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Hampton Bays, NY Multifamily Home for Sale

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    $2,845,000

    • 10 Beds
    • 7 Baths
    • 3,750 Sq Ft

    73 North Rd, Hampton Bays, NY 11946

    Experience a rare offering in the Hamptons -- a turnkey compound of four detached residences nestled on a generous .6-acre parcel moments from coveted Peconic Bay beach access. This well-maintained property presents versatile investment potential as a year-round rental portfolio, a boutique bed & breakfast, or a generational compound. Situated east of the Shinnecock Canal, these residences are

    Lylla Carter Saunders & Associates

    73 North Rd, Hampton Bays, NY 11946

Why Live in Hampton Bays

Hampton Bays, NY, is a coastal community known for its vibrant boating culture, surrounded by water on three sides, including the Shinnecock Canal. Residents enjoy year-round waterfront activities such as boating, fishing, and swimming, with access to Great Peconic Bay and Ponquogue Beach, located about 3 miles away. The area offers a mix of unique architectural styles, including cottages and modern homes, alongside traditional ranch and colonial designs. While the median home price is significantly higher than the national average, it remains more affordable compared to other Hamptons areas. Despite the severe risk of high winds during hurricane season, flooding risk is minor, and crime rates are below the national average. Hampton Bays hosts the San Gennaro Feast, a lively Italian festival, and offers fresh seafood dining options like Cowfish and Out of the Blue. The community features Hampton Bays Plaza with major retailers, a movie theater, and a farm stand for fresh produce. The Hampton Bays Union Free District has a favorable student-to-teacher ratio. Transportation is facilitated by Sunrise Highway and Montauk Highway, with the Long Island Rail Road providing access to Montauk and New York City. Nearby, Stony Brook Southampton Hospital is just over 8 miles away, supporting the local workforce in education and healthcare.

Home Trends in Hampton Bays, NY

Housing Trends

Median Sale Price
$935,000
Median Single Family Sale Price
$950,000
Median Townhouse Sale Price
$850,000
Median 2 Bedroom Sale Price
$629,500
Median 1 Bedroom Sale Price
$305,000
Average Price Per Sq Ft
$657
Number of Homes for Sale
9
Last 12 months Home Sales
39
Months of Supply
2.80
Median List Price
$975,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-53%
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