Five-Unit Apartment
For Sale
$2,900,000
127 Inlet Road W, Southampton, NY 11946
Five residences include a two-story house and four separate cottages, with each home currently leased.
Property Size4,497 SF
Lot Size0.80 Acres
Price / SF$644.87
Days on Market16
Property Features for 127 Inlet Road W
General Information
Standard status
Active
Size
4,497 SF
Total Parking Spaces
8
Lot size
0.80 Acres
Property subtype
Multi Family
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
Tenant in Place
Yes
Building Details
Year Built
1989
Buildings
5
Tenancy
Multi
Listing Agency:
LAFFEY REAL ESTATE
(516) 328-3233
Listed By:
Celia M. Santos · License #10401278794
(646) 221-0514
Source:
Neilcharlesrealestate
Added: Oct 16
Changed: Oct 30
Last Checked: Oct 30 at 2:09AM
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, this five-residence property contains a two-story main house and four detached cottages. The 4,497-square-foot property was built in 1989. The main house has four bedrooms and four full bathrooms; among the cottages, three offer two bedrooms each and one has a single bedroom. Every cottage includes a full bathroom.
The property is in Hampton Bays, near Shinnecock Bay, and includes eight parking spaces. All five residences are currently occupied and leased.
The property is in Hampton Bays, near Shinnecock Bay, and includes eight parking spaces. All five residences are currently occupied and leased.
Key Highlights
- Five residences on 0.80 acres: a two‑story main house and four detached cottages
- Main house has 4 bedrooms and 4 full bathrooms
- Cottages include three 2‑bedroom units and one 1‑bedroom unit; each has a full bathroom
Property Analytics
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five residences include a two-story house and four separate cottages, with each home currently leased.
Where is this apartment building located?
The property is located at 127 Inlet Road W Southampton, 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: a two‑story main house and four detached cottages; Main house has 4 bedrooms and 4 full bathrooms; Cottages include three 2‑bedroom units and one 1‑bedroom unit; each has a full bathroom
