# 3 & 9 Railroad Avenue, East Hampton, NY 11937

> **TL;DR:** commercial, $24,750,000, built 1985. Est. $107,250/mo. Listed 49 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $24,750,000 |
| Year Built | 1985 |
| Lot Size | 74,488 sqft (1.71 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 49 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $107,250 |
| **Total** | **$107,250** |

## Property Highlights

- Built in 1985
- 1.71 acre lot

## Description

### Agent Description
The Largest East Hampton Village Commercial Assemblage To Hit The Market 1.97 Acres | Two Parcels | 21,000sf | 6 Buildings | Redevelopment Potential -3 & 9 Railroad Avenue, East Hampton, NY. 11937 -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. - Asking Price: $24,750,000. - Inquire with the Hamptons Commercial RE Team for additional information.

## Location

- **Address:** 3 & 9 Railroad Avenue, East Hampton, NY 11937
- **County:** Suffolk
- **Coordinates:** 40.964921, -72.191707
- **Google Maps:** https://www.google.com/maps?q=40.964921,-72.191707

## Listing Agent

- **Name:** Hal Zwick
- **Brokerage:** Compass
- **Phone:** 6316782460
- **Email:** hal.zwick@compass.com

## Primary Photo

![3 & 9 Railroad Avenue - Primary Photo](http://lh.rdcpix.com/ef929019b2dd686bbe70b4dc2383a24dl-f4145884863r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/3-9-railroad-avenue-east-hampton-ny-11937-11660188)*

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**MLS#:** 11660188 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3-9-railroad-avenue-east-hampton-ny-11937-11660188)

---

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