3 Railroad Avenue

Listed By Compass
Listed By Compass
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Active
$19,950,000
3 Railroad Ave, East Hampton, NY 11937
Est: $105,162/moGet pre-approved
OtherProperty Type

Description

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...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.

Listing Agents

  1. Hal Zwick

    Hal Zwick

    Listing Agent

    Compass

    P: (631) 678-2460

    CallText
  2. Jeffrey Sztorc

    Jeffrey Sztorc

    Alternative Listing Agent

    Compass

    P: (631) 903-5022

    CallText
  3. Sean Deery

    Sean Deery

    Alternative Listing Agent

    Compass

    P: (631) 480-5225

    CallText
Last updated: 07/23/2026 01:18 PM

Location

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Get preapproved with Rocket Mortgage1

$105,162 per month

30 year fixed, 6.71% Interest

Principal and Interest

$103,092

Property Taxes

$2,070

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3 Railroad Avenue

Property Details

Public Records for 3 Railroad Avenue

Taxable ValueLand$6,400Additions$25,150Total$31,550
Tax Record2024$24,842 ($2,070 / month)
Home Facts
Lot Size74,488 SqFtCountySUFFOLKAPN0301-002.00-02.00-005.000

Schools near 3 Railroad Avenue

This home is within East Hampton Union Free School District.
Rating
School
Type
Grades
Distance
John M Marshall Elementary School
Public - PK to 5
East Hampton Middle School
Public - 6 to 8
East Hampton High School
Public - 9 to 12
Rating
School
Distance
John M Marshall Elementary School
PublicPK to 5

East Hampton Middle School
Public6 to 8

East Hampton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3 Railroad Avenue, East Hampton, NY 11937

3 Railroad Avenue is for sale in East Hampton, NY 11937. This listing's school district is East Hampton Union Free School District. Nearby schools include John M Marshall Elementary School, East Hampton Middle School and East Hampton High School. 3 Railroad Avenue is a 0-bed, 0-bath.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY