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425 County Road 39A 12,214 SF 100% Leased Office Building Southampton, NY 11968 $10,083,300 CAD ($825.55 CAD/SF) 6.01% Cap Rate
Investment Highlights
- 100% Leased Multi-Tenant Office Investment
- ±50 Parking Spaces Along Southampton’s County Road 39 Corridor
- Diversified Tenancy with Contractual Rent Growth
Executive Summary
Cushman & Wakefield has been exclusively retained to offer for sale 425 County Road 39A, a fully leased, multi-tenant office investment strategically positioned along Southampton’s established County Road 39 commercial corridor.
The ±12,214 SF property is 100% occupied across 10 office suites and features elevator access, approximately 50 on-site surface parking spaces and a diversified tenant roster spanning financial, legal, medical, construction and creative-service users. No individual tenant occupies more than 15.6% of the building, while nine of the ten office leases provide scheduled rent growth with expirations extending through January 2031.
The ±12,214 SF property is 100% occupied across 10 office suites and features elevator access, approximately 50 on-site surface parking spaces and a diversified tenant roster spanning financial, legal, medical, construction and creative-service users. No individual tenant occupies more than 15.6% of the building, while nine of the ten office leases provide scheduled rent growth with expirations extending through January 2031.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,214 SF
Building Class
B
Year Built
2001
Price
$10,083,300 CAD
Price Per SF
$825.55 CAD
Cap Rate
6.01%
NOI
$605,514 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,107 SF
Slab To Slab
10’
Building FAR
0.30
Lot Size
0.95 AC
Zoning
HB - Highway Business
Parking
50 Spaces (4.09 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0900-132-00-02-00-032-005 | Total Assessment | $4,129,527 CAD (2025) |
| Land Assessment | $851,074 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $3,278,453 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0900-132-00-02-00-032-005
Land Assessment
$851,074 CAD (2025)
Improvements Assessment
$3,278,453 CAD (2025)
Total Assessment
$4,129,527 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
Contacts
-
Daniel Abbondandolo -
Joegy Raju -
Thomas Kehoe -
Victor Little -
Cushman & Wakefield
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425 County Road 39A
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