Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.7 Acres |
Financials
Listing Courtesy of Douglas Elliman Comm of LI LLC
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.
- Rear view of property with roof with shingles, a yard, and a chimney
- Rear view of property with roof with shingles, a yard, and a chimney
- Back of property with a deck, a yard, and stairs
- Back of property with a deck, a yard, and stairs
- Rear view of property with a lawn, a wooden deck, and stairs
- Rear view of property with a lawn, a wooden deck, and stairs
- Kitchen featuring stainless steel electric range, baseboard heating, light countertops, dark wood-style flooring, and plenty of natural light
- Kitchen featuring stainless steel electric range, baseboard heating, light countertops, dark wood-style flooring, and plenty of natural light
- Empty room with dark wood-style floors and a baseboard radiator
- Empty room with dark wood-style floors and a baseboard radiator
- Hallway featuring dark wood finished floors and baseboards
- Hallway featuring dark wood finished floors and baseboards
- Bathroom with tile walls, tub / shower combination, vanity, a baseboard heating unit, and light tile patterned floors
- Bathroom with tile walls, tub / shower combination, vanity, a baseboard heating unit, and light tile patterned floors
- Spare room featuring baseboard heating and dark wood-style floors
- Spare room featuring baseboard heating and dark wood-style floors
- Unfurnished bedroom with a baseboard heating unit, baseboard heating, dark wood-type flooring, and a closet
- Unfurnished bedroom with a baseboard heating unit, baseboard heating, dark wood-type flooring, and a closet
- Unfurnished bedroom featuring dark wood-style flooring and a closet
- Unfurnished bedroom featuring dark wood-style flooring and a closet
- Spare room featuring dark wood-style flooring and a baseboard heating unit
- Spare room featuring dark wood-style flooring and a baseboard heating unit
- Washroom featuring dark wood-style floors, washer / clothes dryer, and a baseboard radiator
- Washroom featuring dark wood-style floors, washer / clothes dryer, and a baseboard radiator
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.
Amenities
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.