62 Oak St, Westhampton Beach, NY

Multi-family for Sale - $7,775,000 - 11,200 Sq. Ft. on 1.05 acres


Agent Info

Todd Romano
Hampton Estates Realty

Property Info

CIMLS#1173986
Location
  62 Oak St
  Westhampton Beach NY 11978
UpdatedJune 23rd, 2025
TypeMulti-family
Price$7,775,000
Building11,200 Sq. Ft.
Land1.05 acres

Property Description

RARE MULTI UNIT OPPORTUNITY - OFFERRED AT OWNER OPERATED 6% CAP w/ "REAL" ADD VALUE & EPANSION OPPORTUNITY --- NO DREAMERS PLEASE -

(18) UNIT YEAR-ROUND

IN-LINE APARTMENT COMPLEX in VILLAGE of WESTHAMPTON BEACH. Located on PRIME 1.05 ACRES South of the Highway. 17 UNITS are (2) BED/ (1) Ba. each & one unit (1) Bed/ (1) Ba.

RARE SEPARATE UTILITIES w/ (18) Individual Gas & Electric Meters

RARE w/ (18) Individual in Unit Forced Hot Air Heating Units

Private Paved Parking; Private On-Site Mailboxes; Electronic Lawn Sprinklers;

* Unparallelled 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. LUXURY DEMOGRAPHIC AREA

* FREE MARKET RENTS - NEVER A VACANCY

* LAST REMAINING YEAR-ROUND MULTI UNIT ADD-VALUE OPPORTUNITY in HAMPTONS AREA

* MARKET/ ZONING BARRIERS PROHIBIT DUPLICATION * STRATEGIC REPOSITIONING OPPORTUNITY / AIR BnB / Seasonal etc...

** ALSO, POSSIBLE EXPANSION OPPORTUNITY - CALL FOR DETAILS

* FINANCIALS AVAILABLE with BUYERS P.O.F /PRE-APPROVAL.

CELL: 631.394.0733. TROMANO@HAMPTONESTATESREALTY.com


Financials

CALL FOR FINACIALS