Property profile

21 Goodfriend Dr East Hampton, NY 11937

FOR SALE
Other industrial land
Property ID
US63-1982218
0.92 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a 0.92-acre parcel located northeast of East Hampton Airport, between East Hampton Village and Sag Harbor Village, and is zoned Commercial-Industrial (CI) within the Goodfriend Industrial Complex. The site has flat topography. Pending site plan approval, the parcel’s tentative development allowances include 50% clearing, 40% total coverage, and 30% building coverage. Depending on the eventual use and number of floors, the site could accommodate an approximately 6,000 sq ft building with parking for up to about 30 vehicles. Based on Town of East Hampton zoning, potential uses include workshop, boatyard, warehouse, auto garage, film studios, exercise, wholesale bakery, and trucking. The surrounding area includes both light industrial and service-oriented businesses and facilities such as moving and storage, self-storage, excavation, schools, and related commercial uses.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.92 ac (40,075 SF)
APN 0300-181.00-04.00-001.004
UPID US63-1982218

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21 Goodfriend Dr East Hampton, NY 11937
East Hampton metro Census 200903 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.40M

Owner & transaction history

since 2022
Last sale
$1.4M
2 recorded transactions
2022
$1.4M
2020
$999,995

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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