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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
    * 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
    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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