About This Home

This 0-bedroom, 0-bathroom commercial at 127 Inlet Road W in Hampton Bays, NY is listed for $2,900,000. Built in 1989, on a 0.80 acres lot.

Key Features

  • Built in 1989
  • 0.80 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
8 spaces
1989

Amenities

A/C
Listing Description

RARE FIVE-UNIT INVESTMENT COMPOUND & LOW TAXES | HAMPTON BAYS, NY. A rare five-unit compound on 0.80-acre property, in Hampton Bays, featuring a two-story main house and four detached cottages, each separately configured and currently leased. Just locks from the Shinnecock Bay shore line.

This exceptional offering features a spacious two-story main house with 4 bedrooms and 4 full bathrooms, plus four detached cottages consisting of three 2-bedroom units and one 1-bedroom unit, each with its own full bathroom. The property also offers 8 parking spaces, providing added convenience for residents.

Currently fully occupied, all five residences generate a combined $213,600 in gross annual rental income, with reported annual operating expenses of $36,249 and an estimated net operating income of $177,351. Ideally located near Shinnecock Bay, beautiful beaches, shopping, dining, and recreational amenities, this distinctive property combines the charm of Hamptons coastal living with established rental income and long-term investment potential.

An outstanding opportunity for investors seeking a diversified rental portfolio in one of Long Island's desirable East End communities. All information, rental income, expenses, and property uses should be independently verified.

Monthly Cost Estimate

$15,510/mo

20% down · 6.5% · 30 years

Principal$2,097
Interest$12,567
Insurance$846

Estimates only. Actual payments may vary.

Location

127 Inlet Road W

Hampton Bays, NY 11946

Property Details

Construction

Advanced Framing Technique

Parking

Driveway

Heating

Natural Gas

Cooling

Central AirWall/Window Unit(s)Varies by UnitWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 127 Inlet Road W is listed at $2,900,000. The estimated monthly payment is $15,510 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 0.80 acre lot, 2 stories, 8 parking spaces.

This property is listed by Celia M. Santos.

CS

Celia M. Santos

Agent at Laffey Real Estate

Listed by Laffey Real Estate · Broker phone: (888) 289-6902 · Broker website

MLS# 1063571· Source: OneKey MLS· 11 days on PropertySimple

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

127 Inlet Road W, Hampton Bays, NY 11946

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