Fully Renovated Office
55 Newtown Ln, East Hampton, NY 11937
For Sale
Contact for pricing
Fully renovated condominium with eight private offices, shared kitchen and restrooms, suited for professional use or ownership.
Property Size2,000 SF
Price / SF$1,250
Days on Market149
Property Features for 55 Newtown Ln
General Information
Standard status
Size
Class
Property subtype
Investment Type
Net Operating Income
Additional Details
Office Units
Building Details
Units
Tenancy
Listing Agency:
Compass
Listed By:
Sean Deery · License #NY 10401366519
(631) 480-5225
Source:
Crexi
Added: Jun 14
Changed: Oct 26
Last Checked: Nov 8 at 8:30AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Fully renovated commercial condominium containing eight private office units. The layout supports a professional, collaborative environment with a central kitchen shared among the offices and two bathrooms servicing the suite. Each office has been upgraded with high-quality finishes and built-in furnishings, presenting a clean, contemporary aesthetic designed for broad tenant appeal.
The property is located on Newtown Lane in the core of East Hampton Village’s business district. It is described as being steps from the Village’s retail, dining, and services, placing the offices within a walkable commercial setting.
From an ownership perspective, the offering is presented as a stabilized income asset with minimal historical vacancy and net operating income of approximately $150,000 per year. For tenants, the mix of multiple private offices can accommodate teams seeking separate workspaces while still benefiting from shared support amenities like the kitchen and common bathrooms. The condominium structure also offers flexibility for an owner-occupant looking to consolidate space within a renovated, turn-key office configuration.
The property is located on Newtown Lane in the core of East Hampton Village’s business district. It is described as being steps from the Village’s retail, dining, and services, placing the offices within a walkable commercial setting.
From an ownership perspective, the offering is presented as a stabilized income asset with minimal historical vacancy and net operating income of approximately $150,000 per year. For tenants, the mix of multiple private offices can accommodate teams seeking separate workspaces while still benefiting from shared support amenities like the kitchen and common bathrooms. The condominium structure also offers flexibility for an owner-occupant looking to consolidate space within a renovated, turn-key office configuration.
Key Highlights
- Fully renovated commercial condominium in the East Hampton Village business district on Newtown Lane
- 8 private office units with shared central kitchen and 2 bathrooms
- Each office includes upgraded high‑quality finishes and built‑in furnishings
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
8
Office units
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Explore this area
Business Placement
Demographics for 11937, NY
19,968
Population
14,277
Households
1.4
Avg Household Size
45
Median Age
52%
College-Educated
92%
High-School Grad
37.1 sq mi
ZIP Area
538
Density / Sq Mi
$122,489
Median Household Income
$49,954
Median Earnings
$2,904
Median Rent
$1,009,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Suffolk County, NY
Properties on Market for Office Units in Suffolk County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Fully renovated condominium with eight private offices, shared kitchen and restrooms, suited for professional use or ownership.
Where is this office unit located?
The property is located at 55 Newtown Ln East Hampton, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully renovated commercial condominium in the East Hampton Village business district on Newtown Lane; 8 private office units with shared central kitchen and 2 bathrooms; Each office includes upgraded high‑quality finishes and built‑in furnishings
