97 N Sea Rd - Office FOR SALE


Southampton, NY 11968- Outlying Eastern Suffolk
$3,600,000 USD
631-425-1233
97 N Sea Rd, Southampton, NY for Sale
$3,600,000 USD
Office - FOR SALE
1/5
null | 5.72% Cap Rate

97 N Sea Rd
Southampton, NY 11968
Outlying Eastern Suffolk


HIGHLIGHTS

  • 100% Leased Boutique Office Asset Near Southampton Village
  • Near-Term Owner-User or Repositioning Optionality Beginning in 2027
  • ±43 Parking Spaces | Exceptional ±7.1 Spaces per 1,000 SF

OVERVIEW

Cushman & Wakefield has been exclusively retained to offer for sale 97 N Sea Road, a fully leased boutique office asset positioned near Southampton Village in one of the East End’s most established commercial markets. The ±6,015 SF property is situated on ±1.25 acres and features four office suites, single-story accessibility and approximately 43 on-site surface parking spaces, providing an exceptional parking ratio of approximately 7.1 spaces per 1,000 SF. The offering combines immediate in-place cash flow with meaningful near-term owner-user and repositioning optionality. Existing lease expirations are concentrated between January and April 2027, providing a purchaser with the flexibility to renew existing tenancy, reposition suites, consolidate space or occupy all or a portion of the building, subject to existing leases.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$599 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

Office Business

APN/PARCEL ID

0904-005-00-01-00-014-001

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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