134 Ponquogue Ave, Hampton Bays, New York, United States
Property Type : Other Residential
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 5
Bathroom : 3
Half Bathroom : 0
MLS#: 419630
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.
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134 Ponquogue Ave, United States,New York,Hampton Bays is a Hampton Bays luxury Other Residential listed for sale 1,600,000 USD. This high end Hampton Bays Other Residential is comprised of 5 bedrooms and 3 baths. Find more luxury properties in Hampton Bays or search for luxury properties for sale in Hampton Bays.