105 Newtown Lane, East Hampton, NY 11937
COMMERCIAL - East Hampton, NY
Property Features for 105 Newtown Lane
General Information
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Investment Insights
Based on property information with market context.
Located on Newtown Lane at the corner of Railroad Avenue, the property is within short walking distance of Main Street in the Village of East Hampton. The East Hampton train station is located diagonally opposite the property. The offering is described as having driven absorption with no vacancy in a decade. The remarks note there are no un-utilized development rights available today, and that the town will install a sewer system in approximately 2–4 years, which is expected to allow for more density throughout town.
Key Highlights
- Fully leased mixed‑use building with 3 street‑level commercial units, 8 rented 1‑bedroom apartments, and a separate 4BR/4BA rental house
- 9,342 SF lot (0.21 acres) with 10,900 SF in the main building plus 3,000 SF basement space
- Main building area split roughly into 6,800 SF residential space and 4,100 SF commercial space
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 11937, NY
Market
Vacancy Rate% for Multifamily in Northeast region