37 Lake Ave Riverhead, NY 11901
Estimated payment $3,226/month
Highlights
- Ranch Style House
- 1 Car Detached Garage
- Bathroom on Main Level
- Wood Flooring
- Eat-In Kitchen
- Forced Air Heating System
About This Home
Welcome to 37 Lake Ave in Riverhead, a unique opportunity located within the Riverside Revitalization Project, RO-2 Overlay District. This home is in township of Southampton. It has very low taxes. This property currently features a cozy 2-bedroom, 1-bathroom home offering comfortable living while presenting exceptional potential for future development. The existing home includes two well-sized bedrooms, a full bathroom, and a functional living space, making it suitable for immediate occupancy or rental. However, the true value lies in the property’s investment and redevelopment potential. Riverside is undergoing an exciting transformation, and this parcel is positioned at the center of that growth. A new sewer line installation planned for next year is expected to support expanded development and increased property value throughout the area. Preliminary concepts for the site suggest the potential for up to 7 residential apartments and 1 commercial unit, making it an attractive opportunity for investors, developers, or buyers looking to secure property in a growing community. Don’t miss the chance to own property in one of Riverhead’s emerging neighborhoods with promising long-term potential. Explore the possibilities at 37 Lake Ave today.
Listing Agent
Douglas Elliman Real Estate Brokerage Phone: 631-354-8100 License #10401367043 Listed on: 03/12/2026
Co-Listing Agent
Douglas Elliman Real Estate Brokerage Phone: 631-354-8100 License #10401360502
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,780
Year Built
- Built in 1960
Lot Details
- 11,761 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Frame Construction
Interior Spaces
- 916 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Schools
- Pulaski Street Elementary School
- Riverhead Middle School
- Riverhead Senior High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Connected
- Cesspool
Listing and Financial Details
- Assessor Parcel Number 473600270080
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $206,400 | $92,600 | $113,800 |
| 2024 | -- | $206,400 | $92,600 | $113,800 |
| 2023 | -- | $206,400 | $92,600 | $113,800 |
| 2022 | $3,151 | $206,400 | $92,600 | $113,800 |
| 2021 | $3,151 | $211,800 | $92,700 | $119,100 |
| 2020 | $3,411 | $211,800 | $92,700 | $119,100 |
| 2019 | $3,411 | $0 | $0 | $0 |
| 2018 | -- | $178,400 | $71,300 | $107,100 |
| 2017 | $3,118 | $178,400 | $71,300 | $107,100 |
| 2016 | $3,168 | $178,400 | $71,300 | $107,100 |
| 2015 | -- | $178,400 | $71,300 | $107,100 |
| 2014 | -- | $178,400 | $71,300 | $107,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $549,000 | -- | $599 / Sq Ft |
Source: OneKey® MLS
MLS Number: 965279
APN: 473689 138.000-0001-106.000
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