Skip to main contentSkip to navigation
1 / 24
Images
Map
Street

Improved Commercial Land for Sale in Southampton, New York

15 Prospect St, Southampton, NY 11968

$5,250,000
1.58 acres
Active
$250k drop
Est $27,416/mo

Formerly hosting some of the most preeminent restaurants in Southampton Village, this iconic space has over 200 seats with 3 dining rooms, a full bar, 4 private parlors, a lounge, full kitchen, and basement storage. Renovated in 2021, the 6,213 +/- sq. ft. restaurant exudes luxury appeal, expert design and efficient layout. Located on 1.5 acres, there is ample parking, outdoor seating and entertaining space to offer high-volume service and events. This large 2-story restaurant feels larger than its footprint and has a natural flow inside. The front reception leads into an open room with a full-service bar and the first dining room. The end of this dining room opens to two additional dining rooms; a private dining with folding glass walls and the main dining room. This space is full of windows with high ceilings, a piano, and connects to a lounge area with fireplace, couch seating, and billiards table. The first floor includes a series of bathrooms and a full-service kitchen. Upstairs, find four private parlor rooms, each boasting unique aesthetics and offerings. Outside is a covered dining patio, extended stone patio, and extensive lawns to host gatherings or a tent for events.35 parking spots. Ask about possible condo development.

6,200
Sq feet
4
1/2 baths
1930
Built

Location

Street address
15 Prospect St
School district
Southampton
Elevation
39 feet
Coordinates
40.8932, -72.3924

Property details

Acreage
1.58 acres
MLS #
MyStateMLS 11404778
Posted

Property taxes

Recent
$20,308

Parcels

  • 0904-005.000-0002-027.000

Details and features

Listing

Type
Commercial Sale

Exterior

Parking
Garage

Structure

Stories
3
Heating
Forced Air, Oil
Materials
Wood Siding

Interior

Rooms
Bathroom x 4

Listing history

DateEventPriceChangeSource
Apr 29, 2025Price drop$5,250,000$250,000 -4.5%MyStateMLS
Apr 17, 2025New listing$5,500,000MyStateMLS
Subscribe to listing updates

Payment calculator

This 1.58-acre property is located at 15 Prospect St in Southampton, NY 11968. The property is available for sale for $5,250,000. It has a 6,200 sq ft structure built in 1930.

Checked 27 mins ago — Updated

Report listing issue

Copyright (C) 2025 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.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact