105 Newtown Lane East Hampton, NY 11937
- Added:
- Apr 3, 2023
- Days on Market:
- 1112
- Last Refresh:
- Apr 18 at 12:06 pm
Property Features for 105 Newtown Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- APN
- 0301-002.000-0002-017.000
- Size
- 10,900 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Hal Zwick (631) 678-2460
Listing office Compass 63 Main Street, New York, NY (212) 913-9058
Listing date Apr 3, 2023
MLS# 11168101
Listing URL
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Overview
East Hampton Mixed-Use Investment Property
The property at 105-107 Newtown Lane is a mixed-use asset, one of the largest commercial buildings in East Hampton. The property is fully leased and includes three street-level commercial units, eight 1-bedroom rented residential apartments, and a separate 4-bedroom, 4-bathroom rental house. The main building has 10,900 square feet of Gross Floor Area, plus 3,000 square feet of basement space, on a 0.21-acre lot. Approximately 6,800 square feet is residential space and 4,100 square feet is commercial space. Additionally, 1150 square feet of garage space may be converted to dry retail. The property is located on Newtown Lane at the corner of Railroad Avenue, near the East Hampton train station and within walking distance of Main Street. The location on one of East Hampton's main high streets has resulted in consistent occupancy for a decade. The property is located in Suffolk County. The lot size is 0.25 acres. There are no un-utilised development rights available today however in 2-4 years, the town will install a sewer system which will allow for more density throughout town. Thereafter, additional development opportunities may materialize.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
South Fork Roofing ...
Roofing Company
Zakura’s Takeaway
Restaurant
Location Insight
- Map
- Local Demand
- City
- East Hampton
- County
- Suffolk
- State
- New York
- Longitude
- -72.19144
- Latitude
- 40.964927
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property in prime East Hampton location.
Where is this mixed-use property located?
The property is located at 105 Newtown Lane East Hampton, NY.
What is the asking price?
The asking price for this property is $13,750,000.
What are key features of this property?
This property features: Prime mixed‑use asset in East Hampton on Newtown Lane; Fully leased property with a decade of zero vacancy; Large building with 10,900 SF Gross Floor Area plus 3,000 SF basement
