About This Home
This 0-bedroom, 0-bathroom condo at 55 Newtown Lane in East Hampton, NY is listed for $2,495,000. on a N/A lot.
East Hampton Village Office Investment | Fully Renovated Commercial Condominium Offering Price: $2,495,000 Size: +- 2,000 Square Feet Layout: 8 Private Office Units Property Overview. Situated directly on Newtown Lane in the absolute core of East Hampton Village's bustling business district, this fully renovated commercial condominium presents a rare opportunity to acquire a stabilized, low-maintenance investment.
Located steps from the Village's premier marquee retail, dining, and local services, this property is positioned in one of the Hamptons' most highly sought-after commercial corridors, supporting consistent occupancy and long-term enduring value. Key Features & Configuration Turnkey Layout with Modern Finishes: The property is thoughtfully configured into 8 private office units sharing a fully equipped central kitchen and two bathrooms.
This setup creates an incredibly efficient, professional, and collaborative environment. Premium Upgrades: Each individual office space has been thoroughly upgraded with high-quality, contemporary finishes and built-in furnishings, offering a clean, modern aesthetic with highly broad tenant appeal.
Proven, Stable Income: Boasting minimal historical vacancy, the property delivers a highly reliable Net Operating Income (NOI) of approximately $150,000 per year. Versatile Investment Potential: This asset is ideal for an investor looking for immediate, stabilized rental income in a supply-constrained market, or a future owner-user looking to restructure the space for private, premier occupancy.
In Good CompanyLocated in a world-class luxury and commercial enclave, neighboring tenants along Newtown Lane and the immediate block include iconic brands and premier local destinations, such as: -Brunello Cucinelli -Chanel -Louis Vuitton -Zimmermann -Eric Emanuel -Capital One Bank -Cittanuova -Amber Waves -Verizon
Monthly Cost Estimate
$13,344/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
55 Newtown Lane
East Hampton, NY 11937
Questions & Answers
This 0-bedroom, 0-bathroom condo at 55 Newtown Lane is listed at $2,495,000. The estimated monthly payment is $13,344 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
This property is listed by Sean Deery.
Sean Deery
Agent at Compass


