Debra C. Roberts
Licensed Associate Real Estate Broker
Realtor, Equal Housing Opportunity, Coldwell Banker Premier Office
New Hartford, NY
Cell: (315) 796-2830 Office: (315) 768-1680 Fax: (877) 410-2701
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134 Ponquogue Avenue , Hampton Bays, NY 11946

New - 3 Hours Ago
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Property Description

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 the 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.

134 Ponquogue Avenue | MLS# 993318

This single family home located at 134 Ponquogue Avenue , Hampton Bays, NY 11946 is currently listed for sale with an asking price of $1,550,000. This property was built in 1994 and has 5 bedrooms and 3 full baths with 2782 sq. ft. Ponquogue Avenue is located within the Hampton Bays school district. Search Hampton Bays real estate on debra-roberts.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Heating: Oil, Other
Home Style: Other
Lot Size: 0.73 Acres
Taxes: $0
Year Built: 1994

Amenities

Other

Feature Descriptions

Appliances: Other
Building Area Total: 2782
Exterior: Frame
On Market Date: 2026-05-01
Parcel Number: 0900-295-00-05-00-054-001
Parking Features: Other
Rental Term: Monthly
Rooms Total: 8
Sewer: Other
Utilities: See Remarks
Water: Public

Local Schools

High School: Hampton Bays High School
Middle School: Hampton Bays Middle School
Elementary School: Hampton Bays Elementary School
School District: Hampton Bays

Estimate Your Payment

Estimated Payment

$ 3,901.71 per month $3,449.63 Principal & Interest $0.00 Property Tax (data not provided by mls) $452.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Douglas Elliman Real Estate
Agency Contact: 631-288-6244

Shown By

Agent Name: Debra C. Roberts
Agent Phone: (315) 796-2830 Primary
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/01/2026. The listing information on this page last changed on 05/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/01/2026 10:59:48 AM EST) or Global MLS (last updated Fri 05/01/2026 10:52:59 AM EST) or New York State Alliance MLS (last updated Fri 05/01/2026 10:55:30 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 05/01/2026 10:51:42 AM EST) or OneKey MLS (last updated Fri 05/01/2026 10:56:47 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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