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39 Nugent Street, Southampton, NY

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39 Nugent Street

Southampton, NY 11968-4815 - Eastern Suffolk Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1974
Building Size:6,748 SF Land Area:.48 AC (20,922 SF)
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Parking:14 Surface spaces are available; Ratio of 2.07/1,000 SF

Sale Notes:
Starting Bid $750,000
Bid Deposit $10,000
Auction Starts08/11/2014
Auction Ends08/13/2014 and First New York Realty Brokers, LLC are proud to present the opportunity to acquire this vacant 6,748 SF building, expandable to 8,550 SF, located in the affluent neighborhood of Southampton luxury's shopping district. The former site of the Southampton Post Office Branch, this brick constructed building has a loading dock and 14' ceilings. The property is in Long Island and conveniently located along Nugent Street, about 500 feet south west of Main Street, with close proximity to local and national retail and business establishments (i.e.: JPM Chase, HSBC, Rite Aid, CVS, Pottery Barn, Ralph Lauren, Brooks Brothers, Wells Fargo, Sotheby's International Realty, Capitol One Bank etc.).

The building is situated between HSBC and Astoria Federal Savings. This prime location is ideal for a bank, clothing store, museum, auction house and other retail businesses. Its location offers the unique opportunity to brand a business in a community of hard to reach clients and customers.

The Buyer's Premium for this asset is equal to 5% of the winning bid amount or ($20k), whichever is greater. Commercial Commercial
(800) 322-9168

First New York Realty Brokers, LLC
Alexander Schwartz
(212) 249-3729

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