- WLIW
- Information
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| WLIW | Information | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0904-006-00-01-00-009-000 | Improvements Assessment | $450,600 |
| Land Assessment | $576,600 | Total Assessment | $1,027,200 |
PROPERTY TAXES
Parcel Number
0904-006-00-01-00-009-000
Land Assessment
$576,600
Improvements Assessment
$450,600
Total Assessment
$1,027,200
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Hill Street Business Center | 51-55 Hill St
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