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68-100 Old Riverhead Rd
Westhampton Beach, NY 11978
Retail Property For Sale
Investment Highlights
- The Shopping Center is approximately 85% occupied with strong local and credit tenancy.
- Less than 1-mile from Gabreski Airport and the Hamptons Business District.
- Value-add opportunity, immediate cash flowing property with upside.
- Located along major thoroughfare, through Dune Road, a 14-mile stretch of exquisite estates and oceanfront homes.
- The Hampton's Business District features the East End's first and only Class A Business Park.
- The Property spans across two buildings and three acres with approximately 80 lined parking spaces.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
25,482 SF
Building Class
C
Year Built
1998
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.86 AC
Zoning
B2
Parking
75 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
365’ on Old Riverhead Rd
Property Taxes
| Parcel Number | 0905-002-00-02-00-006-003 | Improvements Assessment | $2,291,600 |
| Land Assessment | $1,415,200 | Total Assessment | $3,706,800 |
Property Taxes
Parcel Number
0905-002-00-02-00-006-003
Land Assessment
$1,415,200
Improvements Assessment
$2,291,600
Total Assessment
$3,706,800
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