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    East Hampton Mixed-Use Investment Property Title is generated by Realmo AI

    105 Newtown Lane, East Hampton, NY 11937

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    Claim this Listing
    For Sale
    $13,750,000

    Commercial - East Hampton, NY

    Property size:
    10,900 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $1,261/SF
    Added:
    Apr 3, 2023
    Days on Market:
    1145
    Last Refresh:
    May 21 at 3:06 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

    We can help!

    Listing Contact
    Hal Zwick
    Hal Zwick

    Listing agent Hal Zwick

    Listing office Compass 63 Main Street, New York, NY

    Listing date Apr 3, 2023

    MLS# 11168101 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 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
    • Includes three commercial units, eight 1‑bedroom apartments, and a separate 4‑bedroom house
    • Garage space (1150 SF) potentially convertible to dry retail
    • Close proximity to East Hampton train station and Main Street

    Overview

    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

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Hampton
    County
    Suffolk
    State
    New York
    Longitude
    -72.19144
    Latitude
    40.964927

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    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
    (631) 678-2460
    We can help!
    Listing Contact
    Hal Zwick
    Hal Zwick
    Real Estate License ID: 40ZW1016031
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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