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Sag Harbor Mixed-Use Buildings Assemblage
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3 Madison Street, Sag Harbor, NY 11963

Two mixed-use buildings with retail and residential units in Sag Harbor.

Property Size9,032 SF
Price / SF$1,522
Days on Market113

Property Features for 3 Madison Street

General Information

Standard status Active
Size 9,032 SF
Property subtype Retail, Mixed Use

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Compass
Listed By: Sean Deery · License #NY 10401366519
Source: Crexi
Added: May 14 Changed: Aug 24 Last Checked: Sep 2 at 3:00AM

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

Investment Insights

Based on property information with market context.

Located in the heart of Sag Harbor Village, this assemblage features two mixed-use buildings at 3 and 11 Madison Street. The property at 3 Madison Street is a 4,468 square foot building with 6 bedrooms and 4 bathrooms. It includes a retail store on the ground level and two outbuildings totaling 1,364 square feet. The interior features custom moldings, wood beams, and European high-end finishes. A large rear patio is suitable for outdoor seating. The zoning allows for various uses, including a professional office, retail space, gallery, design studio, or restaurant/bed and breakfast. The building at 11 Madison Street, known as the "Sea Chest" building, has 3,307 square feet with a ground floor retail space and two apartments above. The storefront has charming detail, extensive natural light, and an open retail floor with exposed beams. A front patio attracts patrons. The first-floor apartment has 2 bedrooms, a living room with a gas fireplace, a dining room, a kitchen, 1 bathroom, and a patio overlooking a backyard. The second-floor apartment is a 1 bedroom with a kitchen and 1 bath. It has been completely renovated and includes a private parking area. The property is located at the crossroads of Madison Street and Main Street, overlooking the Civil War Monument in the commercial section of the Historic District.

Key Highlights

  • Prime Village Location: Assemblage of two mixed‑use buildings in the heart of Sag Harbor Village.
  • Significant Square Footage: Totaling 7,775sf plus 1,364sf in outbuildings, offering substantial space.
  • Mixed‑Use Potential: Features retail spaces and multiple apartments, providing income opportunities.

Property Analytics

Current Use

LoveShackFancy Clothing Store Max ID NY Home Decor Store

Suggested Use

Top Pick Dental Office Auto Repair Shop Big Box & Wholesale Store HVAC Service Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

Demographics for 11963, NY

8,384
Population
6,304
Households
1.3
Avg Household Size
51
Median Age
54%
College-Educated
93%
High-School Grad
14.6 sq mi
ZIP Area
574
Density / Sq Mi
$126,513
Median Household Income
$61,161
Median Earnings
$3,189
Median Rent
$1,116,600
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two mixed-use buildings with retail and residential units in Sag Harbor.
Where is this mixed-use property located?
The property is located at 3 Madison Street Sag Harbor, NY.
What is the asking price?
The asking price for this property is $13,750,000.
What are key features of this property?
This property features: Prime Village Location: Assemblage of two mixed‑use buildings in the heart of Sag Harbor Village.; Significant Square Footage: Totaling 7,775sf plus 1,364sf in outbuildings, offering substantial space.; Mixed‑Use Potential: Features retail spaces and multiple apartments, providing income opportunities.
(631) 480-5225 Call to check price and availability
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