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Financial
Distress signals
Property profile

23 Bridge St Sag Harbor, NY 11963

FOR SALE
Investment properties
Property ID
US63-0142545
2,058 SF 0.29 ac lot Built 1992
Last sale Feb 2017 · $2,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$6k
Tax billed · 2020
Assessed value · 2023$1.15M
Assessed land$677k
Assessed improvement$473k
Effective rate0.54%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$7k
Operating expenses−$32k
NOI · 1.34% cap applied$53k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$301/SF
County average, outlier-cleaned · 205 recorded sales of this use type
Observed band · Q1–Q3$200 – $462
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1.34%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
VILLA
JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office12.1
Auto Repair Shop11.1
HVAC Service10.4

Location

23 Bridge St Sag Harbor, NY 11963
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22 Long Is, Sag Harbor, NY 11963-3033 $18,850,000 Mar 2025 5,423 SF
52 Main, Sag Harbor, NY 11963-3006 $4,982,400 Oct 2024 6,768 SF
120 Main, Sag Harbor, NY 11963-3007 $4,000,000 Mar 2024 2,480 SF
26 Madison, Sag Harbor, NY 11963-4418 $2,800,000 Apr 2022 1,644 SF
66 Main, Sag Harbor, NY 11963-3006 $3,250,000 Feb 2020 3,627 SF
83 Main, Sag Harbor, NY 11963-3013 $29,375,000 Dec 2018 7,026 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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