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About This Home

This 8-bedroom, 4-bathroom residential multi family at 250 Main Road in Riverhead, NY is listed for $1,295,000. Built in 1860, on a 1.24 acres lot.

Agent Description

PRIME LOCATION FOR OPPORTUNITY Positioned along scenic Main Road in Riverhead, this rare investment opportunity combines size, style, and location on an impressive 1.24-acre parcel. This stately Colonial-style duplex offers 3,900 square feet of living space across two spacious rental units- currently generating income, with a possible 3rd that is unfinished.

Inside, you'll find a total of 8 bedrooms and 4 bathrooms, offering incredible flexibility for multigenerational living, rental expansion, or creative reconfiguration. A generously sized parking lot ensures ample off-street parking for residents and guests alike.

Surrounded by the charm of Long Island's North Fork, this property is moments from local farms and acclaimed vineyards, with easy access to the area's best dining, recreation, and coastal attractions. Whether you're looking to expand your rental portfolio or explore new development potential, 250 Main Road delivers both immediate value and long-term upside in one of Riverhead's most desirable spots.

Key Features

  • Built in 1860
  • 1.24 acre lot

Property Details

4 full
1860

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

250 Main Road

Riverhead, NY 11901

Features & Amenities

Interior Features

First Floor Full Bath

Property Details

Construction

Frame

Parking

Driveway

Heating

Natural Gas

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 250 Main Road is listed at $1,295,000. The estimated monthly payment is $5,612 based on 20% down at 6.5% interest.

Key features include: Built in 1860, 1.24 acre lot. Interior Features: First Floor Full Bath.

This property is listed by Dana M. Gabriel and can be reached at 6312416976 or dana.gabriel@elliman.com.

DG

Dana M. Gabriel

Agent at Douglas Elliman Real Estate

(631) 241-6976

Listed by Douglas Elliman Real Estate · View on Broker Site

MLS# 958586· Source: listhub· Updated 117 days ago

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250 Main Road, Riverhead, NY 11901

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