367 Butter Lane

Bridgehampton, NY, 11932

$8,995,000

$491 per ft²
$8,995,000
$491 per ft²
Active
Active
 - For Sale
baths
11 Baths
carpenters-square
18,300 ft²
property_type
Residential
calendar
Built 1950
This multi-use designated both commercial and residential property, can house a wide range of unique business and retail space attracting multiple streams of income. The main building is over 18,000 sqft, with its steel I-beam reinforcements running under the floorboards and high-leg delta 3 phase electrical service with new switch gear and a 26-strand fiber cable of Verizon fiber backbone added in 2020. Additional modern upgrades include 17,000-watt solar panel system completed in 2020 and interior renovations while keeping it's exclusively vintage 1940's architectural design. There are also 4 separate pre-existing non-conforming residential cottages with a 100% occupancy. This 1.95 acre zoned cr-80 has town water and is central to all, just minutes away from high traffic Bridgehampton commercial districts, LIRR station, and surrounded by high net-worth residential, commercial and agricultural real estate making this an extraordinary investor opportunity.
MLS ID:
3295425
Listed:
3/14/21
Updated:
12/4/21
Barnes International Realty
Fabrice Muratore

Interior Features

Total Bedrooms
0
Full Bathrooms
7
Half Bathrooms
4
Cooling
Central Air
Heating
Oil, Forced Air

Exterior/Building Features

Lot Size
2.1 acres lot
Architectural Style
Barn
Sewer
Septic Tank

School Information

School District
Bridgehampton
High School
Bridgehampton School
Middle/Jr High
Bridgehampton School

Other Property Details

Taxes
$5407
Tax Frequency
per YEAR
Attached Garage
No
Parking
Private
View
N
County
Suffolk
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
7/29/21
Price Change
$8,995,000
-5%

 

Courtesy of Douglas Elliman Real Estate

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Fabrice Muratore shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2021 OneKey MLS. All rights reserved.    

Data last updated 2:00 PM UTC, 12/4/21

  

Barnes International Realty
Fabrice Muratore
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