Hampton Bays, NY 11946,16 Penny LN

$4,150,000

$5,699,000

27.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/28/2025

Key Details

Sold Price $4,150,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID L3451682

Year Built 1990

Annual Tax Amount $14,167

Property Sub-Type Hotel/Motel

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.

Location

State NY

County Suffolk County

Interior

Heating Forced Air

Exterior

Waterfront Description Water Access

View Water

Building

Story 2

Sewer Cesspool

Others

Special Listing Condition None

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Listed by Corcoran • John G. Frangeskos
Bought with Corcoran

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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