* RARE OPPORTUNITY in HAMPTONS * ** ~ Six Percent CAP Rate on Owner Entry 18 In-Line Apartment Units Masonry ConstructionFree Market Rent(s)(17) Two Bedroom Units/ (1) One Bedroom Unit - (18) Bathrooms SEPERATE UTILITIES - (18) Electric Meters ( PSEG) / (18) Gas Meters ( National Grid) ALL UNITS (1) Year Long LeasesPrivate Parking Lot - Private MailboxesExisting Stable Investment; Solid CAP RATE ... **PLUS** RARE ADD-VALUE OPPORTUNITY REMAINING *** ROOM FOR EXPANSION (POOL; CLUBHOUSE: LAUNDRY)Long Islands' Year Round Housing Market is one of the strongest and most underserved sector in the Nation. Area Market Barriers prohibit duplication of a similar Year Round, In-line asset. Positioned on prime South of the Highway 1.11 Acres, in exclusive VILLAGE of WESTHAMPTON BEACH. Complex located STEPS to newly renovated DOWNTOWN WESTHAMPTON BEACH MAIN STREET, complete with world-class Theaters; Luxury Retail and Fine Dining - minutes to world famous DUNE ROAD BEACHES and SHORLINE ENTERTAINMENT. DETAILS/FINANCIALS AVAILABLE UPON REQUEST - P.O.F. REQUIRED
Pending
$7,775,000
Westhampton Beach, NY 11978
20beds
14,000sqft
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$555/sqft
$-- HOA
What's special
Private parking lot
- 197 days
- on Zillow |
- 128 |
- 3 |
Zillow last checked: 7 hours ago
Listing by:
Hampton Estates Realty 631-288-6333,
Todd Romano - Real Estate Sales Person 631-394-0733
Source: Out East,MLS#: 386348
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 10
- Full bathrooms: 10
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 14,000
- Total interior livable area: 14,000 sqft
Property
Parking
- Parking features: None
Features
- Stories: 2
Lot
- Size: 1.11 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1993
Community & HOA
Location
- Region: Westhampton Beach
Financial & listing details
- Price per square foot: $555/sqft
- Date on market: 2/10/2025
- Lease term: Contact For Details
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