The buyer of the Boardy Barn in Hampton Bays remains a mystery, but the price the new owner paid for the iconic bar has been revealed.
Suffolk County deed transfers disclosed the purchase price on the property at 270 West Montauk Highway to be $4 million, Behind the Hedges reported. The 2.6-acre property in Hampton Bays was put up for sale about a year ago, but lacked a listing price ahead of the May transaction.
Beyond the price revelation, little is still known about who bought the property and what they plan to do with it. A buyer using the name Vozi Realty purchased the well-known establishment. The seller used the name Deja Vu All Over Again, which the late Yogi Berra would surely enjoy.
Boardy Barn opened its doors more than 50 years ago, and its ownership remained the same for more than a half-century.
When the property was put on the market last fall, the owners of the seasonal outpost said on its website that they were looking forward to the 2022 summer season. However, the property sold at the start of May and the bar never opened for the summer.
Business as usual is still a possibility for the bar, but redevelopment is also on the table. There’s 16,000 square feet of usable space, including a 4,000-square-foot main building and an area used for a tent and patio. The main building can fit 720 people sitting and more than double that standing.
JLL said in listing the property that investors would have an opportunity to redevelop, possibly taking advantage of the property’s zoning for highway business and features 270 feet of frontage on the thoroughfare.
The sale of the Boardy Barn marks the end of an era for the business, even if a bar remains in its place. Co-founder Tony Galgano died in November at the age of 78.
Article: https://therealdeal.com/2022/09/14/sales-price-revealed-for-iconic-hampton-bays-bar/