16 Penny Lane

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

Lot Size

0.96 Acres

MLS ID

L3451682

Property Type

Commercial

Year Built

1990

Are you interested?

Schedule a Tour

John Frangeskos

(914) 602-3656 [email protected]

Features & Amenities

Total Area

7,000 Sq.Ft.

Neighborhood

Southampton

Water Frontage

Water Access

View Description

Water

Stories

Heat Type

Forced Air

Sewer

Cesspool

Sales Price

$4,150,000

Real Estate Tax

$14,167/yr

Zoning

RWB

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