87 North Rd, Hampton Bays, NY 11946 - Suffolk County

Highly Visible Mixed Use Investment Property Compound in Shinnecock Hills. Iconic Site With Multiple Income Streams - This 0.316-acre property offers a rare blend of grandfathered retail and residential spaces in an R-20 zoning. As built, the site offers ~5,200sf of space split between a front building (1,700sf wet retail unit & 1,700sf of second floor apartments) and an 1,800sf two-story back house. The site is well utilized with great potential upside. Wet Retail Space With Back Patio & Basement - The 1,700sf wet retail space offers a clean open layout, kitchen, back patio, two bathrooms, and a basement. The interior has an 84-person occupancy with additional potential seating outside on the patio. The basement has a walk-in fridge and an ice maker with potential for conversion to prep space. High-Demand Residential Rentals - The property's eight efficiency apartments (four on the north side and four on the south side of the building) feature studio layouts with kitchenettes and full bathrooms, appealing to a broad tenant base and supported by consistent demand. Additionally, the detached home at 5 Bayberry Dr offers a two-story layout with a private driveway, creating even more rental income potential. The property's Certificate of Occupancy mentions "Boarding" style apartments which allows for expanded flexibility in how the units can be rented. Prime Accessibility & Parking - The site provides convenient parking with designated spaces for retail patrons and staff, plus ample street parking for apartment tenants. Its central position on North Rd offers easy access ideal for year-round and seasonal visitors. This property is an ideal investment with the ability to operate as is or transform the site into a unique experience. Shinnecock Hills is underserved in retail & would patronize this business.

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