www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29849146
29849203

3 & 9 Railroad Avenue, East Hampton, NY 11937 For Sale

SD
NY NY 10401366519
Compass
Compass Real Estate
JS
NY 10401279108
Compass Real Estate
Listed by Compass, Compass Real Estate
$24,750,000
149 days on market
Updated 59 days ago

The Largest EH Village Commercial Assemblage To Hit Market

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Storefront, Traditional Office (+1)
Buildings 6
Stories 2
Investment Type Redevelopment

The Largest East Hampton Village Commercial Assemblage To Hit The Market.

Marketing description

The Largest East Hampton Village Commercial Assemblage To Hit The Market.

1.97 Acres | Two Parcels | 21,000sf | 6 Buildings | Redevelopment Potential

Once-In-A-Lifetime Development Canvas – A trophy holding embedded in one of the nation’s most prized luxury villages, offering the rare ability to control, curate, & elevate a marquee commercial footprint where true scale is almost never available.

Irreplaceable Opportunity In A Supply-Constrained Market – Legacy assets of this stature can be counted on one hand. The assemblage’s contiguous, multi-structure format supports a flagship occupancy strategy, a deliberately programmed multi-tenant destination, or a long-hold platform designed to compound value through stewardship and selective repositioning.

Iconic Destination Potential In The Village Ecosystem – Directly integrated into the Village’s core activity and adjacent to the East Hampton LIRR Station, the property can evolve from a cornerstone holding into an iconic, regionally known destination.

Flexible Grandfathered Commercial Utility – The assemblage supports a wide range of fitness, service, retail, warehouse, and office-oriented uses. This flexibility creates a durable platform for stable operations today and strategic development repositioning over time.

3 Railroad Avenue – 15,780sf across five buildings on 1.7 acres.

9 Railroad Avenue – 5,500sf across two buildings on 0.30 acres.

Multi-Parcel Control In A Supply-Constrained Village Market – 3 & 9 Railroad Avenue form a two-parcel commercial assemblage totaling 1.97 acres with 21,280sf of leasable space - an exceptionally uncommon scale in East Hampton Village. With expansive yard areas, multiple access points, and a diversified building mix, this offering presents a true “campus” opportunity for investors & end users seeking long-term control in a market defined by scarcity.

Diversified Improvements With Substantial In-Place Income – The existing configuration has historically maintained strong occupancy. The property offers meaningful current income with clear pathways to near-term rent uplift through lease-up, re-tenanting, and modernization - achievable with reasonable CapEx - creating immediate upside without redevelopment risk.

A wide range of possible redevelopment scenarios, but all of them are a generational opportunity.

A near-term alternative to a total redevelopment would be an enhancement of the current configuration.

All plans subject to approvals by East Hampton Village and Suffolk County Health Dept.

Inquire with the Hamptons Commercial RE Team for additional information.

Investment highlights

Largest East Hampton Village Commercial Assemblage To Hit The Market

1.97 Acres Across Two Parcels | 21,000sf Across 6 Buildings With Development Potential

Shape The Future Of East Hampton Village

Listing Contacts

SD
NY NY 10401366519
Compass
Compass Real Estate
JS
NY 10401279108
Compass Real Estate
Listed by Compass, Compass Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Sean Deery
License
NY 10401366519
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591