74 Foster Ave - Storefront Retail/Residential FOR SALE


Hampton Bays, NY 11946
$2,750,000 USD
631-723-2721
74 Foster Ave, Hampton Bays, NY for Sale
$2,750,000 USD
Storefront Retail/Residential - FOR SALE
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null | Request Cap Rate

74 Foster Ave
Hampton Bays, NY 11946


OVERVIEW

Fantastic Opportunity to own a Fully-Operational 1.14-acre Marina Property located on a prime waterfront site with access to Shinnecock Bay! The facility includes 28 boat slips with deep-water access, a fully-rented office with an attached garage, a separate garage/shop as well as an additional 4-Bedroom, 2-Bath Residence with its own garage, providing another source of steady income. Tenants currently occupying the home on a month-to-month rental basis. The property boasts a generously sized yard with room for a pool, additional parking or winter storage. The Marina features 320 feet of new plastic bulk-heading, ensuring extra-durability and low maintenance. The floating decking is only 10 years old, also constructed of durable plastic. The Marina offers strong boating appeal, and presents compelling opportunities for commercial marina operators, a waterfront hospitality expansion, or marine-related enterprises. The location is near to all the fabulous waterfront restaurants and establishments that Hampton Bays is renowned for, and allows for easy access to Shinnecock Bay and the great Atlantic Ocean! Ideally positioned for an owner/operator to reside where they work. Dream Big and Bold and turn this Marine opportunity into something spectacular!!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$1,392 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

RWB

APN/PARCEL ID

0900-323-00-05-00-013-000

ASK ABOUT THIS PROPERTY

Richard ConnellyDouglas EllimanMore Info
631-723-2721

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Richard ConnellyDouglas EllimanMore Info
631-723-2721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.