MLS#930621
STATUSActive
PROPERTY TYPECommercial -
Property Description
PRIME LEGAL MULTI-FAMILY INVESTMENT PROPERTY + DEVELOPMENT POTENTIALAn 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 operatingexpenses.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 allowsfor the potential development of additional structures, creating the possibility to increase the total number of units and enhance the rent roll. This addedflexibility further elevates the long-term value and appeal of the investment.
Property Features
Property Type: Commercial -
Basement: None
Cooling: Central Air
Heating: Oil
Lot Size: 0.73 Acres
Stories: 2.0
Taxes: $8,702
Year Built: 1994
Feature Descriptions
Building Area Total: 2782
Days on Site: 203
Exterior: Vinyl Siding
Heating Zones: 3
On Market Date: 2025-11-12
Parcel Number: 0900-295-00-05-00-054-001
Parking Features: Driveway
Rental Term: Monthly
Separate Electric Meters: 3
Sewer: Cesspool
Units: 3
Utilities: Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Comm of LI LLC
Agency Contact: 631-858-2405
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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134 Ponquogue Avenue | MLS# 930621
This commercial property located at 134 Ponquogue Avenue, Hampton Bays, NY 11946 is currently listed for sale with an asking price of $1,550,000. Search Hampton Bays real estate on www.coldwellbankerchoice.com today.