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    Sag Harbor Village Commercial Building Title is generated by Realmo AI

    12 Rose Street, Sag Harbor, NY 11963

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    For Sale
    $1,995,000

    Commercial Building - Sag Harbor Village, NY

    Property size:
    1,755 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $1,136/SF
    Added:
    Jan 17, 2026
    Days on Market:
    124
    Last Refresh:
    May 21 at 10:06 pm

    Property Features for 12 Rose Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Living Room
    Parking features
    Garage
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    0903-002.000-02-000.015/001
    Size
    1,755 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3522

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Year renovated
    1920
    Floors in Building
    2
    Flooring type
    Hardwood
    Architectural style
    Other

    We can help!

    Listing Contact
    Jack Pearson

    Listing agent Jack Pearson

    Listing office Compass 2424 Main Street, New York, NY

    Listing date Jan 17, 2026

    MLS# 11738161 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

    • Prime Sag Harbor Village location with rare commercial‑use flexibility, ideal for live/work or business.
    • Newly renovated with 4 bedrooms and 3 baths, blending modern design with classic cottage charm.
    • Exceptional privacy despite village location, featuring fenced grounds and lush green space.
    • Rare off‑street parking for up to four cars in the heart of the Village.
    • Sun‑drenched interiors spanning almost 1,800 square feet, offering both openness and discretion.
    • Close proximity to Sag Harbor's dining, culture, and waterfront.

    Overview

    Located in the heart of Sag Harbor Village, this newly renovated property offers a blend of historical charm and modern design. Known as Rose Hill Cottage, this property provides versatility on a coveted village street, combining privacy with business exposure. The property features approximately 1,800 square feet of sun-drenched interiors, including four bedrooms and three full baths. The layout balances openness with discretion, suitable for both living and working. The property's commercial-use flexibility makes it ideal as a village retreat, a full-time business, or a live/work opportunity. Positioned on a well-traveled village street, the property offers visibility for a boutique business or professional presence. The 0.11-acre parcel includes two private patios enclosed by fencing and surrounded by green space, along with off-street parking for up to four cars. This creates a practical escape close to Sag Harbor's dining, culture, and waterfront. Rose Hill Cottage offers privacy, presence, and possibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sean Edison Salon Hair Salon Richard Richter Physician Nails by Betty Nail Salon Shirley's Mind & Body Alternative Medicine Practice

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sag Harbor
    County
    Suffolk
    State
    New York
    Longitude
    -72.296791
    Latitude
    41.00054

    Nearby Similar for Sale

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      Well-maintained multi-unit property in Sag Harbor, NY.
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      View Details
    • $3,995,000
      3,000 SF

      Fully Leased Sag Harbor Compound

      Mixed-use property in Sag Harbor's Village Core Business District.
      23 Bridge Street, Sag Harbor, NY 11963
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property in Sag Harbor Village with commercial flexibility.
    Where is this mixed-use property located?
    The property is located at 12 Rose Street Sag Harbor, NY.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Prime Sag Harbor Village location with rare commercial‑use flexibility, ideal for live/work or business.; Newly renovated with 4 bedrooms and 3 baths, blending modern design with classic cottage charm.; Exceptional privacy despite village location, featuring fenced grounds and lush green space.
    (631) 537-7700
    We can help!
    Listing Contact
    Jack Pearson
    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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