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Property profile & analytics
FOR SALE
Showrooms
367 Butter Ln Bridgehampton, NY 11932-4102
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US63-2373926
No photos on file
For Sale
Contact for pricing
367 Butter Ln, Bridgehampton, NY 11932-4102
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1993
Total area
9,920 SF
Lot
2.1 ac (91,476 SF)
Zoning code
CR80
APN
0900-052.00-01.00-031.003
UPID
US63-2373926
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$230k
Owner & transaction history
Potato Barn LLC · 19 yrs held
Potato Barn LLC
since 2007
6 recorded transactions
Zoning & alternative use
CR80 · Bridgehampton, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bridgehampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgehampton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$230k
Range $207k – $253k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$23 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$5,407
Tax year 2020
Assessed value
$1,491,100
Assessed 2023
Previous assessed
$1,491,100
+0.0% YoY
Effective rate
0.36%
On assessed value
Assessed land
$419,900
Assessed improvement
$1,071,200
Land market value
$604,173
Improvement market value
$1,541,295
Total market value
$2,145,468
Applied tax rate
473,609.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1993
Heating
NONE
Buildings
2
Total area
9,920 SF
Lot
2.1 ac (91,476 SF)
Zoning code
CR80
APN
0900-052.00-01.00-031.003
UPID
US63-2373926
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
CR80 · Bridgehampton, NYZoning CR80 · permitted uses
CR80 · Bridgehampton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Buildings
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
Potato Barn LLC
Entity
Mailing address
PO BOX 1148, WAINSCOTT, NY 11975-1148
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2019
—
Potato Barn LLC
—
Loan Modification, Consolidation And Extension
related
$4,250,000 · Suffolk FCU
Jun 18, 2007
—
Potato Barn LLC
Telemark INC
Grant Deed
related
—
Jan 7, 2002
—
Telemark INC
—
Deed Of Trust
related
$2,000,000 · Greenwich Insurance Co
May 14, 2001
—
Telemark INC
Telemark Construction INC
Quit Claim Deed
related
$750,000 · Bridgehampton National Bank
—
—
Telemark INC
—
Deed Of Trust
related
$500,000 · Bridgehampton National Bank
—
—
Potato Barn LLC
—
Deed Of Trust
related
$2,998,327 · Suffolk FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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