Property profile

80 Clay Pit Rd Sag Harbor, NY 11963

OFF-MARKET
Land
Property ID
US63-2614759
1.77 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.77 ac (77,101 SF)
UPID US63-2614759

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

80 Clay Pit Rd Sag Harbor, NY 11963
Sag Harbor metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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