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

127 Inlet Road W, Hampton Bays, NY 11946

Commercial Sale, Hampton Bays, NY

Property SizeContact for details
Lot Size0.80 Acres
Days on Market2

Property Features for 127 Inlet Road W

General Information

Property type Commercial Sale
Property subtype Other
Zoning R20
Rooms Basement
Parking 8
Parking features Driveway
Basement Crawl Space
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 Montauk Highway To North Road To W. Inlet Road.
Standard status Active
APN 0900-191-00-04-00-027-001
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5977

Utilities

Utilities Water Available
Sewer type Cesspool
Heating system Natural Gas
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s), Varies by Unit
Water source Public

Building Details

Year built 1989
Floors in Building 2
Number of units 5
Building materials Advanced Framing Technique
Listing Agency: LAFFEY REAL ESTATE
Listed By: Celia M. Santos
Added: Oct 16 Last Checked: Oct 17 at 2:06AM
MLS# 1063571

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.

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Investment Insights

Based on property information with market context.

Set on 0.80 acres, this five-residence multifamily property includes a two-story main house and four detached cottages. The house has 4 bedrooms and 4 full bathrooms. The cottages comprise three 2-bedroom units and one 1-bedroom unit, each with a full bathroom. The property was built in 1989 and is zoned R20.

The residences are fully occupied and the property has 8 parking spaces. Water is available, with public water service and a cesspool. Heating is natural gas; cooling varies by unit and includes central air and window or wall units. Shinnecock Bay and the Hampton Bays area are identified in the property information.

Key Highlights

  • Five residences on 0.80 acres
  • Two‑story main house with 4 bedrooms and 4 full bathrooms
  • Four detached cottages: three 2‑bedroom units and one 1‑bedroom unit; each has a full bathroom

Property Analytics

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Current Use

Beach Plum Cottages Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Furniture & Home Goods Kitchen & Bath Showroom 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

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 - Five occupied residences combine a two-story house with four detached cottages.
Where is this multifamily property located?
The property is located at 127 Inlet Road 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 on 0.80 acres; Two‑story main house with 4 bedrooms and 4 full bathrooms; Four detached cottages: three 2‑bedroom units and one 1‑bedroom unit; each has a full bathroom
More about this property
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