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Five-Unit Multifamily Property
New
For Sale
$2,900,000

127 Inlet Rd W, Hampton Bays, NY 11946

All five residences are currently leased and fully occupied.

Property Size4,497 SF
Lot Size0.80 Acres
Days on Market4

Property Features for 127 Inlet Rd W

General Information

Standard status Active
Size 4,497 SF
Total Parking Spaces 8
Lot size 0.80 Acres
Property subtype Commercial
Occupancy 100%
Net Operating Income $177,351

Units

Unit Mix 1 x 4BR/4BA, 3 x 2BR, 1 x 1BR
Multifamily Units 5

Additional Details

Gross Income $213,600

Taxes and HOA fees

Annual Taxes $5,977

Building Details

Building Size 4,497 SF
Year Built 1989
Buildings 5
Units 5
Listing Agency: LAFFEY REAL ESTATE
Listed By: Celia M. Santos · License #1063571
Source: Elliman
Added: Oct 19 Last Checked: Oct 20 at 9:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAFFEY REAL ESTATE

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Investment Insights

Based on property information with market context.

Set on 0.80 acres in Hampton Bays, this multifamily property contains a two-story main residence and four separate cottages. The main house has four bedrooms and four full bathrooms. The cottages include three two-bedroom units and one one-bedroom unit, each with a full bathroom. The property was built in 1989 and has eight parking spaces.

The five residences are fully occupied and leased. Shinnecock Bay is nearby.

Key Highlights

  • Five residences: a four‑bedroom main house and four detached cottages
  • Cottages comprise three 2‑bedroom units and one 1‑bedroom unit; each has a full bathroom
  • Main house includes 4 full bathrooms

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 11946, NY

15,535
Population
9,098
Households
1.7
Avg Household Size
42
Median Age
43%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
1,151
Density / Sq Mi
$128,844
Median Household Income
$53,259
Median Earnings
$2,288
Median Rent
$691,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - All five residences are currently leased and fully occupied.
Where is this multifamily property located?
The property is located at 127 Inlet Rd W Hampton Bays, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Five residences: a four‑bedroom main house and four detached cottages; Cottages comprise three 2‑bedroom units and one 1‑bedroom unit; each has a full bathroom; Main house includes 4 full bathrooms
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