This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

44-48 Hampton Rd
Southampton, NY 11968
La Parmigiana · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,494 SF
Building Class
B
Year Built
1931
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.18 AC
Zoning
VB-Village Business - Village Business
Parking
5 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
40’ on Hampton Rd

Amenities

  • Restaurant

About 44-48 HAMPTON RD , SOUTHAMPTON, NY 11968

Bring your vision to recreate one of Southampton Village's most iconic and sizable restaurants currently on the market. Boasting 66 seats inside, with an additional 33 seats outside, the venue is currently the largest restaurant for sale in the village offering a new owner tremendous upside for future concepts and maximizing profits. Own a piece of Southampton's history and join the ranks of some of the countries most prestigious eateries that call the village home. Wald Real Estate Associates has been retained on an exclusive basis to arrange for the sale of the one-story (plus basement and patio) property 44-48 Hampton Road, known for decades as La Parmigiana. The subject property is situated on the highly-trafficked south side of Hampton Road, positioned in the heart of Southampton Village. 44-48 is located in the areas most frequented retail corridors which sees maximum foot/auto traffic all year round. Just 86 miles from New York City, it is home to much of the world' s most sought after real estate, sustaining international recognition. Currently a staple of the Hamptons, the location is available for sale for the first time in over 45 years. In the past few years, Hampton Road has been revamped and sought after by adding tenants such as Citarella Gourmet Market, Starbucks, and White' s Apothecary, all of which are active year-round, ensuring consistent foot traffic driven to the current businesses' location. Other neighboring destinations include Le Charlot, 75 Main, Juice Press, Tutto ll Giorno, Sant Ambroeus, Kozu Hamptons, Intermix, Polo Ralph Lauren, Southampton Social Club, Jue Lan Club, Little Red and Red Bar Brasserie. 44-48 Hampton Road is minutes away from world-renowned beaches, private country clubs, museums, golf courses and nightlife. The built structure is 5,494 gross sf of which 2,255 sf of the total is usable commercial space, and 3,239 sf is usable basement/kitchen prep. There is an additional 800 sf allotted to the outdoor dining area, which can be used seasonally to increase the overall seating capacity. The subject property benefits from restaurant use and a 66 seating occupancy inside with an additional 33 seats outside. Impressively, the property comes with five private parking spaces along with a large municipal parking lot located directly behind the restaurant. The space is conducive for reconfiguration of the current floor plan offering owners and operators numerous opportunities to utilize or rework the space to maximize profit. The venue is currently underutilized but can be expanded through a robust catering business, full liquor license/bar, events, and full breakfast/ brunch menu. 44-48 Hampton Road can be delivered vacant to allow for immediate occupancy or leasing. All site inspections must be made by appointment only. The space can remain one store front, or be converted back to it's original two separate addresses generating duel incomes.

Property Taxes

Property Taxes

Parcel Number
0904-006-00-04-00-015-000
Land Assessment
$557,100
Improvements Assessment
$121,900
Total Assessment
$679,000
  • Listing ID: 9622707

  • Date on Market: 10/16/2017

  • Last Updated:

  • Address: 44-48 Hampton Rd, Southampton, NY 11968

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}