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Two-Building Mixed-Use Property

1-15 Hill St, Southampton, NY 11968

For Sale
$21,900,000

The tenant mix spans retail, executive offices, food service, personal care, wellness, and grocery businesses.

Property Size19,805 SF
Lot Size0.42 Acres
Price / SF$1,105
Days on Market558

Property Features for 1-15 Hill St

General Information

Standard status Active
Size 19,805 SF
Lot size 0.42 Acres
Property subtype Commercial
Zoning VB

Site & Location

Corner Location Yes
Mixed-Use Components retail, office, personal service, wellness, grocery

Additional Details

Tenant in Place Yes

Building Details

Buildings 2
Stories 2
Tenancy Multi
Listing Agency: Compass
Listed By: Hal Zwick · License #40ZW1016031
Source: Gatewaypropertiesofupstateny
Added: May 1, 2025 Changed: Nov 8 Last Checked: Nov 8 at 7:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Rey
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Investment Insights

Based on property information with market context.

This renovated mixed-use property comprises two buildings with a combined 19,805 square feet on 0.417 acres. The corner building at 1-17 Windmill Lane and 1-9 Hill St. contains 11,505 square feet across two stories, with seven ground-floor tenants and two second-floor executive office collections. Retail, fitness, salon, office, and food-service businesses occupy the ground floor. At 15 Hill Street, a one-story, 8,300-square-foot building with high ceilings is occupied by a natural foods market and a medical spa.

The property is at Hill Street and Windmill Lane in Southampton Village’s Village Business (VB) district, across from Agawam Park. Nearby businesses and cultural destinations named include El Verano, Shippy’s, Limoncello Ristorante, Southampton Playhouse, Southampton Cultural Center, and Southampton Arts Center. Village Business zoning supports retail, office, and service uses. A sewer district for Southampton Village is in planning; the source identifies expanded wet-use potential for the site in connection with that plan.

Key Highlights

  • 19,805 SF across two buildings on 0.417 acres
  • Corner building: 11,505 SF across two stories, with seven ground‑floor tenants and two second‑floor office collections
  • One‑story building at 15 Hill Street: 8,300 SF with high ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 11968, NY

14,467
Population
10,444
Households
1.4
Avg Household Size
46
Median Age
61%
College-Educated
98%
High-School Grad
26.9 sq mi
ZIP Area
538
Density / Sq Mi
$146,138
Median Household Income
$64,959
Median Earnings
$2,068
Median Rent
$1,171,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Suffolk County, NY

$538 Jul
$698 Aug
$743 Sep
$468 Oct

Properties on Market for Mixed-use properties in Suffolk County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The tenant mix spans retail, executive offices, food service, personal care, wellness, and grocery businesses.
Where is this mixed-use property located?
The property is located at 1-15 Hill St Southampton, NY.
What is the asking price?
The asking price for this property is $21,900,000.
What are key features of this property?
This property features: 19,805 SF across two buildings on 0.417 acres; Corner building: 11,505 SF across two stories, with seven ground‑floor tenants and two second‑floor office collections; One‑story building at 15 Hill Street: 8,300 SF with high ceilings
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