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Two-Unit Retail Building
For Lease
$10,000/Mo NNN

32 Park Place, East Hampton, NY 11937

Commercial Sale, East Hampton, NY

Space Size778 SF - 1,585 SF
Lot Size0.06 Acres
Days on Market343

Property Features for 32 Park Place

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Commercial
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
High school district East Hampton
Standard status Active
APN 0301-003.000-0006-021.002
Size 1,585 SF
Lot size 0.06 Acres

Building Details

Floors in Building 1
Listing Agency: Compass
Listed By: Hal Zwick · License #40ZW1016031
Added: Sep 25, 2025 Changed: Sep 1 Last Checked: Sep 2 at 5:06AM
MLS# 11581094

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 single-story retail property contains 1,585 square feet arranged in two distinct spaces measuring 778 and 807 square feet. The smaller unit has southern exposure along a public walkway and is configured for a multi-services business, while the larger street-facing space is built out for fashion retail. Each unit can be leased independently or combined, and both layouts can be adapted through tenant build-outs.

The property is located at 32 Park Place in East Hampton Village’s shopping district, directly facing the Village’s main public parking lot and a pedestrian corridor. The building provides 45 feet of frontage along Park Place, with the two spaces offering different exposure and access orientations. Lease structure is NNN, with the units available separately or together.

Key Highlights

  • 1,585 SF single‑story retail building divided into 778 SF and 807 SF units
  • Two spaces can be leased separately or together
  • 45 feet of frontage on Park Place

Property Analytics

Current Use

Latin Express Corp Bank Ria Money Transfer ... Bank MoneyGram Bank AYR Hamptons Clothing & Fashion Store Cell Express Mobile Phone Store

Suggested Use

Top Pick Hair Salon Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Plumbing Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

904
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Shops & Services 30% Home Improvements & Furnishings 12% Apparel 10%
Stop & Shop Groceries
19,821 visits/mo 0.1 miles
East Hampton IGA Groceries
10,111 visits/mo 0.5 miles
Village True Value Hardware Home Improvements & Furnishings
7,800 visits/mo 0.1 miles
Chase Bank Shops & Services
7,293 visits/mo 0.0 miles
Capital One Bank Shops & Services
5,282 visits/mo 0.1 miles

Demographics for 11937, NY

19,968
Population
14,277
Households
1.4
Avg Household Size
45
Median Age
52%
College-Educated
92%
High-School Grad
37.1 sq mi
ZIP Area
538
Density / Sq Mi
$122,489
Median Household Income
$49,954
Median Earnings
$2,904
Median Rent
$1,009,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Single-story property offers two separately leasable spaces with flexible layouts for retail and service-oriented operators.
Where is this retail space located?
The property is located at 32 Park Place East Hampton, NY.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: 1,585 SF single‑story retail building divided into 778 SF and 807 SF units; Two spaces can be leased separately or together; 45 feet of frontage on Park Place
More about this property
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