2 Main St, Sag Harbor, NY 11963
For Lease
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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.
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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.