New ListingRare investment opportunity in Shinnecock Hills offering tremendous upside with a fully occupied seven-unit rental property on a 1.2+ acre parcel with R-20 zoning. The property includes three two-family homes, one additional house, and a detached garage, totaling approximately 3,799 sq. ft. Continue enjoying current rental income, explore use as a family compound, or evaluate future subdivision potential, subject to all applicable approvals. Ideally located just a short distance from the sandy Peconic Bay beach, centrally located close to Hamptons restaurants, boating, bay beaches, ocean beaches and all the Hamptons has to offer.
| MLS # | 1048800 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 2 |
| Listing Provided By | Coldwell Banker Reliable R E | Anthony Lubrano |
| SQ Feet | 3,799 |
|---|---|
| Basement | Y |
| Units | 7 |
| Building(s) | 7 |
| Zoning | R20 |
| Acreage | 1.25 |
| Cooling | None |
|---|---|
| Heating | Electric |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Block |
| Lot Features | Rolling Slope |
| Parking Features | Private |
|---|
| Utilities | Cable Available, Electricity Connected, Propane, Trash Collection Private, Water Connected |
|---|---|
| Sewer | None |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 16840 |
| Tax Lot | 7.0003 & 6.0003 |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Hampton Bays |
| Zip Code | 11946 |
| Community Name | Shinnecock Hills |
| School District | Tuckahoe |
| Elementary School | Tuckahoe School |
| Listing VS Median (in Shinnecock Hills) | |
Price: $2,100,000 low | high Med: $1,600,000 sqft: 3,799 low | high Med: 2,633 $ / sqft: $553 low | high Med: $652 On site: 2 low | high Med: 2 | |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Hampton Bays |
| Zip Code | 11946 |
| Community Name | Shinnecock Hills |
| School District | Tuckahoe |
| Elementary School | Tuckahoe School |
| Listing VS Median (in Shinnecock Hills) | |
Price: $2,100,000 low | high Med: $1,600,000 sqft: 3,799 low | high Med: 2,633 $ / sqft: $553 low | high Med: $652 On site: 2 low | high Med: 2 | |