If you’re looking to open a high-end boutique in the Hamptons — and need a place to live — this listing is for you.
The property at 216 Main Street in Amagansett, home of designer clothing retailer Tiina the Store, has been listed for $12 million, Behind the Hedges reported. In addition to ground-floor retail space on Montauk Highway, the property comes with a second-floor apartment.
The original structure, which dates to the 1800s, was rebuilt in 2018 by store owner Tiina Laakonen and her husband, Jon Rosen, with its historical facade restored.
According to Behind the Hedges, Laakkonen would consider leasing back the 0.31-acre property after selling. Rylan Jacka of Sotheby’s International Realty has the listing.
Jacka touted the property as Amagansett’s “most prominent building with the best curb appeal, built to the highest standard — ideal for an art gallery or retail space.”
The property is zoned for both residential and retail use under an irrevocable special permit, meaning the retail space is larger than what town code allows for today. The ground floor includes 2,500 square feet of retail space, while a lower level adds another 2,000 square feet.
The two-bedroom apartment on the second floor spans 1,400 square feet and has its own private entrance. There is also a 300-square-foot office, also with its own entrance, as well as eight off-street parking spots.
According to the New York Times, Laakonen opened Tiina the Store in 2012. The property’s year-long renovation in 2018 forced her to temporarily relocate.
The listing price for the relatively small property could create some sticker shock, especially in comparison to a movie theater in Westhampton Beach, approximately twice its size, which listed for $1.1 million last month. The movie theater doesn’t come with an apartment, but it’s possible there are some popcorn kernels hidden somewhere.
[Behind the Hedges] — Holden Walter-Warner