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JOHN FRANGESKOS

M: (914) 602-3656

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24 Main St
Southampton, NY 11968

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  • Aerial view of waterfront homes with private docks and boats along a tree-lined shoreline.
Courtesy of Corcoran, John G. Frangeskos Listing Contact: 914-602-3656 

$4,150,000

16 Penny Lane, Hampton Bays, NY 11946

  • Sq.Ft.

    7,000

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Property Description

Presenting an exceptional opportunity to own an exclusive Hamptons waterfront resort. Unlike any other listing, this distinctive property offers fifteen contemporary renovated units, a main 3 bedroom residence with balcony, a waterside pool, 6 dock spaces for boating and water sports. This property is zoned as a resort waterfront business, providing investors and owners the power to fully pursue their creative vision, lifestyle and to be one of the select hotel owners in all of the Hamptons. With the potential for implementing a restaurant and entertainment environment, this space provides the flexibility needed to achieve your goals. Enjoy the unparalleled, panoramic water and sunset views of Shinnecock Bay. This one acre property is just minutes to Dune Road Ocean Beaches, waterfront dining and village shops.

Overview

Property Status
Sold
Date Sold
March 28, 2025
Lot Size
0.96 Acres
MLS ID
L3451682
Property Type
Commercial
Year Built
1990

Features & Amenities

Total Area
7,000 Sq.Ft.
Neighborhood
Southampton
Water Frontage
Water Access
View Description
Water
Stories
2
Heat Type
Forced Air
Sewer
Cesspool
Sales Price
$4,150,000
Real Estate Tax
$14,167/yr
Zoning
RWB

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Aerial view of waterfront homes with private docks and boats along a tree-lined shoreline.

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16 Penny Lane
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Waterfront home beneath mature trees, with a grassy lawn and sunset over the water.

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    JOHN FRANGESKOS

    m: (914) 602-3656

    ADDRESS 24 Main St Southampton, NY 11968

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    JOHN FRANGESKOS

    m: (914) 602-3656

    ADDRESS 24 Main St Southampton, NY 11968