About This Home

This 4-bedroom, 2-bathroom multi-family at 33 Locust Avenue #33 & 29 in Southampton, NY is listed for $999,999. Built in 1991, on a 0.46 acres lot.

Key Features

  • Built in 1991
  • 0.46 acre lot

Property Details

2 full
#33 & 29
1991

Amenities

A/C
Listing Description

RARE OPPORTUNITY in North Sea - Hamlet of Southampton. This 0.51-acre property is designated as a legal two-family, the property currently includes two detached ranch-style homes, each offering 2-3 bedrooms, 1 bathroom, and a basement (in each home). Both homes are in need of renovation, presenting a true blank canvas for investors, builders, or end users looking to create something special.

With ample space, the property can allow for the construction of even a new 2,500+ sq ft home with an in-ground pool, making it an ideal opportunity to maximize value. Property Highlights: - Legal two-family with R-10 zoning - Two detached homes on one lot - 0.51-acre parcel - FEMA Zone X - Strong income-producing potential or end-user flexibility

Located north of Southampton Village and the neighboring hamlets of Water Mill, Bridgehampton, and Sag Harbor. Enjoy close proximity to North Sea Harbor, Conscience Point Marina, and Town Point Beach, perfect for boating, waterfront activities, and scenic sunsets. Drive-by only. Property being sold as-is.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

33 Locust Avenue #33 & 29

Southampton, NY 11968

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full Bath

Property Details

Construction

Frame

Parking

Driveway

Heating

Oil

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 33 Locust Avenue is listed at $999,999. The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1991, 0.46 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath.

This property is listed by Matthew B. Arnold.

MA

Matthew B. Arnold

Agent at Netter Real Estate

Listed by Netter Real Estate · Broker phone: (631) 661-5100 · View on Broker Site · Broker website

MLS# 978940· Source: OneKey MLS· 213 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.

33 Locust Avenue #33 & 29, Southampton, NY 11968

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