NY > East Hampton
East Hampton, NY 11937,105 Newtown Lane
East Hampton, NY 11937,105 Newtown Lane
East Hampton, NY 11937,105 Newtown Lane
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
30
Nov
Mon
1
Dec
Tue
2
Dec
Hal Blake

Hal Blake

+1(718) 608-4892
$13,750,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11168101

Property Description

105-107 Newtown Lane (the "Property") is prime, mixed-use asset. The Property is one of the largest commercial, mixed-use buildings in East Hampton. It includes three street-level commercial units, eight 1 bedroom rented residential apartments, and a separate 4-bedroom, 4-bathroom rental house. The property is fully leased. The property is 9,342 SF (0.21 acres) with 10,900 SF of Gross Floor Area in the main building plus a 3,000 SF of basement space. This 10,900 SF is split roughly into 6,800 SF of residential space and 4,100 SF of commercial space. In addition, the 1150 sf of garage space may be converted to dry retail. The Property has an excellent location on one of East Hampton's main high streets - Newtown Lane. The site is located on Newtown Lane and the corner of Railroad Avenue. It's within short walking distance of Main Street in the Village of East Hampton. East Hampton's train way station is located diagonally opposite the property. This location has driven absorption such that there has not been a vacancy in a decade. There are no un-utilised development rights available today however in 2-4 years, the town will install a sewer system which will allow for more density throughout town. Thereafter, we believe additional development opportunities will materialize at that time.

Location

State NY

County 36103

Rooms

Dining Room 0

Kitchen 0

Read Less Info

GET MORE INFORMATION

Hal Blake
Hal Blake

Broker | License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY, 10314-3403, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Hal Blake Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

105 Newtown Lane

QUICK SEARCH
VIEW MORE
};