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    FOR LEASE
    Investment properties

    2 Main St, Sag Harbor, NY 11963

    4,925 SF 0.27 ac lot Built 2010
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-6045007
    Property summary
    AI-generated overview

    This exceptional retail property, located at 2 Main St, Sag Harbor, NY 11963, presents a compelling investment opportunity. The 4,600 square foot building sits on a substantial 29-acre lot and is zoned for Village Business use, offering significant flexibility for a variety of retail ventures. The property boasts a strong pro-forma net operating income (NOI) of $580,000, demonstrating its proven profitability. Situated in the vibrant heart of Sag Harbor Village, this location benefits from high foot traffic and excellent visibility. The property is offered as a Triple Net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance, minimizing the landlord's operational responsibilities. The property's substantial lot size provides ample room for expansion or future development, subject to local zoning regulations. The Suffolk County location offers easy access to major transportation routes and a thriving community. This is a rare opportunity to acquire a high-performing retail property in a desirable and sought-after location. The property's SCTM number is 0903-02.000-0002-007.003. This turnkey investment is ready for immediate occupancy or further development. Serious inquiries only.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 2010
    Total area 4,925 SF
    Lot 0.27 ac (11,761 SF)
    Zoning code VILLA
    APN 0903-002.00-02.00-007.003
    UPID US63-6045007
    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
    • Espresso Da Asporto Restaurant
    • K Pasa Restaurant
    • The UPS Store Courier Service Postal Service
    • Yummylicious! Cafe & Coffee Shop Take-out & Catering
    • Valkyrie Sailing Charters Boat Rental Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.59M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.06M
    Owner & transaction history
    2 Main Street Owner LLC · 1 yrs held
    2 Main Street Owner LLC
    since 2025
    Last sale
    $11.2M
    3 recorded transactions
    2025
    $11.2M
    2021
    $18.2M
    2005
    $2.6M
    Zoning & alternative use
    VILLA · Sag Harbor, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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