United StatesNew YorkSouthamptonSouthampton Village15 Prospect Street, Southampton, NY 11968

15 Prospect Street, Southampton, NY 11968

Southampton Village Condo Development Opportunity

15 Prospect Street, Southampton, NY 11968

Exclusive
$5,500,000
1.57
Acres
1930
Year Built
WEB# 919571
This historic Southampton Village restaurant location is now available for sale for possible condominium development. The site is 68,674 ft. or 1.577 acres. Two possible development options have been discussed. Option 1- would be 12 units with 6-1 bedroom units of approximately 600 ft. each and 6-2 bedroom units of approximately 1200 ft. each. This option would not require any additional septic systems. Option 2- would be 26 units consisting of 13-1 bedroom units of approximately 600 ft. each and 13-2 bedroom units at approximately 1200 ft.each. This would require a new water treatment facility.
Lee V. Minetree
Licensed Associate Real Estate Broker
2287 Montauk Highway
Bridgehampton, 11932
2287 Montauk Highway
Bridgehampton, 11932
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