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    16 Goodfriend Dr East Hampton, NY 11937

    Sponsored
    For Lease
    Contact for pricing

    Prime East Hampton Commercial Space Available

    Lot size:
    1,418 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,418 square foot retail space is ideally situated at 16 Goodfriend Drive in East Hampton, New York, within Suffolk County. The property offers a single-tenant occupancy, presenting a unique opportunity for a business seeking a prominent location in this desirable area. The entire building is currently vacant, providing immediate access for a new tenant to customize the space to their specific needs. The address is conveniently located in East Hampton, NY, zip code 11937, offering excellent visibility and accessibility for customers. This commercial property presents a blank canvas for a variety of retail businesses, allowing for creative design and layout to maximize the space's potential. The property's size is perfectly suited for a boutique store, a specialty shop, or a small-scale restaurant, among other possibilities. With its prime location and ample square footage, this retail space represents a compelling investment opportunity in the thriving East Hampton market. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this highly sought-after location. The property is classified as a commercial retail space and is available for lease. The geographic coordinates are 40.9698809 latitude and -72.2416842 longitude.

    Property Features for 16 Goodfriend Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,418 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,418 SF

    HighLights

    • Flexible Commercial Condo Units Available
    • Spacious, turnkey commercial condos with high ceilings and diverse usage potential.
    • Prime East Hampton/Sag Harbor location on Goodfriend Drive, offering ample parking and privacy.
    • 1,418 square feet across two floors, excluding a sizable lower level.
    • Annual base rent: $66,000 per unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smile Orthodontics Of East ... Orthodontist

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Hampton
    County
    Suffolk
    State
    New York
    Longitude
    -72.2416842
    Latitude
    40.9698809

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    FAQs

    What type of property is this?
    Retail property - Prime East Hampton Commercial Space Available
    Where is this retail property located?
    The property is located at 16 Goodfriend Dr East Hampton, NY.
    What are key features of this property?
    This property features: Flexible Commercial Condo Units Available; Spacious, turnkey commercial condos with high ceilings and diverse usage potential.; Prime East Hampton/Sag Harbor location on Goodfriend Drive, offering ample parking and privacy.
    Request Owner's contact information
    16 Goodfriend Dr East Hampton, NY 11937
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Goodfriend Dr East Hampton, NY 11937
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