127 Inlet Road W Hampton Bays, NY $ 3,500,000
127 Inlet Road W
$ 3,500,000
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127 Inlet Road W

Hampton Bays, NY, 11946
$ 3,500,000
Bedrooms-- Baths-- Sq 4,497

Monthly Estimate*

$ 21,550

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Commercial Property for sale in Hampton Bays, NY

for $3,500,000. This 4,497 square foot building was built in 1989 on a lot size of 0.8.

Presenting a rare opportunity to acquire a compound enclave just 100 yards from beach access to Peconic Bay. Located at 127 Inlet Road West, at the gateway to Southampton, this property comprises five free-standing residences on a beautifully landscaped 0.80-acre parcel. The compound is anchored by a four-bedroom, three-bath main house, complemented by four additional residences: Cottage 1 (two bedrooms/one bath), Cottage 2 (one bedroom/one bath), Cottage 3 (two bedrooms/one bath), and Cottage 4 (two bedrooms/one bath). Each residence is year-round, renovated, well-appointed, separately metered, and offers private outdoor space. Shared amenities include an outdoor shower, multiple garden lounge areas, a productive vegetable and fruit garden, ample storage sheds for bikes and kayaks, shared laundry facilities, and three large parking areas. The property has a long rental income history, with several units offered fully furnished. Importantly, historical rents achieved at this compound were significantly higher than current levels, underscoring the potential for strong upside through repositioning, management optimization, or targeted marketing. This makes the asset particularly attractive for investors seeking value-add opportunities in a high-demand location. With its proximity to Peconic Bay, flexible unit mix, and established rental track record, the compound is well-suited for a variety of uses including a boutique bed and breakfast, year-round rental investment, wellness retreat, or family compound. The property is located in the Hamlet of Shinnecock Hills within the Tuckahoe School District.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 5,977

Style

Multi Family

Lot Size

0.8

Year Built

1989

Town/City

Hampton Bays

County/Region

Suffolk

MLS | Web ID

968703

Features
General
Sewer Cesspool
Heating Forced Air
Cooling Central Air
Utilities None
Zoning R20
Construction Materials Cedar Shingle Siding
Year Built 1989
Property Subtype Multi Family
Tax Year 2025
Parcel Number 0900-191-00-04-00-027-001
County Suffolk County
Property Type Commercial Sale
City Southampton
Number Of Units Total 5
Property Attached Y/N N
Tax Annual Amount 5977.12
Showing Instructions Please call or text Estefania Zuluaga 631-902-3315 24-hour notice tenant in place.
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 659600
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Interior
Basement Common
Basement Features Common
Basement (Y/N) Y
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Exterior
Parking Features Driveway Off Site Driveway Off Site
Water Source Public
Building Area Total 4497
Waterfront Y/N N
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Internal Only
Street Number 1 127
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* Excluded Features
List By
Estefania E. Zuluaga

Listing Agent

Douglas Elliman Real Estate

Broker

631-288-6244

Contact

Affordability Calculator

$22,048
Per Month
98%
2%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$3,500,000 Listed Price

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127 Inlet Road W, Hampton Bays, NY, 11946 is a Commercial Property for sale at $3,500,000 with 4,497 sqft and a lot size of 0.8. 127 Inlet Road W was built in 1989. The property's zip code is 11946 which is in Hampton Bays, NY