Property profile

9 Railroad Ave East Hampton, NY 11937

FOR LEASE
Auto shops
Property ID
US63-2798025
0.39 ac lot
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,000-square-foot property at 9 Railroad Ave, East Hampton Village, NY 11937, presents a rare opportunity. Originally an auto repair shop, this meticulously renovated space seamlessly blends industrial charm with modern elegance. High ceilings, expansive windows, and four garage roll-up doors create a versatile, open atmosphere ideal for a variety of uses, including retail, an art gallery, or executive offices. The layout is naturally divided into three sections, facilitating a smooth flow for customers or employees. Located in the heart of East Hampton Village's thriving business district, this property benefits from its proximity to numerous complementary businesses, including food shops, galleries, and banks. Ample parking is readily available, ensuring convenient access for visitors. Built in 1985, this single-tenant space offers a unique character and historical charm, making it perfect for a discerning business seeking a distinctive presence in this desirable location. The property features no elevators. The space is immediately available.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.39 ac (16,988 SF)
APN 0301-002.00-02.00-003.000
UPID US63-2798025

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Solar Energy Contractor

Location

9 Railroad Ave East Hampton, NY 11937
East Hampton metro Census 200901 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.03M

Owner & transaction history

since 2023
Last sale
$1.6M
1 recorded transaction
2023
$1.6M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message