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Multifamily Land Near East Hampton
For Sale
$3,500,000

173 & 175 ACCABONAC RD, East Hampton, NY 11937

LAND - East Hampton, NY

Lot Size2.55 Acres
Days on Market252

Property Features for 173 & 175 ACCABONAC RD

General Information

Property type Land
Property subtype Other
High school district East Hampton
Standard status Active
Lot size 2.55 Acres
Listing Agency: Simon Harrison Real Estate
Listed By: Victoria Smudzinski
Added: Nov 20, 2025 Changed: Jul 2 Last Checked: Jul 30 at 1:06PM
MLS# 11609553

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire 2.6 acres of multifamily-yield land less than 2 miles from the ocean in East Hampton. The offering consists of two adjacent 1.3-acre properties, being sold together to create a 2.6-acre compound with yield potential under East Hampton zoning. The combined properties at 173 & 175 Accabonac Rd allow for 4 units as-of-right, including two primary residences and two ADUs. The multifamily zoning allows additional configuration options. The site is suited for a multi-home family compound, investment cluster, or luxury development. The flat, usable, and private land consists of two separate tax lots, suitable for phased development or multi-home construction. There is room for multiple pools, pool houses, guest suites, artists' studios, garages or barns, and garden installations. 175 Accabonac features a clean 1.3-acre building envelope ready for a new residence, ADU, pool, or multifamily use. The location is 2 miles to Atlantic beaches and 1 mile to East Hampton Village, and minutes to restaurants, shops, schools, and marinas. This package is suited for family compounds, multi-home estates, rental clusters, and luxury development.

Key Highlights

  • Rare 2.6‑acre multifamily‑yield land less than 2 miles from the ocean in East Hampton.
  • As‑of‑right yield of 4 units: two primary residences and two ADUs.
  • Multifamily zoning allows for additional configuration options.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Dental Office HVAC Service Hair Salon Auto Parts Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 11937, NY

19,968
Population
14,277
Households
1.4
Avg Household Size
45
Median Age
52%
College-Educated
92%
High-School Grad
37.1 sq mi
ZIP Area
538
Density / Sq Mi
$122,489
Median Household Income
$49,954
Median Earnings
$2,904
Median Rent
$1,009,100
Median Home Value

Market

Properties on Market for Land in East Hampton

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 2.6 acres with multifamily zoning near the ocean.
Where is this land located?
The property is located at 173 & 175 ACCABONAC RD East Hampton, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Rare 2.6‑acre multifamily‑yield land less than 2 miles from the ocean in East Hampton.; As‑of‑right yield of 4 units: two primary residences and two ADUs.; Multifamily zoning allows for additional configuration options.
More about this property
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