21 Hl St Southampton, NY 11968-5316
This established pizzeria restaurant, located on Hill Street in the Village's main thoroughfare, is offered for sale. The sale includes the business, equipment, and a long-term lease. The recently modernized operation boasts online ordering capabilities, Grubhub integration, a new point-of-sale system, and dedicated delivery staff. The 2,000 square foot restaurant features seating for 80 patrons in a comfortable dining room, a convenient takeout counter, a bar area, and an extensive storage basement. The 0.015-acre lot provides rear building access for parking, outdoor storage, and convenient placement of a walk-in refrigerator/freezer. This efficient layout is ideal for streamlined food delivery services. The entire 3,706 square foot building is currently vacant and available, with spaces divisible down to 91 square feet. This presents a unique opportunity for a buyer to acquire a turnkey operation with significant potential for growth in a prime location. The property is categorized as wet retail restaurant and offers multiple tenancy options.
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Paul's Italian American Restaurant Restaurant
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Mikronexus (Bike/Boat/Book/etc) Store Corporate Office
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 · Southampton, NYSouthampton. 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.