Hal Zwick

Vault Development Partners, a boutique real estate investment company, officially purchased the Water Mill property last week.

The 8,700-square-foot building situated prominently on a Southampton Village corner is asking $7.9 million or $400,000 a year for the lease.

The Mill shopping center in Water Mill will soon be under new ownership with a vision to fully cultivate it into a destination stop. 

On the heels of a record-breaking year in Hamptons commercial real estate, the preeminent East End team has more opportunities prime for investment.

Buyers of a Hampton Bays building plan to keep the apartments affordable after making the $4.2 million purchase about a month ago.

Hal Zwick and Jeff Sztorc of Compass Commercial announced this week that the iconic Brent’s General Store in Amagansett sold this summer.

North Fork’s popular Legends Restaurant and its adjacent cottages are on the market for the first time in decades. The asking price: $4.25 million. 

The Sag Harbor restaurant property, once Bay Buyer and most recently home to Ed’s Lobster House, has been sold to the Goldberg family.

If you’re interested in running your own eatery, here’s a roundup of restaurant spaces for sale from Westhampton to Montauk.

In Westhampton Beach, Beach Bakery Grand Cafe is a very popular meeting spot right in the center of Main Street. It’s now available for sale for the first time in 30 years.