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62 Oak ST Westhampton Beach, NY 11978
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Key Details
Sold Price $7,500,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oak Street Villa Apartments
MLS Listing ID 830214
Sold Date 12/24/25
Rental Info No
Year Built 1988
Annual Tax Amount $28,779
Lot Size 1.050 Acres
Acres 1.05
Property Sub-Type Multi Family
Source onekey2
Property Description
RARE OPPORTUNITY - ~6% CAP Rate ----- (18) UNIT YEAR-ROUND IN-LINE APARTMENT COMPLEX in VILLAGE of WESTHAMPTON BEACH. Located on PRIME 1.05 ACRES South of the Highway. (18) Individual Gas & Electric Meters; (18) Individual Forced Hot Air Heating Units; Private Paved Parking; Private Mailboxes; Unparalleled WHB VILLAGE location with direct sidewalks leading to new DOWNTOWN WESTHAMPTON BEACH MAIN STREET with all new VILLAGE THEATERS; FINE DINING; PRIVATE GOLF COURSES and 5 MINUTES to DUNE ROAD OCEAN BEACHES and SEASIDE EVENTS 3 minutes to M.T.A./L.I.R.R. WESTHAMPTON BEACH STATION; HAMPTON JITNEY and coveted WHB SCHOOL DISTRICTS.
* FREE MARKET RENTS - FINANCIALS AVAILABLE with P.O.F /PRE-APPROVAL.
* LAST REMAINING FULL TIME / YEAR-ROUND ADD-VALUE OPPORTUNITY in HAMPTONS AREA
* MARKET/ ZONING BARRIERS PROHIBIT DUPLICATION
* STRATEGIC REPOSITIONING OPPORTUNITY
Location
State NY
County Suffolk County
Interior
Heating Natural Gas
Cooling Multi Units, Varies by Unit, Wall/Window Unit(s), Zoned
Fireplace No
Exterior
Parking Features Assigned, Off Street, Private
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Trash Collection Private, Water Connected
Total Parking Spaces 25
Building
Lot Description Cul-De-Sac, Landscaped, Near Public Transit, Near School, Near Shops, Private, Secluded, Split Possible, Sprinklers In Front, Stone/Brick Wall
Story 2
Foundation Concrete Perimeter
Sewer Cesspool
Water Well
Structure Type Brick
Schools
High Schools Westhampton Beach
School District Westhampton Beach
Others
Special Listing Condition None
Read Less
Bought with Kerrigan Country Realty
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