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    Southampton Office Suites For Lease Title is generated by Realmo AI

    149 Hampton Road, Southampton, NY 11968

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    For Lease
    $2,750/Mo $8 SF/Yr (calc)

    Commercial - Southampton, NY

    Property size:
    3,875 SF
    Lot size:
    0.41 Acres
    Added:
    Jul 7, 2025
    Days on Market:
    314
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for 149 Hampton Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Garage
    Standard status
    Active
    APN
    0904-007.000-0002-019.001
    Size
    3,875 SF
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Year built
    1985
    Year renovated
    1985
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood
    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 Jul 7, 2025

    MLS# 11530955 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

    • Central Village location near Main St & Montauk Hwy, across from Southampton Town Hall.
    • Rare private parking in the rear.
    • Suites suitable for a variety of professional uses.
    • Ample natural light.
    • Multiple office suites available for lease, including options to combine spaces.
    • Proximity to surrounding businesses such as banks, medical offices, and retail.

    Overview

    Located on Hampton Road, across from Southampton Town Hall, this professional office building offers second-floor suites for lease in the heart of the Village's business district. The property benefits from a central location near Main St & Montauk Hwy and features private parking in the rear. Available are five offices and a storage room, accessible via a shared front vestibule and stairwell. The space receives natural light and suits a variety of professional uses. Private on-site parking enhances convenience for both tenants and clients. Office 202 offers 98 square feet, Office 203 offers 76 square feet, and Office 205 offers 156 square feet. Surrounding businesses include ConnectOne Bank, Pospisil & Brown Architects, Stony Brook Medicine, Wells Fargo, Merrill Lynch, Aboff's Paints, Starbucks, Rumrunner Home, AT&T, CVS, H&R Block, and Peconic Land Trust. The property is situated on a 0.41-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Colonial Surveying, PC Surveyor South Aesthetics Southampton Spa & Massage Center Kardwell Group Advertising Agency Thought Leader Publishing Publishing House Lauren Matzen, MAc, ... Alternative Medicine Practice

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Southampton
    County
    Suffolk
    State
    New York
    Longitude
    -72.38449
    Latitude
    40.888475

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    FAQs

    What type of property is this?
    Office units - Professional office suites available in the heart of Southampton's business district.
    Where is this office units located?
    The property is located at 149 Hampton Road Southampton, NY.
    What is the lease rate?
    The lease rate is $2,750 /Mo.
    What are key features of this property?
    This property features: Central Village location near Main St & Montauk Hwy, across from Southampton Town Hall.; Rare private parking in the rear.; Suites suitable for a variety of professional uses.
    (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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