Property profile

48 Old Country Rd East Quogue, NY 11942

OFF-MARKET
Land
Property ID
US63-0119105
6.5 ac lot
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Property summary

AI-generated overview

This exceptional 6.5-acre property in the desirable East Quogue hamlet of Southampton Town presents a rare development opportunity. Zoned R20, allowing for subdivision into half-acre lots, this level parcel offers a potential yield of twelve individual residential building sites. The land is beautifully wooded with mature hardwoods, pine, and scrub oak, providing a tranquil setting while remaining conveniently close to the quaint shops, markets, and restaurants of the East Quogue Hamlet. The property's location outside the Long Island Central Pine Barrens ensures streamlined development. Nearby are the renowned ocean beaches and the highly-regarded East Quogue school district, boasting a newly renovated elementary school with state-of-the-art facilities. Easy access to Westhampton Beach and Southampton adds to the appeal. City water is available. Permitted uses include single-family homes, agriculture, horse farms, campgrounds, nurseries, and more. Note that a contiguous 3.8-acre parcel, also subdividable into eight lots, is available for purchase, offering a combined total of 10.3 acres and a potential for twenty lots. This is one of the last remaining development properties in the area, making it an exceptional investment opportunity. The asking price for this 6.5-acre parcel is $2,880,000. The property is located at 48 Old Country Rd, East Quogue, NY 11942.

Property profile

Verified
Property type Land
Lot 6.5 ac (283,140 SF)
UPID US63-0119105

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

48 Old Country Rd East Quogue, NY 11942
East Quogue metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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