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134 Ponquogue Avenue

Hampton Bays, NY 11946
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Bed 5

Bed

Bath 3

Bath

SqFt2,782

Sqft

Acres0.73

Acre(Lot)

This prime legal three-unit multi-family property in the heart of Hampton Bays offers an exceptional investment and development opportunity on a generous 0.73-acre lot. The two-story, 2,782-square-foot residence features 5 bedrooms and 3 full bathrooms, thoughtfully configured to generate consistent rental income with all units currently tenant-occupied and separately metered. Because tenants pay all utilities, the asset maintains extremely low operating expenses, providing immediate cash flow and long-term security. Strategically located minutes from the area's vibrant shopping, dining, and world-class beaches, the property benefits from high year-round demand. Furthermore, the expansive lot and the positioning of the existing home provide significant redevelopment potential, including th e possibility of adding additional structures or accessory units to enhance the rent roll and overall value. Whether expanding a portfolio or seeking a high-yield asset at the gateway to the Hamptons, this legal multi-family property delivers on location, income stability, and future growth potential.

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Detail Ic Property Details

Property Type : Residential

Price : $1,550,000

AD Id : 77908128

MLS Id : 993318

Beds : 5

Lot Size : 0.73 Acre

Living Area Size : 2,782

Year Built : 1994

County : Suffolk

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 8 Basement: None
  • Interior Features

    Other Appliances: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Other Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1994 Building Area Total: 2782 Construction Materials: Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.73 Lot Size Square Feet: 31799

  • Listing Price Information

    Listing Price: $1550000

  • Tax Information

    Parcel Number: 0900-295-00-05-00-054-001

  • Parking Information

    Other

  • School Information

    Elementary School: Hampton Bays Elementary School
    Junior High School: Hampton Bays Middle School
    Senior High School: Hampton Bays High School
  • Utility Information

    See Remarks
  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3 Old Boathouse Lane, Hampton Bays, NY, 11946 $1,995,000 3 4 2,161 2,161 SqFt
127 Inlet Road, Hampton Bays, NY, 11946 $3,500,000 4 3 --
22 Peconic Crescent, Hampton Bays, NY, 11946 $3,200,000 2 3 1,860 1,860 SqFt
5 Huckleberry Lane, Hampton Bays, NY, 11946 $1,850,000 3 4 2,540 2,540 SqFt
67 North Road #A, Hampton Bays, NY, 11946 $625,000 2 1 800 800 SqFt
68 Foster Avenue #9, Hampton Bays, NY, 11946 $1,749,000 3 3 2,051 2,051 SqFt
24 Woodridge Road, Hampton Bays, NY, 11946 $899,000 4 2 1,558 1,558 SqFt
6 Bay View Drive, Hampton Bays, NY, 11946 $1,497,000 4 3 3,286 3,286 SqFt
67 Wakeman Road, Hampton Bays, NY, 11946 $929,000 3 2 1,245 1,245 SqFt
20 Penny Lane, Hampton Bays, NY, 11946 $3,495,000 5 5 4,258 4,258 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/12/2026 @ 21:27

MLS: 993318 LISTED BY: Kimberly Cammarata, Douglas Elliman Real Estate 631-288-6244 SOURCE: OneKey MLS

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