12
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$1,600,000
Est. payment /mo
0.73 Acres Lot
New
134 Ponquogue AVE Hampton Bays, NY 11946
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 930621
Rental Info No
Year Built 1994
Annual Tax Amount $8,702
Lot Size 0.730 Acres
Acres 0.73
Property Sub-Type Multi Family
Source onekey2
Property Description
PRIME LEGAL MULTI-FAMILY INVESTMENT PROPERTY + DEVELOPMENT POTENTIAL
An exceptional opportunity to acquire a legal three-unit multi-family property ideally positioned in the vibrant core of Hampton Bays.
This two-story residence spans 2,782 square feet across a generous 0.73-acre lot, offering a rare combination of space, stability, and upside.
Featuring 5 bedrooms and 3 full bathrooms, the property is thoughtfully configured to support consistent rental income with extremely low operating
expenses.
Each unit is tenant-occupied, providing immediate cash flow and long-term investment security. Tenants pay all utilities!
Located minutes from beaches, shopping, dining, and transportation, this property benefits from strong year-round demand and excellent accessibility.
Whether you're expanding your portfolio or entering the East End market, this legal asset delivers on location, income, and potential.
In addition to its current configuration, the site presents a compelling opportunity for expansion. The positioning of the existing residence on the lot allows
for the potential development of additional structures, creating the possibility to increase the total number of units and enhance the rent roll. This added
flexibility further elevates the long-term value and appeal of the investment.
An exceptional opportunity to acquire a legal three-unit multi-family property ideally positioned in the vibrant core of Hampton Bays.
This two-story residence spans 2,782 square feet across a generous 0.73-acre lot, offering a rare combination of space, stability, and upside.
Featuring 5 bedrooms and 3 full bathrooms, the property is thoughtfully configured to support consistent rental income with extremely low operating
expenses.
Each unit is tenant-occupied, providing immediate cash flow and long-term investment security. Tenants pay all utilities!
Located minutes from beaches, shopping, dining, and transportation, this property benefits from strong year-round demand and excellent accessibility.
Whether you're expanding your portfolio or entering the East End market, this legal asset delivers on location, income, and potential.
In addition to its current configuration, the site presents a compelling opportunity for expansion. The positioning of the existing residence on the lot allows
for the potential development of additional structures, creating the possibility to increase the total number of units and enhance the rent roll. This added
flexibility further elevates the long-term value and appeal of the investment.
Location
State NY
County Suffolk County
Rooms
Basement None
Interior
Heating Oil
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Water Connected
View Water
Building
Story 2
Sewer Cesspool
Water Public
Structure Type Vinyl Siding
Others
Special Listing Condition None
Listed by Douglas Elliman Real Estate • Kristy B. Naddell
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