281 County Rd 39a Southampton, NY 11968-5213
Property profile & analytics
281 County Rd 39a, Southampton, NY 11968-5213
- Motels
- 9,010 SF
- 2.30 lot acres
Property ID
US63-2881650
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.
Location Intelligence
Current Use by Public Records
- Capri Hotel Southampton / Hotel & Motel
- Ketchy Beach / Restaurant
- NAIA / Grocery & Convenience Store / Food Market
Property Details for 281 County Rd 39a
- Year built
- 2001
- Lot size
- 2.30 lot acres
- Zone code
- HB
- Property type
- Motels
- APN
- 0900-132.00-02.00-050.001
- APU
- 900132000200050001
Description
This exceptional 2-acre Southampton property presents a unique investment opportunity: a thriving mixed-use hotel and restaurant. Boasting 29 elegantly appointed guest rooms – including 14 Club King rooms, 12 Club Double rooms, and 3 Suites (two with King beds, one with double beds) – this establishment offers a luxurious and sophisticated experience. The property also features a stunning pool and ample parking, creating an ideal setting for upscale events and gatherings. The stylish restaurant boasts a significant seating capacity, with 80 seats indoors and an additional 35 seats outdoors, complemented by both indoor and outdoor bar areas. Each guest room exudes a "beach chic" ambiance, perfectly capturing the Hamptons' summer spirit. Its prime location, moments from Southampton Village and pristine ocean beaches, ensures high demand and consistent occupancy. The property's rich history includes previous operations under renowned brands like the Pink Elephant, Nobu, and BLT, establishing a strong reputation within the community. Currently, NAIA Hamptons operates the hotel's restaurant, outdoor bar, and vibrant pool area, hosting popular weekend pool parties featuring renowned DJs. This turnkey operation presents a rare chance to acquire a well-established and highly profitable business in one of the most desirable locations in the Hamptons. The asking price is $29,000,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $910,000
- 6.5%
- $840,000
- 7%
- $780,000
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $795,000 Current use
- OFFICE BUILDING
- $1,285,000 Change: +61% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $775,000 Change: -3% Conversion: Difficult
- RETAIL STORES
- $695,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Southampton
- County
- Suffolk
- State
- New York
- Longitude
- -72.3895
- Latitude
- 40.9
- 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
$18,382
$878,000
$3,376,100
$4,254,100
-
$1,263,309
$4,857,698
$6,121,007
