East Hampton Village Core Shopping District Investment Property on Park Place

32 Park Pl

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Property Description

Park Place Multi-Tenant Retail Building in the Center of East Hampton Village’s Shopping District

Central to the East Hampton Village shopping experience are the buildings that affront the main Village parking lot along Park Place. Known for the alley way shops and unique boutiques, Park Place retail space is some of the most valued in all of the Hamptons!

Featuring 45ft of frontage on Park Place, 32 Park Place offers a single story structure with two retail units. The building is sidewalk adjacent to the north with an easement for a walking path on the western side of the property. Total parcel size is 0.061-acres.

Unit 1 – 778sf – Leased

Unit 2 – 807sf – Leased

East Hampton retail demand has been one of the strongest in the history of the Hamptons with vendors vying to secure space. These dynamics have been steady and slow to change.

Unique opportunity for an owner-user or standard investment property.

Surrounding Neighbors:
Tutto Caffe, Double RL, Stone Source, John Papas Cafe, Aviator Nation, White’s Apothecary, Bluemercury, Todd Snyder, Compass, Obligato, Gubbins, JPMorgan Chase

Inquire with the Hamptons Commercial RE Team for additional information.

Tax Map #: 0301-003.00-06.00-021.002
2023 Town Taxes – $6,180.90
2023 Village Taxes – $2,438.21

Atachments

Investment Highlights

  • Park Place Retail Building
  • Multi-Tenant Retail
  • 45ft of Frontage
  • Side Alleyway for Pedestrians
  • West Facing Windows
  • Transportation

  • Commuter Rail:
    East Hampton Station
    Drive Time2 min0.5 mi
    Walk Time11 min0.5 mi
    Logohttp://ahprd1cdn.csgpimgs.com/i2/HTnvh8vVMLzTp34_-eLo7WSlGmNjAGs1HergMSv-MRA/1/image.png
  • Commuter Rail:
    Amagansett Station
    Drive Time7 min3.3 mi
    Walk Time64 min3.3 mi
    Logohttp://ahprd1cdn.csgpimgs.com/i2/HTnvh8vVMLzTp34_-eLo7WSlGmNjAGs1HergMSv-MRA/1/image.png
  • Commuter Rail:
    Bridgehampton Station
    Drive Time16 min7.3 mi
    Walk Time141 min7.3 mi
    Logohttp://ahprd1cdn.csgpimgs.com/i2/HTnvh8vVMLzTp34_-eLo7WSlGmNjAGs1HergMSv-MRA/1/image.png
  • Commuter Rail:
    Southampton Station
    Drive Time27 min12.8 mi
    Walk Time247 min12.8 mi
    Logohttp://ahprd1cdn.csgpimgs.com/i2/HTnvh8vVMLzTp34_-eLo7WSlGmNjAGs1HergMSv-MRA/1/image.png
  • Commuter Rail:
    Greenport Station
    Drive Time61 min16.5 mi
    Walk Time312 min16.5 mi
    Logohttp://ahprd1cdn.csgpimgs.com/i2/HTnvh8vVMLzTp34_-eLo7WSlGmNjAGs1HergMSv-MRA/1/image.png
  • MAP

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