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Listed price in listed location currency (USD).
$2,900,000

008

MLS® 1063571

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $5,977
Days Active 8
Lot Size 0.8 Acres
Approx. Age 1989
MLS® Number 1063571

Property Address: 127 Inlet Rd W, Hampton Bays, NY, 11946-1572

Average square foot calculated using Size range provided by listing agent.

Description

RARE FIVE-UNIT INVESTMENT COMPOUND & LOW TAXES | HAMPTON BAYS, NY. A rare five-unit compound on 0.80-acre property, in Hampton Bays, featuring a two-story main house and four detached cottages, each separately configured and currently leased. Just locks from the Shinnecock Bay shore line. This exceptional offering features a spacious two-story main house with 4 bedrooms and 4 full bathrooms, plus four detached cottages consisting of three 2-bedroom units and one 1-bedroom unit, each with its own full bathroom. The property also offers 8 parking spaces, providing added convenience for residents. Currently fully occupied, all five residences generate a combined $213, 600 in gross annual rental income, with reported annual operating expenses of $36, 249 and an estimated net operating income of $177, 351. Ideally located near Shinnecock Bay, beautiful beaches, shopping, dining, and recreational amenities, this distinctive property combines the charm of Hamptons coastal living with established rental income and long-term investment potential. An outstanding opportunity for investors seeking a diversified rental portfolio in one of Long Island's desirable East End communities. All information, rental income, expenses, and property uses should be independently verified.
MLS® Number1063571
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1989
BasementCrawl Space
DrivewayDriveway, Private
Garage Spaces
HeatNatural Gas
A/CCentral Air, Varies by Unit, Wall/Window Unit(s)

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

99 days

Today, For Sale for $2,900,000

For Sale · 7 days

$2,900,000

MLS® 1063571

8 days ago

Not Sold Yet

October 2026, For Sale for $2,900,000

For Sale · 7 days

$2,900,000

MLS® 1063571

8 days ago

Not Sold Yet

July 2026, For Sale for $2,950,000

For Sale · 99 days

$2,950,000

MLS® 1027465

3 months ago

Not Sold Yet

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