The Next Key Team
MLS#978940
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSouthampton
Property Description
RARE OPPORTUNITY in North Sea - Hamlet of Southampton. This 0.51-acre property is designated as a legal two-family, the property currently includes two detached ranch-style homes, each offering 2-3 bedrooms, 1 bathroom, and a basement (in each home). Both homes are in need of renovation, presenting a true blank canvas for investors, builders, or end users looking to create something special. With ample space, the property can allow for the construction of even a new 2,500+ sq ft home with an in-ground pool, making it an ideal opportunity to maximize value.Property Highlights: Legal two-family with R-10 zoning Two detached homes on one lot 0.51-acre parcel FEMA Zone X Strong income-producing potential or end-user flexibilityLocated north of Southampton Village and the neighboring hamlets of Water Mill, Bridgehampton, and Sag Harbor. Enjoy close proximity to North Sea Harbor, Conscience Point Marina, and Town Point Beach, perfect for boating, waterfront activities, and scenic sunsets.Drive-by only. Property being sold as-is.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bilco Door(s), Partial, Unfinished
Cooling: Wall/Window Unit(s)
Heating: Oil
Lot Size: 0.46 Acres
Taxes: $3,044
Year Built: 1991
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Attic: Partial, Unfinished
Days on Site: 198
Exterior: Frame
Fencing: Chain Link, Perimeter
Green Energy Generation: Solar
Heating Zones: 2
Lot Features: Level
On Market Date: 2026-04-28
Parcel Number: 0900-076-00-04-00-045-000
Parking Features: Driveway
Rental Term: Monthly
Sewer: Cesspool
Units: 2
Utilities: Electricity Connected, Water Connected
Water: Public
Local Schools
High School: Southampton High School
Middle School: Southampton Intermediate School
Elementary School: Southampton Elementary School
School District: Southampton
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Estimated Payment
$ 2,770.90 per month $2,225.57 Principal & Interest $253.67 Property Tax $291.67 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Netter Real Estate Inc
Agency Contact: 631-661-5100
Shown By
Agent Name: The Next Key Team
Agent Phone:
Agency Title: Laffey Real Estate
33 Locust Avenue, Unit 33 & 29 | MLS# 978940
This multi-family property located at 33 Locust Avenue, Unit 33 & 29, Southampton, NY 11968 is currently listed for sale with an asking price of $999,999. Locust Avenue, Unit 33 & 29 is located within the Southampton school district. Search Southampton real estate on thenextkeyteam.laffey.com today.