In October that three significant commercial buildings in East Hampton and Sag Harbor Village changed hands, including a well-known restaurant.

“These three closings demonstrate the depth of demand for high-quality, income-producing commercial properties across the Hamptons,” says Hal Zwick of the Hamptons Commercial Real Estate Team at Compass who handled the trades. “Whether it’s iconic restaurant properties, fully stabilized retail, or mixed-use opportunities, investors continue to see long-term value in the East End.”

The transactions include 36 Newtown Lane, home for more than four decades to the beloved Sam’s Pizza with its iconic neon sign, leaving many to wonder what’s ahead. The restaurant reportedly has two years left on the lease.

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