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Business Condo Complex For Sale
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1 Leecon Ct, Southampton, NY 11968

15,000 SF business condo complex in Southampton, NY.

Property Size15,000 SF
Price / SF$680
Days on Market1024

Property Features for 1 Leecon Ct

General Information

Standard status Active
Size 15,000 SF
Property subtype Industrial
Zoning LI-40
Net Operating Income $450,000

Building Details

Units 6
Listing Agency: Compass
Listed By: Sean Deery · License #NY 10401366519
Source: Crexi
Added: Nov 2, 2023 Changed: Aug 13 Last Checked: Aug 20 at 11:48AM

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.

This property features a 15,000 square foot business condo complex, constructed in 2005. It comprises six units, each measuring 2,500 square feet. The units are part of a larger complex consisting of two buildings and a total of 12 units. The property is under full NNN leases and is described as being in perfect condition. The location is noted as being conveniently situated approximately 1/3 mile from County Road 39 / Route 27.

Key Highlights

  • Six 2500 square foot units available.
  • Full NNN leases in place.
  • Part of a 12‑unit business condo complex.

Property Analytics

Current Use

Next Level Ice ... Big Box & Wholesale Store Regal Roofing Southampton Roofing Company

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Auto Parts Store Pharmacy Big Box & Wholesale Store

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

238
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • East End Clambakes 590 County Rd 39, Southampton, NY 11968
  • Insatiable Eats Creative Kitchen + Catering & Event Specialists 42 Montauk Hwy, Southampton, NY 11968

Frequently Asked Questions

What type of property is this?
Flex space - 15,000 SF business condo complex in Southampton, NY.
Where is this flex space located?
The property is located at 1 Leecon Ct Southampton, NY.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: Six 2500 square foot units available.; Full NNN leases in place.; Part of a 12‑unit business condo complex.
(631) 678-2460 Call to check price and availability
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