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Property profile & analytics
OFF-MARKET Estimated value $2,435,000
Investment properties

131 Main St Southampton, NY 11968-4810

2,760 SF 0.41 ac lot Built 1974
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-6071615
Property summary
AI-generated overview

This exceptional Southampton Village investment opportunity presents a unique blend of commercial and residential space within a single property at 131 Main St. The building offers a substantial 4,402 square feet, strategically divided to maximize its potential. The ground floor encompasses a generous 2,600 square feet of retail space, ideally suited for a diverse range of businesses, capitalizing on the high foot traffic of this desirable location. This expansive area provides ample room for a flagship store, multiple smaller businesses, or a combination thereof. Upstairs, the second floor offers 1,800 square feet of residential space, providing a comfortable and convenient living area above the commercial space. This residential component adds significant value and versatility to the property. The property's location in the heart of Southampton Village ensures high visibility and accessibility, attracting both local residents and tourists. While the lot size is listed as half an acre, the building's prime location and versatile layout make this a truly exceptional investment opportunity for both business expansion and long-term asset growth. The asking price is $2,849,000. This mixed-use property offers a rare chance to own a significant piece of Southampton Village real estate.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1974
Total area 2,760 SF
Lot 0.41 ac (17,860 SF)
Zoning code VILLA
APN 0904-006.00-02.00-009.000
UPID US63-6071615
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • RBC Wealth Management Financial Advisor
  • B B Casa Inc Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.44M
Owner & transaction history
131 Real Estate Holdings · 4 yrs held
131 Real Estate Holdings
since 2021
Last sale
$2.4M
2 recorded transactions
2021
Price N/A
2005
$2.2M
Zoning & alternative use
VILLA · Southampton, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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