80 Clay Pit Rd, Sag Harbor, NY 11963
This exceptional 3.75-acre property in Sag Harbor, NY, presents a unique investment opportunity. Comprising two adjoining parcels at 80 and 92 Clay Pit Road, this land offers a blend of commercial, industrial, and residential zoning (CR200, 100% permitted). One parcel (1.975 acres) is vacant residential land, while the other (1.773 acres) currently houses a 1,900 square foot commercial building and extensive outdoor storage, reflecting a grandfathered industrial use. The property's strategic location, less than two miles from Sag Harbor Village's Long Wharf, combines proximity to prime industrial properties with the allure of neighboring multi-million dollar estates. This presents a diverse range of potential uses, including continuing existing operations, pursuing rezoning for expanded industrial applications, or redeveloping into single-family estates. The parcels boast significant depth (approximately 815ft and 740ft respectively) and a consistent width of approximately 115ft. The asking price is $3,895,000. APN numbers are 0900-025.00-01.00-024.000 and 0900-025.00-01.00-025.000. This property offers significant flexibility and high potential return on investment in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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