Multi-Level Retail Corner
53 N Sea Road Southampton, NY 11968
53 N Sea Road, Southampton, NY, 11968
$3,750,000
For Sale
$3,750,000
COMMERCIAL - Southampton, NY
Property Size5,847 SF
Lot Size0.17 Acres
Price / SF$641.35
Days on Market315
Property Features for 53 N Sea Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 0904-005.000-0001-017.000
- Size
- 5,847 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9651
Utilities
- Heating system
- Natural Gas, Forced Air, Baseboard
- Water source
- Public
Building Details
- Flooring type
- Hardwood
- Building materials
- Brick
Listing Agency
Compass
(212) 913-9058
63 Main Street, New York, NY
Listed by
Hal Zwick · License #40ZW1016031
(212) 913-9058
Added: Sep 8, 2025 Checked: Jul 19 at 11:06 am
MLS# 11571451
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 freestanding multi-level retail building is configured with ground floor retail space, a raised display platform, back office/storage, kitchen, and two powder rooms, with extensive windows throughout. The second floor and mezzanine provide a mix of display and storage space. The exterior includes a display patio, landscaped frontage, and a private parking lot, with additional adjacent street parking.
Located on a retail corner at the northern entrance to Southampton Village’s commercial core, the property is positioned between County Road 39 and the village center. A 2023 MPSI study cited in the marketing materials reports an average daily vehicle count of 12,000 cars on North Sea Road. The building is adjacent to Tate’s Bake Shop, with nearby Red Horse Market grocery store and a Post Office.
The property is listed in the Office District (OD) within the Historic District Overlay. The marketing materials state the current configuration has an estimated achievable rent of $240,000 annually. The address is 53 N Sea Road, Southampton, NY 11968.
Located on a retail corner at the northern entrance to Southampton Village’s commercial core, the property is positioned between County Road 39 and the village center. A 2023 MPSI study cited in the marketing materials reports an average daily vehicle count of 12,000 cars on North Sea Road. The building is adjacent to Tate’s Bake Shop, with nearby Red Horse Market grocery store and a Post Office.
The property is listed in the Office District (OD) within the Historic District Overlay. The marketing materials state the current configuration has an estimated achievable rent of $240,000 annually. The address is 53 N Sea Road, Southampton, NY 11968.
Key Highlights
- 5,847 SF freestanding multi‑level retail building on a 0.17‑acre corner lot in Southampton Village
- Corner location at the northern entrance to Southampton Village’s commercial core, between County Road 39 and the Village Center
- Ground floor includes expansive retail space, raised display platform, back office/storage, kitchen, and two powder rooms
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $175.4k | $30.00 |
| − Vacancy | −$12.1k | −$2.07 |
| EGI | $163.3k | $27.93 |
| − OpEx | −$49.0k | −$8.38 |
| NOI | $114.3k | $19.55 |
5,847 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.63M
$1.43M – $1.91M
NOI $114,315 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,689 @ 7.0% cap · market cap 3.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ENGLISH COUNTRY OUTLET
Furniture & Home Goods
Mitchell Gold + Bob ...
Furniture & Home Goods
Similar For Sale Nearby
Similar Off Market Nearby
- Sushi Flotist & Flower Delivery — 41 Herrick Rd, Southampton, NY 11968, United States
FAQs
What type of property is this?
Storefront property - Freestanding corner retail building with ground, second, and mezzanine space plus on-site and street parking.
Where is this storefront property located?
The property is located at 53 N Sea Road Southampton, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 5,847 SF freestanding multi‑level retail building on a 0.17‑acre corner lot in Southampton Village; Corner location at the northern entrance to Southampton Village’s commercial core, between County Road 39 and the Village Center; Ground floor includes expansive retail space, raised display platform, back office/storage, kitchen, and two powder rooms
