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Property profile & analytics

23 Bridge St Sag Harbor, NY 11963

  • Investment properties
  • 2,058 SF
  • 0.29 lot acres
For Sale
Last Sale
Nov 10, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0142545
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • East End Awning LLC / Awning Supplier

Property Details for 23 Bridge St

Year built
1992
Lot size
0.29 lot acres
Property size
2,058 SF
Zone code
VILLA
Property type
Investment properties
Property subtype
Live-work space
APN
0903-002.00-02.00-014.001
APU
903002000200014001

Description

This exceptional Sag Harbor commercial property, located at 23 Bridge Street, offers a unique investment opportunity. The 0.29-acre lot features three buildings totaling 3,000 square feet, currently used as a fitness studio and office spaces. The main structure, a 2,000 square foot building, is ideally suited for conversion into a quick-service restaurant, with existing space for 16 indoor seats and access to an outdoor patio. A second-floor area could be utilized as an apartment or office. Two additional cottages, one residential (600 sq ft) and one retail/office (400 sq ft), provide further versatility. The property benefits from a private parking lot and a central courtyard connecting all buildings. Its prime corner location, situated between main village parking lots and adjacent to a proposed condo development, promises significant future appreciation. Permitted uses include professional offices, personal services, single-family homes, apartments, bed-and-breakfasts, workshops, grocery stores, retail stores, taverns, fast food establishments, fitness centers, daycares, and outdoor dining. The property's zoning is Office District. Built in 2003, the property consists of two stories across three buildings with four units. This presents a compelling opportunity for a savvy investor seeking a high-return property in a thriving Hamptons location.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Sag Harbor
County
Suffolk
State
New York
Longitude
-72.2971
Latitude
41.0005
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$6,170
$677,000
$472,700
$1,149,700
-
$974,101
$680,144
$1,654,245
More about this property
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