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62 Oak Street

Westhampton Beach, NY 11978
  • $7,775,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 830214
$7,775,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1988
County:
Area:

School Information

High School:
School District:

Description

RARE OPPORTUNITY - ~6% CAP Rate ----- (18) UNIT YEAR-ROUND IN-LINE APARTMENT COMPLEX in VILLAGE of WESTHAMPTON BEACH. Located on PRIME 1.05 ACRES South of the Highway. (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 - FINANCIALS AVAILABLE with P.O.F /PRE-APPROVAL. * LAST REMAINING FULL TIME / YEAR-ROUND ADD-VALUE OPPORTUNITY in HAMPTONS AREA * MARKET/ ZONING BARRIERS PROHIBIT DUPLICATION * STRATEGIC REPOSITIONING OPPORTUNITY

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-18T07:19:04.8.
www.sheilestate.com/homes/161022255
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62 Oak Street Westhampton Beach, NY 11978

  • Price: $7,775,000
  • Status: Active
  • On Site: 75 Days
  • MLS #: 830214
0
Beds
0
Baths
0
½ Baths
1.05
Acres
1988
Built
Neighborhood:
Oak Street Villa Apartments
County:
Suffolk
Area:
Southampton
High School:
Contact Agent
School District:
Westhampton Beach
Property Description
RARE OPPORTUNITY - ~6% CAP Rate ----- (18) UNIT YEAR-ROUND IN-LINE APARTMENT COMPLEX in VILLAGE of WESTHAMPTON BEACH. Located on PRIME 1.05 ACRES South of the Highway. (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 - FINANCIALS AVAILABLE with P.O.F /PRE-APPROVAL. * LAST REMAINING FULL TIME / YEAR-ROUND ADD-VALUE OPPORTUNITY in HAMPTONS AREA * MARKET/ ZONING BARRIERS PROHIBIT DUPLICATION * STRATEGIC REPOSITIONING OPPORTUNITY
Exterior Features

Construction Materials Brick Cross Street Mill Rd Foundation Details Concrete Perimeter Lot Features Cul-De-SacLandscapedNear Public TransitNear SchoolNear ShopsPrivateSecludedSplit PossibleSprinklers In FrontStone/Brick Wall Parking Features AssignedOff StreetPrivate Parking Total 25 Property Attached YN No Stories Total 2 Waterfront YN No

Interior Features

Basement YN No Cooling Multi UnitsVaries by UnitWall/Window Unit(s)Zoned Elevator YN No Number Of Heat Units 18 Number Of Heating Zones 18

Property Features

Additional Fees YN No Building Area Total 11200 Building Features Walk Up Building Name APARTMENT COMPLEX UNITS #1-18 Community Features CurbsSidewalks Electric Company PSEG Lot Size Area 45944 Number Of Separate Electric Meters 18 Number Of Separate Gas Meters 18 Property Condition Actual Property Sub Type Multi Family Sewer Cesspool Special Listing Conditions None Sprinkler System YN Yes Street View Param 1$40.818660681760704$-72.64673263077752$75.04$-15.81$1.00$leqKg kS6DVrORsCzlHyrw Tax Annual Amount 28779 Tax Source Municipality Tenant Pays ElectricityGasHeat Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer AvailableTrash Collection PrivateWater Connected Village Westhampton Beach Water Source Well Zoning MULTI UNIT RESIDENTIAL

Listing courtesy of Todd Romano Cbr of Hampton Estates Realty LLC: 631-288-6333
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-18T07:19:04.8.
 
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Sheil Estate | Coldwell Banker Realty
338 Route 202
Somers NY, 10589