134 Ponquogue AVE, Hampton Bays, NY 11946
134 Ponquogue AVE, Hampton Bays, NY 11946
134 Ponquogue AVE, Hampton Bays, NY 11946
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$1,550,000
Est. payment /mo
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5 Beds
3 Baths
2,782 SqFt
Active

134 Ponquogue AVE Hampton Bays, NY 11946

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Ronald J. Logallo, Jr.

Ronald J. Logallo, Jr.

+1(631) 335-7141

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,782 sqft

Price per Sqft $557

MLS Listing ID 993318

Style Other

Bedrooms 5

Full Baths 3

HOA Y/N No

Rental Info No

Year Built 1994

Lot Size 0.730 Acres

Acres 0.73

Property Sub-Type Single Family Residence

Source onekey2

Property Description

This prime legal three-unit multi-family property in the heart of Hampton Bays offers an exceptional investment and development opportunity on a generous 0.73-acre lot. The two-story, 2,782-square-foot residence features 5 bedrooms and 3 full bathrooms, thoughtfully configured to generate consistent rental income with all units currently tenant-occupied and separately metered. Because tenants pay all utilities, the asset maintains extremely low operating expenses, providing immediate cash flow and long-term security. Strategically located minutes from the area's vibrant shopping, dining, and world-class beaches, the property benefits from high year-round demand. Furthermore, the expansive lot and the positioning of the existing home provide significant redevelopment potential, including the possibility of adding additional structures or accessory units to enhance the rent roll and overall value. Whether expanding a portfolio or seeking a high-yield asset at the gateway to the Hamptons, this legal multi-family property delivers on location, income stability, and future growth potential.

Location

State NY

County Suffolk County

Rooms

Basement None

Interior

Interior Features Other

Heating Oil, Other

Cooling Central Air

Fireplace No

Appliance Other

Exterior

Parking Features Other

Utilities Available See Remarks

Garage false

Private Pool No

Building

Sewer Other

Water Public

Structure Type Frame

Schools

Elementary Schools Hampton Bays Elementary School

Middle Schools Hampton Bays Middle School

High Schools Hampton Bays

School District Hampton Bays

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Douglas Elliman Real Estate • Kimberly J. Cammarata

Nearby Locations

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Ronald J. Logallo, Jr.

Ronald J. Logallo, Jr.

Realtor | License ID: 40LO1034700

+1(631) 335-7141

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134 Ponquogue AVE