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    30 Park Pl East Hampton, NY 11937

    • Office buildings
    • 0.04 lot acres
    For Lease
    View listing
    Value Estimation
    $3,740,000
    Last Sale
    Jul 09, 2022
    $3,500,000
    Location Intelligence
    Property ID
    US63-0158463
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hampton Film / Video Production Service
    • TA / Gymnastics Club

    Property Details for 30 Park Pl

    Lot size
    0.04 lot acres
    Property type
    Office buildings
    APN
    0301-003.00-06.00-019.000
    APU
    301003000600019000

    Description

    This exceptional 3,000-square-foot commercial building, located at 30 Park Place in the heart of East Hampton Village, presents a unique investment opportunity. Completely renovated in 2024, this two-story structure boasts a modern design and state-of-the-art systems. The property features a versatile floor plan suitable for a variety of uses, including retail, office, or medical spaces. High ceilings (11 feet) and large open areas allow for flexible customization. Amenities include a convenient elevator, a contemporary staircase, two bathrooms, and infrastructure for a kitchen. The building sits on a 0.04-acre lot and offers ample parking, a significant advantage in this desirable location. The property's prime location ensures high visibility and accessibility. Built in 1970, this meticulously renovated building offers the best of both worlds: classic East Hampton charm with modern functionality. The Suffolk County property (APN: 0301-003.000-0006-019.000) is available for sale or lease as a single-tenant space. This is a rare opportunity to acquire a turnkey commercial property in one of the most sought-after locations on Long Island.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,405,000
      6.5%
      $3,560,000
      7%
      $3,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,645,000
      Geo Method
      $3,480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,340,000
      Retail
      $4,000,000
      Mixed-Use
      $3,930,000
      Hospitality
      $4,260,000
      Educational
      $3,525,000
      Residential Income
      $4,250,000
      Energy
      $3,635,000
      Income-Based Land
      $4,440,000
      Food Service
      $3,490,000

    Location Insight

    • Map
    • Local Demand
    City
    East Hampton
    County
    Suffolk
    State
    New York
    Longitude
    -72.1871
    Latitude
    40.9626
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $1,750
    $7,040
    $8,790
    -
    $4,730
    $19,027
    $23,757

    Comparable in this City

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      0.25 Acres

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    • Value Estimation by Request
      0.52 Acres

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      OFFICE BUILDING • 0.52 Acres
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      View Details

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    Similar Nearby for Lease

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    30 Park Pl
    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
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