1654 County Road 39Southampton, NY 11968

Property Details for 1654 County Road 39

Year built

1990

Lot size

0.65 AC

Property size (Sq ft)

3,080 SF

Zone code

HB

Property type

Investment properties

Property subtype

Retail residential properties

APN

0900-177.00-03.00-010.002

APU

900177000300010002

Description

This exceptional 1.74-acre commercial property in Southampton, NY, offers a unique blend of office, warehouse, and showroom space, totaling 2,559-2,857 square feet. Ideally situated on County Road 39, it boasts high visibility and easy access to major transportation routes. Currently configured as a unified headquarters, the property features a highway-facing showroom, a warehouse with internal storage structures, and a separate office building with open workspace, private offices, a kitchenette, and a conference room. The property also includes approximately 60 parking spaces, accommodating both cars and trucks. Zoned HB Highway Business, this versatile property allows for a wide range of uses, including heavy commercial, retail, medical, and flex industrial. The well-maintained property also offers a back patio and in-ground pool. Its prime location and potential for multi-tenancy make it a standout offering in a highly sought-after commercial corridor. The corner lot location with curb cuts on Greenfield Road provides superior access compared to most highway-front properties. Asking price is $4,195,000. APN: 473689 177.000-0003-010.002.

• CAP approach

  CAP return

  Valuation

  6%

  $645,202

  6.5%

  $595,571

  7%

  $553,030

• Comparable approach

  Method

  Valuation

  Relative Method

  $410,481

  Geo Method

  $410,481

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,150,220

  Retail / Commercial

  $594,224

  Hospitality / Lodging

  $441,463

  Office

  $595,642

  Institutional / Educational

  $620,392

  Residential Income

  $725,859

  Multifamily

  $851,344

  Automotive / Energy

  $531,765

  Parking / Income-Based Land

  $180,082

  Restaurant / Food Service

  $317,157

  Healthcare / Senior Housing

  $607,193

Location Insight

City

Southampton

County

Suffolk

State

New York

Latitude

40.8951

Longitude

-72.4545

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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