2 Newtown Ln – PRIME location — $6,350,000 @ 5.5% CAP

$6,350,000

A prime East Hampton Village location comes on the market for the first time in 25 years. The 6000 square foot interior consists of 2000 sf on each of the two floors, with a bonus 2000 square foot basement for storage. The building is in excellent condition with a new roof and new AC installed this year. Long term tenants make this a perfect investment opportunity and… The current development of a new sewer system in the commercial district of the Village of East Hampton, will enhance future leasing opportunities for this property; subsequently increasing the building value. All interested buyers are encouraged to inquire further with broker. Timing appears to be optimal in maximizing income potential for this highly visible corner.

Property Details

Town

East Hampton

Type

Rental

Bedrooms

0

Bathrooms

0

Acres

.10

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