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32 Park Pl 785 - 1,585 SF of Retail Space Available in East Hampton, NY 11937
HIGHLIGHTS
- Prime Park Place Location
- Two Distinct Units
- Flexible Leasing Options
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 800 SF | Negotiable | $150.00 /SF/YR $12.50 /SF/MO $120,000 /YR $10,000 /MO | TBD | ||
| 1st Floor | 785 SF | Negotiable | $151.42 /SF/YR $12.62 /SF/MO $118,865 /YR $9,905 /MO | Triple Net (NNN) |
1st Floor
- Prime Park Place Location
- Two Distinct Units
- Flexible Leasing Options
- Units may be leased separately or together
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,585 SF | Gross Leasable Area | 1,585 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,585 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,585 SF |
| Year Built | 1960 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
East Hampton Village Retail Two Boutique Units Available for Lease Prime Park Place Location – Situated in the core of East Hampton Village’s shopping district, 32 Park Place fronts the Village’s main public parking lot and walking corridor. With 45 feet of frontage, the property anchors one of the most visible and high-demand stretches of Park Place, known for its boutique alleyway shops. Two Distinct Units – The single-story building offers 1,585sf across two separate spaces. The 778sf unit, with southern exposure to a public walkway, is currently configured as a multi-services business. The 807sf unit, positioned toward the street, is built out for fashion retail. Both layouts are flexible and allow for custom build-outs to meet tenant needs. Flexible Leasing Options – Units may be leased separately or together. Each space is available at $10,000/month + NNN, offering an efficient opportunity for operators seeking a boutique-sized footprint in one of the most competitive retail markets in the Hamptons.
- 24 Hour Access
- Bus Line
- Commuter Rail
- Courtyard
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Accent Lighting
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
NEARBY MAJOR RETAILERS
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32 Park Pl
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