Home For Sale In Southampton, New York

house for sale

Listed: 01/14/24

264 North Sea Road, Village of Southampton, Suffolk County, NY 11968, USA

12 Bed:

8 Bath:

5,000 Sq Ft Living Area:

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Price

$ 2,86M

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About This House

This shy acre, pre-existing and non-conforming rental offers a considerableROI. Stretching 400 ft. deep from North Sea Rd., the front 200 ft. is zonedCommercial/Office and presently houses three (3) offices. The back half of theproperty, zoned residential, has three (3) independently sustained cottages.All units are occupied and generate over 6.54% cap. Another potential lies indevelopment. The commercial portion, under village consideration for retailzoning, will presently accommodate an11,500sq.ft. office building while therear residential portion supports a new 2,600 sq.ft. house. Enter the villagefast becoming a medical and legal professional center of the East End.

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