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Financial
Distress signals
Property profile

32 Park Pl East Hampton, NY 11937

FOR LEASE
Investment properties
Property ID
US63-3626594
0.06 ac lot
Last sale May 2023
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a multi-tenant retail building ideally situated in the heart of East Hampton Village's vibrant shopping district. Located at 32 Park Place, this single-story structure boasts 1,585 square feet of net leasable space, divided into two units. Unit 1, measuring 778 square feet, is currently leased to Latin Express, while Unit 2, encompassing 807 square feet, is also currently leased. The property features 45 feet of frontage on Park Place,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$8k
Assessed land$2k
Assessed improvement$6k

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 309.88% cap applied$31k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
309.88%
$31k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand index
Hair Salon10.2
Auto Parts Store9.3
Laundry Service8.9

Location

32 Park Pl East Hampton, NY 11937
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
404 Pantigo, East Hampton, NY 11937-2648 $8,500,000 Aug 2025 No data
241 Pantigo, East Hampton, NY 11937-6100 $10,750,000 Mar 2025 No data
196 Treescape, East Hampton, NY 11937-2154 $1,395,000 Dec 2024 No data
63 Main, East Hampton, NY 11937-2701 $9,650,000 Apr 2023 No data
109 Pantigo, East Hampton, NY 11937-2641 $3,850,000 Aug 2022 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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