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Two-Home Multifamily Property
For Sale
$1,100,000

45 Peconic Rd, Southampton, NY 11968

A wooded half-acre parcel includes separate residences with month-to-month occupants near a sandy Peconic Bay beach.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market17

Property Features for 45 Peconic Rd

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence Some TLC is needed

Units

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

Taxes and HOA fees

Annual Taxes $5,186

Building Details

Buildings 2
Listing Agency: Coldwell Banker Reliable R E
Listed By: Anthony Lubrano
Source: Exprealty
Added: Sep 11 Changed: Sep 22 Last Checked: Sep 26 at 12:30PM

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 Coldwell Banker Reliable R E

Investment Insights

Based on property information with market context.

This multifamily property consists of two separate homes on a wooded half-acre parcel. The primary residence is a brick ranch with three bedrooms, a living room, eat-in kitchen, full basement, oil heat, knotty pine interior details, and a deck. The second home includes two bedrooms, a kitchen, living room, one bath, full basement, and electric heat.

Both residences are occupied under month-to-month rental arrangements. Tenants pay their own electric and heat costs. The property is located at 45 Peconic Rd in Southampton, NY, a few short blocks from a sandy beach on Peconic Bay. Some TLC is needed.

Key Highlights

  • Two separate homes on a wooded 0.5‑acre parcel
  • Brick ranch includes 3 bedrooms, full basement, eat‑in kitchen, oil heat, and deck
  • Second residence offers 2 bedrooms, 1 bath, full basement, and electric heat

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Pharmacy Furniture & Home Goods Garden Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 11968, NY

14,467
Population
10,444
Households
1.4
Avg Household Size
46
Median Age
61%
College-Educated
98%
High-School Grad
26.9 sq mi
ZIP Area
538
Density / Sq Mi
$146,138
Median Household Income
$64,959
Median Earnings
$2,068
Median Rent
$1,171,100
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?
Multifamily property - A wooded half-acre parcel includes separate residences with month-to-month occupants near a sandy Peconic Bay beach.
Where is this multifamily property located?
The property is located at 45 Peconic Rd Southampton, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two separate homes on a wooded 0.5‑acre parcel; Brick ranch includes 3 bedrooms, full basement, eat‑in kitchen, oil heat, and deck; Second residence offers 2 bedrooms, 1 bath, full basement, and electric heat
More about this property
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