Price Reduced ListingHampton Bays Income Producing PropertyExceptional opportunity to own a fully income-producing mixed-use property situated on .31 acres. This versatile asset features approximately 1,700 SF of wet-use commercial space on the ground level, ideal for a variety of business uses, with an additional 1,700 SF of residential space above and an 1800 sf back house The residential component includes a total of 8 apartments plus a separate 3-bedroom house, offering multiple streams of rental income and strong long-term investment potential. Property Highlights Mixed-use investment property Approx. 1,700 SF wet-use commercial space Approx. 1,700 SF residential space above Approx 1,800 SF Back house 8 income-producing apartments Separate 3-bedroom house Situated on .31-acre lot Multiple income streams Strong rental potential Ideal for investors seeking cash flow and upside Whether you're expanding your portfolio or seeking a stable income-producing asset with redevelopment or value-add potential, this property presents a rare opportunity.
| MLS # | 1005250 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1993 |
| Days On Site | 88 |
| Listing Provided By | Brown Harris Stevens Hamptons | Anthony C. Cerio |
| SQ Feet | 4,252 |
|---|---|
| Zoning | R20 |
| Acreage | 0.32 |
| Cooling | None |
|---|---|
| Heating | None |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Utilities | None |
|---|---|
| Sewer | Septic Tank |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 628900 |
| Tax Annual Amount | 6679 |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Hampton Bays |
| Zip Code | 11946 |
| School District | Hampton Bays High School |
| Elementary School | Hampton Bays Elementary School |
| High School | Hampton Bays High School |
| Listing VS Median (in 11946) | |
Price: $3,350,000 low | high Med: $699,450 sqft: 4,252 low | high Med: 1,077 $ / sqft: $788 low | high Med: $669 On site: 88 low | high Med: 83 | |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Hampton Bays |
| Zip Code | 11946 |
| School District | Hampton Bays High School |
| Elementary School | Hampton Bays Elementary School |
| High School | Hampton Bays High School |
| Listing VS Median (in 11946) | |
Price: $3,350,000 low | high Med: $699,450 sqft: 4,252 low | high Med: 1,077 $ / sqft: $788 low | high Med: $669 On site: 88 low | high Med: 83 | |