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Office Building with Backup Generator
For Sale
$2,750,000

2036 County Road 39, Southampton, NY 11968

Commercial Sale, Southampton, NY

Property Size6,000 SF
Lot Size1.23 Acres
Price / SF$458.33
Days on Market350

Property Features for 2036 County Road 39

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
High school district 000000
Standard status Active
APN 0900-177.000-0002-058.001
Size 6,000 SF
Lot size 1.23 Acres

Amenities

two entrances
manicured landscaping
24/7 backup generator
Listing Agency: Compass
Listed By: Hal Zwick · License #40ZW1016031
Added: Oct 26, 2025 Changed: Oct 10 Last Checked: Oct 10 at 5:06AM
MLS# 11596612

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 office property occupies 1.232 acres and is arranged across two main floors, with a third level used for storage. Its layout includes private office suites, conference rooms, lounges, and open-plan areas. Two separate entrances support circulation, and 37 parking spaces serve the site. A 24/7 backup generator and updated systems are also in place.

The property fronts County Road 39 in Southampton, with exposure to more than 47,000 vehicles per day. Stony Brook Southampton and Shinnecock Hills Golf Club are nearby. The site is zoned R40, with an established nonconforming office use that supports continued professional, medical, or institutional operations.

Key Highlights

  • 6,000 square feet on 1.232 acres
  • 37 on‑site parking spaces
  • 24/7 backup generator

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
—
—
no second resolved use
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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

313
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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-level office space offers private suites, shared work areas, and on-site parking.
Where is this office building located?
The property is located at 2036 County Road 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 feet on 1.232 acres; 37 on‑site parking spaces; 24/7 backup generator
More about this property
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