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Capri Southampton 281 County Road 39A 29 Room Hotel Southampton, NY 11968 $29,000,000 ($1,000,000/Room)

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INVESTMENT HIGHLIGHTS

  • Property features an indoor and outdoor bar.
  • RESTAURANT 80 Indoor Seats 35 Outdoor Seats.
  • Pool with fantastic lounge area.
  • 2.30± ACRES.

EXECUTIVE SUMMARY

Iconic Southampton hotel and restaurant available for sale. The property features 30 keys, 14 club kings, 12 Club Doubles, 2 Suites with Kings and 1 suite with double beds, pool, ample parking creating an oasis for upscale events and dining. The stylish restaurant has 80 seats inside, 35 seats outside, plus an indoor and outdoor bar. Every room has a beach chic vibe, making the perfect summer getaway. Moments from Southampton Village and world class ocean beaches. The hot spot was previously home to the Pink Elephant, Nobu, and BLT. Currently NAIA Hamptons operates the Hotel's elegant restaurant, outside bar, and vibrant pool area where renowned DJ's perform at weekend pool parties.

PROPERTY FACTS

Price $29,000,000
Price Per Room $1,000,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.30 AC
Building Size 12,216 SF
No. Rooms 29
No. Stories 1
Year Built/Renovated 1960/2011
Parking Ratio 6.22/1,000 SF
Corridor Exterior
Zoning HB - Highway Business

AMENITIES

  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 3 $1,049 -
Guest Room 26 $649.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0900-132-00-02-00-050-001
Land Assessment
$878,000
Improvements Assessment
$3,376,100
Total Assessment
$4,254,100
  • Listing ID: 29097161

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 281 County Road 39A, Southampton, NY 11968

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