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Freestanding Commercial Building - Rare VB-Zoned Property with Private Parking in the Southampton Village Core. Exceptional Accessibility in Prime Village Location – Located in the heart of Southampton Village’s Business District, this 0. 25-acre property offers a rare freestanding commercial building with on-site parking - an increasingly scarce feature within the Village core. The property’s clean stucco façade and central positioning make it a strong presence along one of the area’s most established corridors. Versatile Two-Level Layout with Private Parking – The 2, 640sf structure is currently configured for single-tenant use but can be easily adapted for multi-tenant occupancy. The ground floor offers open-plan retail or office space with high ceilings, while the upper level provides additional workspace or storage. The layout includes one full bathroom and one half bathroom, adding significant operational flexibility for both staff and client needs. Furthermore, an on-site generator ensures stable, uninterrupted operations, which is a critical asset for medical, professional, or retail users. The site also includes 15 parking spaces plus a two-car garage, providing unmatched convenience in a high-traffic area. Flexible VB Zoning with Broad Use Potential – Village Business zoning allows for an extensive range of commercial uses, including bank, professional or medical office, personal service, and retail. Special Exception uses further expand the property’s potential, including restaurant or second-floor apartments. The property’s adaptability makes it ideal for investors or those seeking a long-term headquarters.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,960,000 | $1,960,000 | $1,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $543 | $543 | $543 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,975 | $11,909 | $16,408 |
| Total Monthly Payment | $11,642 | $12,576 | $17,075 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.