4-Unit Apartment
New
For Sale
$1,500,000
134 Ponquogue Avenue, Southampton, NY 11946
Residential Income, Southampton, NY
Property Size2,782 SF
Lot Size0.73 Acres
Price / SF$539.18
Days on Market2
Property Features for 134 Ponquogue Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
4
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking features
Driveway, Assigned
Interior features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Basement
Crawl Space
Elementary school
Hampton Bays Elementary School
Middle school
Hampton Bays Middle School
High school
Hampton Bays High School
Elementary school district
Hampton Bays
Middle school district
Hampton Bays
High school district
Hampton Bays
Directions
From I-495 East (Long Island Expressway), Continue east toward Riverhead. Take Exit 70, CR-111 South, toward Manorville/Eastport. Follow CR-111 South to Sunrise Highway (NY-27 East). Take Exit 65S, toward Hampton Bays. Turn left onto West Montauk Highway. Turn right onto Ponquogue Avenue.
Standard status
Active
APN
473600422610
Lot size
0.73 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9562
Utilities
Utilities
Water Available
Sewer type
Cesspool
Heating system
Baseboard
Cooling system
Separate Meters, Varies by Unit, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1994
Number of units
4
Building materials
Advanced Framing Technique, Aluminum Siding
Listing Agency:
LAFFEY REAL ESTATE
(516) 328-3233
Listed By:
Celia M. Santos
(646) 221-0514
Added: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 1063315
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.
This four-apartment property in Southampton sits on a 0.73-acre lot and contains approximately 2,782 square feet of gross living area. Built in 1994, it includes an eat-in kitchen, first-floor bedroom and full bath, baseboard heat, and cooling that varies by unit. Parking is assigned or provided in the driveway.
The property is near the Hampton Bays LIRR station and King Kullen Shopping Center, with beaches, Shinnecock Bay, marinas, shops, and restaurants in the surrounding area. Public water is available, and the property uses a cesspool.
The property is near the Hampton Bays LIRR station and King Kullen Shopping Center, with beaches, Shinnecock Bay, marinas, shops, and restaurants in the surrounding area. Public water is available, and the property uses a cesspool.
Key Highlights
- Four apartments, all currently occupied
- 0.73‑acre lot with approximately 2,782 square feet of gross living area
- Built in 1994
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,721
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,420
$1.1M
Cap Rate 7%
$767,443
$767.4K
Cap Rate 9%
$596,900
$596.9K
Market Conditions
NOI Build-Up for 2,782 SF
Gross rent
$81.8K $29.40/SF
− Vacancy
−$5.0K −$1.81/SF
EGI
$76.7K $27.59/SF
− OpEx
−$23.0K −$8.28/SF
NOI
$53.7K $19.31/SF
Area
Suffolk County, NY
Vacancy
6.17%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,420
Cap Rate 7%
$767,443
Cap Rate 9%
$596,900
Alternative Uses
Best Use
Multifamily LT 5
$767.4K
$671.5K – $895.4K
NOI $53,721 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$706.3K
$618.0K – $824.1K
NOI $49,443 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$847.5K
$741.6K – $988.8K
NOI $59,327 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
132
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
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied apartments provide an established rental configuration.
Where is this quadplex located?
The property is located at 134 Ponquogue Avenue Southampton, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four apartments, all currently occupied; 0.73‑acre lot with approximately 2,782 square feet of gross living area; Built in 1994
