62 Oak St - Apartments FOR SALE


Westhampton Beach, NY 11978
$7,775,000 USD
631-394-0733
62 Oak St, Westhampton Beach, NY for Sale
$7,775,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

62 Oak St
Westhampton Beach, NY 11978


HIGHLIGHTS

  • PRIME HAMPTONS MULTI FAMILY OPPORTUNITY (18 UNITS) -
  • LAST REMAINING ADD VALUE in the HAMPTONS AREA
  • LUXURY DEMOGRAPHIC ZIP CODE
  • STEPS to NEW DOWNTOWN MAIN STREET WESTHAMPTON BEACH

OVERVIEW

***** RARE OPPORTUNITY - (18) UNIT YEAR-ROUND IN-LINE APARTMENT COMPLEX in VILLAGE of WESTHAMPTON BEACH. ****** Located on PRIME 1.05 ACRES - South of the Highway in luxury demographic of Westhampton Beach (18) Individual Gas & Electric Meters; (18) Individual Forced Hot Air Heating Units; Private Paved Parking; Private Mailboxes; Unparalleled WHB VILLAGE location with direct sidewalks leading to new DOWNTOWN WESTHAMPTON BEACH MAIN STREET with all new VILLAGE THEATERS; FINE DINING; PRIVATE GOLF COURSES and 5 MINUTES to DUNE ROAD OCEAN BEACHES and SEASIDE EVENTS 3 minutes to M.T.A./L.I.R.R. WESTHAMPTON BEACH STATION; HAMPTON JITNEY and coveted WHB SCHOOL DISTRICTS. * FREE MARKET RENTS * LAST REMAINING FULL TIME / YEAR-ROUND ADD-VALUE OPPORTUNITY in HAMPTONS AREA * MARKET/ ZONING BARRIERS PROHIBIT DUPLICATION * STRATEGIC REPOSITIONING OPPORTUNITY * PASSIVE INCOME or HANDS-ON INVESTMENT (for added strategic SEASONAL LEASING) FINANCIALS AVAILABLE with P.O.F /PRE-APPROVAL. CALL DIRECT for INQUIRES

FOR SALE DETAILS

PRICE

$7,775,000 USD

PRICE/SF

$600 USD /SF

# OF UNITS

18

PRICE/UNIT

$431,944

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

R4

APN/PARCEL ID

0905-005-00-03-00-020-000

ASK ABOUT THIS PROPERTY

Todd RomanoHampton Estates RealtyMore Info
631-394-0733

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Todd RomanoHampton Estates RealtyMore Info
631-394-0733

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.