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The Atlantic 1655 County Road 39 62 Room Hotel Southampton, NY 11968 $37,688,445 CAD ($607,878 CAD/Room)
EXECUTIVE SUMMARY
An exceptional chance to own a 62-room hotel in the heart of Southampton, ideally located just minutes from world-class shops, renowned restaurants, and pristine ocean beaches. This well-maintained property offers a full suite of guest amenities, including a spacious pool, bar, and tennis courts-making it a sought-after destination for visitors year-round. Approved redevelopment plans are in place and ready for finalization, offering significant upside potential for investors or hospitality operators looking to reimagine and elevate the experience. This includes a spa, 72 seat restaurant / bar, and 60 hotel rooms. Whether you're expanding a portfolio or launching a flagship property, this is a rare opportunity to invest in one of the Hamptons' most iconic and high-demand locations.
PROPERTY FACTS
| Price | $37,688,445 CAD | Building Size | 30,736 SF |
| Price Per Room | $607,878 CAD | No. Rooms | 62 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1955/2017 |
| Property Subtype | Hotel | Parking Ratio | 4.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 4.10 AC | ||
| Zoning | HB | ||
| Price | $37,688,445 CAD |
| Price Per Room | $607,878 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.10 AC |
| Building Size | 30,736 SF |
| No. Rooms | 62 |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2017 |
| Parking Ratio | 4.5/1,000 SF |
| Corridor | Exterior |
| Zoning | HB |
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Tennis
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $449.49 CAD | - |
| Guest Room | 58 | $376.90 CAD | - |
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PROPERTY TAXES
| Parcel Number | 0900-177-00-01-00-028-000 | Improvements Assessment | $2,829,861 CAD |
| Land Assessment | $2,101,116 CAD | Total Assessment | $4,930,977 CAD |
PROPERTY TAXES
Parcel Number
0900-177-00-01-00-028-000
Land Assessment
$2,101,116 CAD
Improvements Assessment
$2,829,861 CAD
Total Assessment
$4,930,977 CAD
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The Atlantic | 1655 County Road 39
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