About This Home
This 3-bedroom, 2-bathroom single family at 2 Gibb Lane in Islip, NY is listed for $775,000 ($364 per sqft). Built in 1960, the home offers 2,127 sqft of living space on a 0.61 acres lot.
Key Features
- Built in 1960
- 0.61 acre lot
- Waterfront
Property Details
Amenities
A rare opportunity to create a custom waterfront retreat at 2 Gibb Lane. Set along the water with an existing bulkhead and water access ramp, this exceptional property is being offered primarily for its land value and presents an exciting opportunity to renovate, rebuild, or create something entirely new.
The existing residence has sustained significant fire damage and is not currently habitable. Ideal for an end user, builder, or investor looking to capitalize on the property's waterfront setting and future potential. Set in a waterfront area of Islip, the property offers convenient access to boating and water recreation, local marinas and beaches,
as well as Islip's Main Street dining and shopping, LIRR transportation, and access to Fire Island. A unique opportunity to create a waterfront home and enjoy all that Long Island's South Shore has to offer. Property is being sold strictly as-is. Cash or qualified renovation/rehab financing only. Buyers are responsible for conducting their own due diligence regarding renovation, rebuilding, permits, bulkhead condition, and future use. DO NOT ENTER, WALK, OR ACCESS THE PROPERTY WITHOUT PRIOR PERMISSION
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2 Gibb Lane
Islip, NY 11751
Property Details
Construction
Parking
Heating
Questions & Answers
This 3-bedroom, 2-bathroom single family at 2 Gibb Lane is listed at $775,000 ($364/sqft). The estimated monthly payment is $4,145 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.61 acre lot, Waterfront.
This property is listed by Erin E. Fleischmann SRES and can be reached at 5168641977.
