12 Rose St Sag Harbor, NY 11963
For Lease
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This exceptional Sag Harbor mixed-use property presents a compelling investment opportunity. Located in the heart of the Village Office District, this 2,670 square foot building sits on a 0.11-acre lot, offering unparalleled access and visibility. Currently configured as a first-floor personal service business (massage therapy) and a second-floor two-bedroom, one-bathroom apartment, the property provides immediate income potential. The building, constructed in 1991, is a two-story structure with permitted zoning allowing for a variety of uses, including professional offices, personal service businesses, single-family homes, apartments, bed-and-breakfasts, retail, and more (subject to specific zoning regulations). The seller is willing to refresh the exterior with painting and landscaping upon request. Its prime location, adjacent to major public parking, ensures high foot traffic and accessibility. The property's tax assessment reflects a 2023 Town tax bill of $3,494.70 and a Village tax bill of $880.64. The asking price is $1,895,000. An adjacent property, 23 Bridge Street, is also available for purchase as an assemblage, totaling approximately 3,000 square feet on a 0.29-acre lot. This presents a unique opportunity to acquire a significant portfolio in a highly desirable location. The property's dimensional regulations include a maximum building lot coverage of 70% and a maximum building height of two stories or 35 feet. A minimum area of 600 square feet is required per business. The Suffolk County Tax Map number is 0903-002.000-0002-015.001.
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Sean Edison Salon Hair Salon Nail Salon
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Richard Richter Physician
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Nails by Betty Nail Salon
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Shirley's Mind & Body Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
VILLA · Sag Harbor, NYSag Harbor. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.