1655 County Road 39 - Hospitality FOR SALE


Southampton, NY 11968- Outlying Eastern Suffolk
$26,999,000 USD
631-537-4337
1655 County Road 39, Southampton, NY for Sale
$26,999,000 USD
Hospitality - FOR SALE
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1655 County Road 39
Southampton, NY 11968
Outlying Eastern Suffolk


OVERVIEW

An exceptional chance to own a 62-room hotel in the heart of Southampton, ideally located just minutes from world-class shops, renowned restaurants, and pristine ocean beaches. This well-maintained property offers a full suite of guest amenities, including a spacious pool, bar, and tennis courts-making it a sought-after destination for visitors year-round. Approved redevelopment plans are in place and ready for finalization, offering significant upside potential for investors or hospitality operators looking to reimagine and elevate the experience. This includes a spa, 72 seat restaurant / bar, and 60 hotel rooms. Whether you're expanding a portfolio or launching a flagship property, this is a rare opportunity to invest in one of the Hamptons' most iconic and high-demand locations.

FOR SALE DETAILS

PRICE

$26,999,000 USD

PRICE/SF

$878 USD /SF

# OF ROOMS

62

PRICE/ROOM

$435,468 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Atlantic

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

71

LAND DETAILS

LAND ACRES

4.1 AC

LAND SF

178,596 SF

ZONING

HB

APN/PARCEL ID

0900-177-00-01-00-028-000

ASK ABOUT THIS PROPERTY

Jared SchiavoniBrown Harris StevensMore Info
631-537-4337

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Jared SchiavoniBrown Harris StevensMore Info
631-537-4337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.