APP Real Estate
For sale

📍 1655 County Road 39, Southampton, NY, EUA

Hotel for Sale in Southampton

$26,999,000

Overview
  • Bedrooms: 62
  • Bathrooms: 62
  • Parking: 30
  • Size: 16592 m²
  • Price: $26,999,000
Description

An exceptional chance to own a 62-room hotel in the heart of Southampton, ideally located just minutes from world-class shopping, renowned restaurants, and pristine ocean beaches. This well-maintained property offers a full suite of guest amenities, including a spacious pool, bar, and tennis courts, making it a sought-after destination for visitors year-round. Approved redevelopment plans are in place and ready for finalization, offering significant appreciation potential for investors or hospitality operators looking to reimagine and elevate the experience. This includes a spa, a 72-seat restaurant/bar, and 60 hotel rooms. Whether expanding a portfolio or launching a flagship property, this is a rare opportunity to invest in one of the most iconic and high-demand locations in the Hamptons. Local hotel market context Southampton and the Hamptons in general are among the most expensive beach destinations in the USA, with daily rates often exceeding 1,000 dollars in high-end hotels during peak season. The high season, which was previously basically summer, now extends from April through December due to remote work and changing habits, increasing annual occupancy and revenue potential

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