BEDS5
BATHS3 full
SQUARE FEET2,782
MLS#993318
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLHampton Bays
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.
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Heating: Oil, Other
Home Style: Other
Lot Size: 0.73 Acres
Taxes: $0
Year Built: 1994
Amenities
Other
Feature Descriptions
Appliances: Other
Building Area Total: 2782
Days on Site: 1
Exterior: Frame
On Market Date: 2026-05-01
Parcel Number: 0900-295-00-05-00-054-001
Parking Features: Other
Rental Term: Monthly
Rooms Total: 8
Sewer: Other
Utilities: See Remarks
Water: Public
Local Schools
High School: Hampton Bays High School
Middle School: Hampton Bays Middle School
Elementary School: Hampton Bays Elementary School
School District: Hampton Bays
Estimate Your Payment
Estimated Payment
$ 8,289.73 per month $7,837.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $452.08 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 631-288-6244
Shown By
Agent Name: Joan Kish
Agent Phone: (516) 238-8985
Agency Title: Coldwell Banker American Homes
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agent License Information: Licensed Real Estate Salesperson
134 Ponquogue Avenue | MLS# 993318
This single family home located at 134 Ponquogue Avenue , Hampton Bays, NY 11946 is currently listed for sale with an asking price of $1,550,000. This property was built in 1994 and has 5 bedrooms and 3 full baths with 2782 sq. ft. Ponquogue Avenue is located within the Hampton Bays school district. Search Hampton Bays real estate on joankish.cbamhomes.com today.