55 Newtown Ln - Storefront Retail/Residential CONDO FOR SALE


East Hampton, NY 11937
$2,500,000 USD
631-480-5225
55 Newtown Ln, East Hampton, NY for Sale
$2,500,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/16
null | 6% Cap Rate

55 Newtown Ln
East Hampton, NY 11937


OVERVIEW

Prime Village Location — Situated on Newtown Lane in the core of East Hampton Village's business district, this fully renovated commercial condominium offers a rare opportunity to acquire a stabilized investment in one of the Hamptons' most sought-after commercial corridors. Steps from the Village's marquee retail, dining, and services, the location supports consistent occupancy and enduring value. Turnkey Configuration with Modern Finishes — The property comprises eight private office units sharing a central kitchen and two bathrooms, creating an efficient, collaborative environment for professionals. Each office has been thoughtfully upgraded with high-quality finishes & built-in furnishings — a clean, contemporary aesthetic with broad tenant appeal. Proven Income with Long-Term Stability — With minimal historical vacancy and net operating income of approximately $150,000 per year, the offering presents a reliable, low-maintenance investment in a supply-constrained market. Whether held for stabilized income or restructured for owner-occupancy, the East Hampton Village office market offers sustained tenant demand and exceptional fundamentals. In Good Company - Newtown Lane neighbors include Brunello Cucinelli, Zimmermann, Chanel, Louis Vuitton, Eric Emanuel, Capital One Bank, Cittanuova, Amber Waves, and Verizon. Asking Price: $2,500,000 Contact the Hamptons Commercial RE Team for additional information. Offered as a commercial condominium (second-floor office). Common charges and additional financial detail available on request.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

55 Newtown Ln, East Hampton

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

4,000 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Office

APN/PARCEL ID

0301-003-02-01-00-001-000,0301-003-02-01-00-002-000

ASK ABOUT THIS PROPERTY

Sean DeeryCompassMore Info
631-480-5225

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Sean DeeryCompassMore Info
631-480-5225

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