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64 Old Riverhead Road

Westhampton Beach, NY 11978
  • $2,200,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 3519752
UPDATED: 65 min ago
$2,200,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2002
County:
Area:

School Ratings & Info

Description

If you've ever wanted the opportunity to set up your business on a main artery in Westhampton Beach Village, the time has come! No need to look any further, as this fantastic property offers (3) separate 900 sq.ft offices with (3) solid tenants, whose 5 Yr Leases Expire on 6/1/24. They all wish to renew, so you may choose to do so, or use the entire building for your own business needs. The added bonus is the 2nd Floor, Two-Bedroom Apartment, measuring 850 sq ft. This presents an ideal opportunity to either live where you work, or keep the existing long-term Tenant, who would like to stay. The Building & Property are impeccably maintained, both inside & out! There is a Full, Dry, Walkout Basement offering an additional 3,000 square feet of space to finish & add to the existing office space for one of the existing Tenants, or for the New Owner. 2,000 square feet of the Basement has 8 foot ceilings and the remaining 1,000 square feet has 7 foot ceilings. An interior staircase exists in the Basement with (2) Egress windows. Every office has its own Gas & Electric Meters, featuring Gas Heat & Central A/C. There is also a House electric meter for the Parking Lot lights, of which there are 20 Parking spots. The property offers Public Water, Fire & Lawn Sprinklers & a Central Fire Alarm. Nearby Businesses include: Amazon; located in the Hampton Business District, Francis S.Gabreski Airport, True Value Hardware, Hampton Coffee Company & Dunkin' Donuts. Westhampton Beach offers some of the Finest Restaurants, Shops, Ocean Beaches & Parks found anywhere in the Hamptons! **WE'VE SAVED THE BEST FOR LAST!** The Owner would like to hold a Private Mortgage Note on $1,000,000 of the purchase price for 15 years at 5.5% !!!

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman Real Estate. Data last updated: 2024-02-23T13:20:13.05.
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64 Old Riverhead Road Westhampton Beach, NY 11978

  • Price: $2,200,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 65 min ago
  • MLS #: 3519752
0
Beds
0
Baths
0
½ Baths
0.47
Acres
2002
Built
Neighborhood:
Southampton
County:
Suffolk
Area:
Southampton
Property Description
If you've ever wanted the opportunity to set up your business on a main artery in Westhampton Beach Village, the time has come! No need to look any further, as this fantastic property offers (3) separate 900 sq.ft offices with (3) solid tenants, whose 5 Yr Leases Expire on 6/1/24. They all wish to renew, so you may choose to do so, or use the entire building for your own business needs. The added bonus is the 2nd Floor, Two-Bedroom Apartment, measuring 850 sq ft. This presents an ideal opportunity to either live where you work, or keep the existing long-term Tenant, who would like to stay. The Building & Property are impeccably maintained, both inside & out! There is a Full, Dry, Walkout Basement offering an additional 3,000 square feet of space to finish & add to the existing office space for one of the existing Tenants, or for the New Owner. 2,000 square feet of the Basement has 8 foot ceilings and the remaining 1,000 square feet has 7 foot ceilings. An interior staircase exists in the Basement with (2) Egress windows. Every office has its own Gas & Electric Meters, featuring Gas Heat & Central A/C. There is also a House electric meter for the Parking Lot lights, of which there are 20 Parking spots. The property offers Public Water, Fire & Lawn Sprinklers & a Central Fire Alarm. Nearby Businesses include: Amazon; located in the Hampton Business District, Francis S.Gabreski Airport, True Value Hardware, Hampton Coffee Company & Dunkin' Donuts. Westhampton Beach offers some of the Finest Restaurants, Shops, Ocean Beaches & Parks found anywhere in the Hamptons! **WE'VE SAVED THE BEST FOR LAST!** The Owner would like to hold a Private Mortgage Note on $1,000,000 of the purchase price for 15 years at 5.5% !!!
Exterior Features

Cross Street Montauk Hwy Overhead Door 0 Stories Total 2 Waterfront Features Beach Access

Interior Features

Heating Natural GasForced Air Office Percent Of Building 75

Property Features

Business Type Mixed Current Use OfficeResidential Gross Income 123000 MLSArea Minor 31 Net Operating Income 100543 Operating Expense 22457 Property Sub Type Mixed Use Sewer Septic Tank Tax Annual Amount 13960 Tax Annual Amount1 13960 Zoning Description Commercial

Listing courtesy of Richard Connelly of Douglas Elliman Real Estate: 631-723-2721
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman Real Estate. Data last updated: 2024-02-23T13:20:13.05.
 
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Douglas Elliman Real Estate
1772 E. Jericho Turnpike
Huntington NY, 11747