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Renovation-Ready Two-Family Property
For Sale
$999,999

33 Locust Avenue, Southampton, NY 11968

Residential Income, Southampton, NY

Property SizeContact for details
Lot Size0.46 Acres
Days on Market157

Property Features for 33 Locust Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath
Fencing Perimeter, Chain Link
Basement Partial, Unfinished
Lot features Level
Elementary school Southampton Elementary School
Middle school Southampton Intermediate School
High school Southampton High School
Elementary school district Southampton
Middle school district Southampton
High school district Southampton
Directions GPs
Standard status Active
APN 0900-076-00-04-00-045-000
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3044

Utilities

Sewer type Cesspool
Heating system Oil
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1991
Number of units 2
Building materials Frame
Listing Agency: Netter Real Estate Inc
Listed By: Matthew B. Arnold
Added: Mar 31 Changed: Sep 1 Last Checked: Sep 3 at 1:06PM
MLS# 978940

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This R-10-zoned duplex property includes two detached frame ranch homes on one parcel. Each residence offers two to three bedrooms, one full bathroom, and a basement, with first-floor bedroom and bathroom arrangements identified. Both structures require renovation and are being conveyed as-is, allowing the next owner to rework the existing improvements.

Built in 1991, the homes have oil heating, window or wall/window unit cooling, driveway parking, perimeter and chain-link fencing, and public water service. Sewer service is provided by cesspool. The property is located in Southampton near North Sea Harbor, Conscience Point Marina, and Towd Point Beach, with Water Mill, Bridgehampton, and Sag Harbor identified in the surrounding area. The property is within FEMA Zone X.

Key Highlights

  • Legal two‑family designation with R‑10 zoning
  • Two detached frame ranch homes on one parcel
  • Each home includes 2‑3 bedrooms, 1 bathroom, and a basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Spa & Massage Center Restaurant Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 11968, NY

14,467
Population
10,444
Households
1.4
Avg Household Size
46
Median Age
61%
College-Educated
98%
High-School Grad
26.9 sq mi
ZIP Area
538
Density / Sq Mi
$146,138
Median Household Income
$64,959
Median Earnings
$2,068
Median Rent
$1,171,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two detached ranch homes share a legally designated two-family parcel in Southampton.
Where is this duplex located?
The property is located at 33 Locust Avenue Southampton, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Legal two‑family designation with R‑10 zoning; Two detached frame ranch homes on one parcel; Each home includes 2‑3 bedrooms, 1 bathroom, and a basement
More about this property
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