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Freestanding Office Building with HB Zoning
For Sale
$2,750,000

2036 County Rd 39, Southampton, NY 11968

Commercial Sale, Southampton, NY

Property Size6,000 SF
Lot Size1.23 Acres
Price / SF$458.33
Days on Market52

Property Features for 2036 County Rd 39

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Standard status Active
APN 0900-177.000-02-000.058/001
Lot size 1.23 Acres

Amenities

24/7 automatic backup generator
well-maintained landscaping
Listing Agency: Compass
Listed By: Sean Deery · License #10401366519
Added: Aug 19 Changed: Sep 29 Last Checked: Oct 9 at 8:06AM
MLS# 11941594

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 6,000-square-foot freestanding office building occupies a 1.232-acre site in Southampton. The improvements include two fully built-out office levels plus a third-floor storage area, with private suites, conference rooms, collaborative areas, lounges, storage rooms, and open-plan sections. Two entrances create flexibility for a headquarters configuration or multiple occupants. A 24/7 automatic backup generator supports continuity for office, medical, laboratory, wellness, and other commercial operations. The property also includes 37 private parking spaces and maintained landscaping.

HB (Highway Business) zoning broadens the property's commercial use profile beyond office functions. Supported uses include medical and professional offices, laboratories, retail, showrooms, home furnishings, hardware and building supply, automotive parts supply, landscaping and horticultural services, nurseries, and standard or takeout restaurants. The site receives exposure to 47,000+ vehicles per day and provides road access to the Village, Stony Brook Southampton, and surrounding communities.

Key Highlights

  • 6,000‑square‑foot freestanding building on a 1.232‑acre site
  • HB (Highway Business) zoning supports office, medical, laboratory, retail, restaurant, and other commercial uses
  • Two built‑out office levels plus a third‑floor storage level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$103,172
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,063,440 $2.1M
Cap Rate 7%
$1,473,886 $1.5M
Cap Rate 9%
$1,146,356 $1.1M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$167.8K $27.96/SF
− Vacancy
−$30.2K −$5.03/SF
EGI
$137.6K $22.93/SF
− OpEx
−$34.4K −$5.73/SF
NOI
$103.2K $17.20/SF
Area
Suffolk County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,063,440
Cap Rate 7%
$1,473,886
Cap Rate 9%
$1,146,356

Alternative Uses

Best Use
Office B
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,172 @ 7.0% cap · market cap 3.75%
Second Best
Healthcare Medical
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,964 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $127,951 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Behind The Hedges Newspaper & Magazine Dan's Papers Publishing House

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Storage Facility Grocery & Convenience Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

69
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
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two entrances and adaptable interior areas support either single-user or multi-tenant occupancy.
Where is this office building located?
The property is located at 2036 County Rd 39 Southampton, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 6,000‑square‑foot freestanding building on a 1.232‑acre site; HB (Highway Business) zoning supports office, medical, laboratory, retail, restaurant, and other commercial uses; Two built‑out office levels plus a third‑floor storage level
More about this property
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