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3 & 9 Railroad Ave, EH 2 Retail Properties Offered at $33,877,553 CAD in East Hampton, NY

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Investment Highlights

  • Largest East Hampton Village Commercial Assemblage To Hit The Market
  • Shape The Future Of East Hampton Village
  • 1.97 Acres Across Two Parcels | 21,000sf Across 6 Buildings With Development Potential

Executive Summary

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.

Property Facts

Price $33,877,553 CAD
Price / SF $1,592 CAD / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Redevelopment Project
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 21,280 SF
Total Land Area 2.01 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3 Railroad Ave, East Hampton, NY 11937 Retail 15,780 SF 1985 -
9 Railroad Ave, East Hampton, NY 11937 Retail 5,500 SF 1950 -
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  • Listing ID: 39496078

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 3 & 9 Railroad Ave, EH, East Hampton, NY

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