Property profile

58 Park Pl East Hampton, NY 11937

OFF-MARKET
Retail properties & Spaces
1,448 SF
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Property summary

AI-generated overview

This exceptional retail space, located at 58 Park Place in the heart of East Hampton, New York, presents a unique investment opportunity. The property boasts a total of 1,448 square feet, currently vacant and available for immediate occupancy. This single-tenant space is ideally situated as an end cap, offering excellent visibility and accessibility for customers. The property sits on a 0.12-acre lot, providing ample space for potential outdoor displays or seating areas, depending on the tenant's needs. Located in Suffolk County, this property benefits from the high foot traffic and strong retail environment of East Hampton's vibrant commercial district. The address, 58 Park Place, places the property in a prime location, easily accessible to both residents and tourists. The property type is classified as retail commercial, making it suitable for a wide range of businesses. The zip code is 11937. This is a rare chance to acquire a well-positioned retail space in one of the most desirable locations on Long Island. The property's size and location make it an attractive option for businesses seeking high visibility and a strong customer base. The entire space is currently vacant, offering immediate occupancy for a new tenant. This presents a blank canvas for a business to establish its presence in a thriving market. The property's potential is significant, given its prime location and the high demand for retail space in East Hampton.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,448 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

58 Park Pl East Hampton, NY 11937
East Hampton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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