Tyler Prokosch - John J Lease Realtors Logo
$1,495,000
 $8,025 est/mo Sourced by Back At You

329-331 Maple Avenue,Riverhead, NY 11901

Riverhead, NY 11901

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Description

Residential investment opportunity: two renovated homes and two barns on one parcel in a walk-to-town Riverhead location. Long-term tenants and leases are in place, with upside potential in rents. Buyer must assume all existing leases; tenants will not be vacated to facilitate a sale. 331 Maple Avenue offers approximately 3,000 SF with 6 bedrooms and 3 baths, while 329 Maple Avenue features 3 bedrooms and 1 bath. Both homes have new kitchens, baths, roofs, siding, and renovated interiors. Mechanical upgrades include new heating and hot water at 331, and new heating, air conditioning, and hot water at 329. Two barns offer additional rental potential and storage flexibility, subject to permitted uses. Located near downtown Riverhead's major revitalization efforts, including the nearly $33 million Town Square project, this property combines established tenancy, extensive improvements, and rental upside near significant downtown reinvestment. Call for Details. Proof of funds required prior to any showing

Details

MLS #1059395
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1908
Days On Site28
Listing Provided ByEast End Luxury Ltd | Kristopher Pilles

Features

Bed(s)9
Bath(s) 4 Total
SQ Feet4,000
BasementY
Acreage0.27

Interior

CoolingCentral Air
HeatingNatural Gas
Interior FeaturesFirst Floor Bedroom, First Floor Full Bath
AppliancesDishwasher, Oven, Range, Refrigerator, Stainless Steel Appliance(s)

Exterior

Construction MaterialsFrame
Foundation DetailsBlock

Parking

Garage Yes / NoYes
Parking FeaturesDriveway, Off Street, On Street

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value49000
Tax Annual Amount14416.98

Area Information

StateNY
CountySuffolk County
CityRiverhead
Zip Code11901
School DistrictRiverhead Senior High School
Elementary SchoolRoanoke Avenue School
High SchoolRiverhead Senior High School
Listing VS Median (in 11901)
Price:
$1,495,000
low | high
Med:
$527,000
100% of Average
sqft:
4,000
low | high
Med:
1,469
100% of Average
$ / sqft:
$374
low | high
Med:
$361
53.322447318502% of Average
On site:
28
low | high
Med:
33
84.848484848485% of Average
Sourced by Back At You

Market Activity 11901

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Additional Information

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Learn More About This Property

Tyler Prokosch

Tyler Prokosch

John J Lease REALTORS

 (845) 542-6966tylerprokosch@johnjleaserealtors.com
StateNY
CountySuffolk County
CityRiverhead
Zip Code11901
School DistrictRiverhead Senior High School
Elementary SchoolRoanoke Avenue School
High SchoolRiverhead Senior High School
Listing VS Median (in 11901)
Price:
$1,495,000
low | high
Med:
$527,000
100% of Average
sqft:
4,000
low | high
Med:
1,469
100% of Average
$ / sqft:
$374
low | high
Med:
$361
53.322447318502% of Average
On site:
28
low | high
Med:
33
84.848484848485% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.121M - $1.868M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
225 Howell Avenue Property Photo 1
$1,400,000
225 Howell Avenue
Riverhead, NY 11901
Listing Updated: October 7, 2026 at 4:10:04 AM PDT

Tyler Prokosch - John J Lease Realtors