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Three-Bedroom Income Property
For Lease
$6,000/Mo

3 Madison Street Unit 2, Sag Harbor, NY 11963

Commercial Lease, Sag Harbor, NY

Space Size1,342 SF
Lot Size0.18 Acres
Days on Market248

Property Features for 3 Madison Street Unit 2

General Information

Property type Commercial Lease
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
Patio and Porch features Deck
High school district Sag Harbor
Standard status Active
APN 0903-003.000-0004-007.000
Size 1,342 SF
Lot size 0.18 Acres

Utilities

Sewer type Septic Tank
Heating system Steam
Water source Public

Amenities

private deck

Building Details

Year built 1989
Flooring type Hardwood
Architectural style Other
Listing Agency: Compass
Listed By: Hal Zwick · License #40ZW1016031
Added: Dec 19, 2025 Changed: Aug 23 Last Checked: Aug 24 at 3:06AM
MLS# 11621559

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.

Investment Insights

Based on property information with market context.

This 1,342-square-foot residential income property is a light-filled apartment with three bedrooms, one full bathroom, and an additional half bath. The floor plan can also accommodate two bedrooms and an office or den. A galley kitchen connects to the living area, while hardwood flooring, steam heat, and an oversized rear deck add to the property's physical features. The building was constructed in 1989.

Located at 3 Madison Street, Unit 2, the apartment is positioned at Madison Street and Main Street in Sag Harbor Village. The property is within walking distance of shops, restaurants, cafés, and the waterfront. Rear access is provided by a private driveway. Public water and a septic tank serve the property, which occupies 0.18 acres.

Key Highlights

  • 1,342‑square‑foot apartment with three bedrooms and one full bath plus a half bath
  • Flexible arrangement supports three bedrooms or two bedrooms with an office or den
  • Oversized rear deck provides dedicated outdoor space

Property Analytics

Current Use

LoveShackFancy Clothing Store Max ID NY Home Decor Store

Suggested Use

Top Pick Dental Office Auto Repair Shop Big Box & Wholesale Store HVAC Service Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$8.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

Demographics for 11963, NY

8,384
Population
6,304
Households
1.3
Avg Household Size
51
Median Age
54%
College-Educated
93%
High-School Grad
14.6 sq mi
ZIP Area
574
Density / Sq Mi
$126,513
Median Household Income
$61,161
Median Earnings
$3,189
Median Rent
$1,116,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Flexible apartment layout with hardwood flooring, two baths, and a rear deck near village shops and the waterfront.
Where is this residential income property located?
The property is located at 3 Madison Street Unit 2 Sag Harbor, NY.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 1,342‑square‑foot apartment with three bedrooms and one full bath plus a half bath; Flexible arrangement supports three bedrooms or two bedrooms with an office or den; Oversized rear deck provides dedicated outdoor space
More about this property
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