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134 Ponquogue Avenue, Hampton Bays, NY 11946

Hampton Bays
Local realty services provided by:CENTURY 21 American Homes
134 Ponquogue Avenue,Hampton Bays, NY 11946
$1,550,000
  • 5 Beds
  • 3 Baths
  • 2,782 sq. ft.
  • Single family
  • Active
Listed by: kimberly j. cammarata
Office: douglas elliman real estate
MLS#:993318
Source:OneKey MLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$557.15

About this home

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...

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Home facts

  • Year built:1994
  • Listing ID #:993318
  • Added:1 day(s) ago
  • Updated:May 01, 2026 at 10:45 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:8
  • Basement:Yes
  • Living area:2,782 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Oil
  • Central air:Yes

Structure and exterior

  • Year built:1994
  • Building area:2,782 sq. ft.
  • Lot area:0.73 Acres
  • Construction Materials:Frame

Schools

  • High school:Hampton Bays High School
  • Middle school:Hampton Bays Middle School
  • Elementary school:Hampton Bays Elementary School

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$557.15
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