$998,000
$191K PRICE DROP

761 E Main St Riverhead, NY 11901

Estimated payment $6,397/month

Total Views 15,930
6 Beds
4 Baths
3,500 Sq Ft
$285 Price per Sq Ft

Highlights

  • Barn
  • Wooded Lot
  • Victorian Architecture
  • 0.62 Acre Lot
  • Wood Flooring
  • Formal Dining Room

About This Home

Commercially Zoned Prime Investment Opportunity in the Heart of Riverhead. 2 income producing homes with rare DC-3 zoning, allowing for a wide range of residential and commercial uses, all on vibrant East Main Street! Taxes $14,456.79. The property: Nestled on .62 acres, this 3,000 sq. ft. Victorian masterpece (built in the early 1900's) radiates timeless charm and craftmanship. From its solid stone foundation to its original oak floors, ribbed oak columns, and grand mirrored oak fireplace, this home is true testament to "when wood was wood". Featuring: Three floors of living space, 4 spacious bedrooms and 3 full baths, Finished basement with outside entrance. Walk up finished attic with soaring ceilings. Expansive wraparound porch perfect for sunset views. Additional Structures: A cozy 2 bedroom cottage. 1700 sq ft building with plans in place for a third residence. Flexible zoning also allows for potential townhouse development. The location: Set in a park like setting, this property is minutes from Riverhead's best restaurants, theatre, shopping outlets, and just a short drive to the North Fork's beaches, vineyards, and farms. This is more than just a property. It is an opportunity to invest in the future of Riverhead while owning a piece of its history.

Listing Agent

Theodora Cohen

Bagshaw Real Estate L.L.C Brokerage Phone: 631-727-3713 License #30CO1174825 Listed on: 09/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,457

Year Built

  • Built in 1900

Lot Details

  • 0.62 Acre Lot
  • North Facing Home
  • Wooded Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Victorian Architecture
  • Frame Construction

Interior Spaces

  • Woodwork
  • Chandelier
  • Wood Frame Window
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry in Bathroom

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Private Parking
  • Shared Driveway

Schools

  • Roanoke Avenue Elementary School
  • Riverhead Middle School
  • Riverhead Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Oil
  • Propane
  • Phone Connected
  • Cable TV Available

Additional Features

  • Wrap Around Porch
  • Barn

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Legal Lot and Block 24.1 / 7
  • Assessor Parcel Number 0600-127-00-07-00-024-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,457

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Duplex
  • Year Built: 1900
  • Attribution Contact: 631-727-3713
  • Co List Office Mls Id: KEYBAGS01
  • Co List Office Phone: 631-727-3713
  • Carport Y N: No
  • CurrentPrice: 998000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.83936
  • ListPrice_By_LotSizeAcres: 1609677.4194
  • CurrentPrice_By_BuildingAreaTotal: 285.14286
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Full Bath, Chandelier, Eat-in Kitchen, Formal Dining, Natural Woodwork
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • Fireplace Features: Living Room
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Window Features: Oversized Windows, Wood Frames
  • Other Equipment: Fuel Tank(s)
  • Basement YN: Yes

Exterior Features

  • Direction Faces: North
  • Other Structures: Barn(s)
  • Construction Materials: Frame
  • Pool Private: No
  • Road Frontage Type: State Road
  • Spa: No
  • Patio and Porch Features: Porch, Wrap Around
  • Waterfront: No
  • Foundation Details: Stone

Garage/Parking

  • Total Parking Spaces: 6
  • Garage: No
  • Parking Description: Driveway, Private, Shared Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Oil
  • Laundry Features: In Bathroom
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Phone Connected, Propane, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Riverhead Middle School

Lot Info

  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 27007
  • Lot Features: Back Yard, Front Yard, Wooded
  • Parcel Number: 0600-127-00-07-00-024-001
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 14456.79
  • Tax Block: 7
  • Tax Lot: 24.1
  • Tax Year: 2025

MLS Schools

  • Elementary School: Roanoke Avenue School
  • High School: Riverhead Senior High School
  • Middle School District: Riverhead

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $12,346 $54,500 $10,800 $43,700
2023 $12,346 $54,500 $10,800 $43,700
2022 $9,819 $54,500 $10,800 $43,700
2021 $9,819 $54,500 $10,800 $43,700
2020 $11,367 $54,500 $10,800 $43,700
2019 $11,367 $0 $0 $0
2018 -- $54,500 $10,800 $43,700
2017 $10,690 $54,500 $10,800 $43,700
2016 $10,140 $54,500 $10,800 $43,700
2015 -- $54,500 $10,800 $43,700
2014 -- $48,000 $10,800 $37,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Price Changed $998,000 -5.0% $285 / Sq Ft
11/08/2025 11/08/25 Price Changed $1,050,000 -8.7% $300 / Sq Ft
11/07/2025 11/07/25 Price Changed $1,150,000 -3.3% $329 / Sq Ft
09/29/2025 09/29/25 For Sale $1,189,000 -- $340 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 913021

OneKey® MLS

APN: 473000 127.-7-24.1