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Five-Building Apartment Property
For Sale
$2,950,000

127 Inlet Road W, Hampton Bays, NY 11946

R20-zoned multifamily compound with a primary residence and four additional rental units.

Property Size2,000 SF
Lot Size0.80 Acres
Days on Market45

Property Features for 127 Inlet Road W

General Information

Standard status Active
Size 2,000 SF
Lot size 0.80 Acres
Property subtype Commercial
Zoning R20

Units

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

Taxes and HOA fees

Annual Taxes $5,977

Building Details

Building Size 2,000 SF
Year Built 1989
Buildings 5
Units 5
Listing Agency: Brown Harris Stevens Hamptons
Listed By: Anthony C. Cerio
Source: Alexandermadisonhomes
Added: Jul 17 Changed: Aug 29 Last Checked: Aug 25 at 9:08AM

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 Brown Harris Stevens Hamptons

Investment Insights

Based on property information with market context.

This multifamily property comprises five separate buildings on approximately 0.8 acres. The principal residence provides four bedrooms and three bathrooms, while four additional units offer a mix of one- and two-bedroom layouts. Unit 1 has two bedrooms and one bathroom; Unit 2 includes one bedroom and one bathroom; Units 3 and 4 each provide two bedrooms and one bathroom. Built in 1989, the property is zoned R20.

Located at 127 Inlet Road W in Hampton Bays, the property is near bay beaches. The configuration combines a larger primary residence with multiple rental units within one multifamily holding.

Key Highlights

  • Five separate buildings on approximately 0.8 acres
  • Primary residence with 4 bedrooms and 3 bathrooms
  • Four additional rental units included

Property Analytics

Current Use

Beach Plum Cottages Hotel & Motel

Suggested Use

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

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - R20-zoned multifamily compound with a primary residence and four additional rental units.
Where is this apartment building 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 $2,950,000.
What are key features of this property?
This property features: Five separate buildings on approximately 0.8 acres; Primary residence with 4 bedrooms and 3 bathrooms; Four additional rental units included
More about this property
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