Four-Unit Multifamily
134 Ponquogue Avenue #Multi-Family, Southampton, NY 11946
For Sale
$1,500,000
All four apartments are occupied, providing an established rental configuration on a substantial residential parcel.
Property Size2,782 SF
Lot Size0.73 Acres
Price / SF$539.18
Days on Market23
Property Features for 134 Ponquogue Avenue #Multi-Family
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Public Transit
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Building Details
Building Size
Year Built
Units
Listing Agency:
LAFFEY REAL ESTATE
(516) 328-3233
Listed By:
Celia M. Santos · License #1063571
(646) 221-0514
Source:
Clairedleone
Added: Oct 16
Changed: Nov 6
Last Checked: Nov 7 at 4:28AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property contains four occupied apartments with approximately 2,782 square feet of gross living area. Built in 1994, the building sits on a 0.73-acre parcel and is configured for residential rental use.
The property is on Ponquogue Avenue in Southampton, with the Hampton Bays LIRR station, King Kullen Shopping Center, beaches, Shinnecock Bay, marinas, shopping, restaurants, and recreational amenities described as nearby.
The property is on Ponquogue Avenue in Southampton, with the Hampton Bays LIRR station, King Kullen Shopping Center, beaches, Shinnecock Bay, marinas, shopping, restaurants, and recreational amenities described as nearby.
Key Highlights
- Four apartments, all currently occupied
- Approximately 2,782 square feet of gross living area
- 0.73‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,443
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,860
$988.9K
Cap Rate 7%
$706,329
$706.3K
Cap Rate 9%
$549,367
$549.4K
Market Conditions
NOI Build-Up for 2,782 SF
Gross rent
$96.1K $34.56/SF
− Vacancy
−$6.2K −$2.25/SF
EGI
$89.9K $32.31/SF
− OpEx
−$40.5K −$14.54/SF
NOI
$49.4K $17.77/SF
Area
Suffolk County, NY
Vacancy
6.50%
Lease Rate
$34.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,860
Cap Rate 7%
$706,329
Cap Rate 9%
$549,367
Alternative Uses
Best Use
Apartment 5plus
$706.3K
$618.0K – $824.1K
NOI $49,443 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
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
Lease Details
4
Residential units
100%
Occupancy
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
$691,300
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Suffolk County, NY
Properties on Market for Multifamily properties in Suffolk County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - All four apartments are occupied, providing an established rental configuration on a substantial residential parcel.
Where is this multifamily property located?
The property is located at 134 Ponquogue Avenue #Multi-Family 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; Approximately 2,782 square feet of gross living area; 0.73‑acre parcel
