62 Oak Street, Westhampton Beach, NY 11978

$7,500,000

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Sold Price
$7,500,000
Days on Market
161
Closing Date
Dec 24, 2025
MLS#
830214
Status
CLOSED
Property Type
Multi Family
Year Built
1988
Property Tax
$28,779
Subdivision
Oak Street Villa Apartments
Neighborhood
Westhampton Beach
School District
Westhampton Beach

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

Additional Information

Acres
1.05
Parking
Assigned, Off Street, Private
Stories
2
Heating
Natural Gas
Cooling
Multi Units, Varies by Unit, Wall/Window Unit(s), Zoned
Water
Well
Sewer
Cesspool

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Todd Romano CBR (todd@hamptonestatesrealty.com) from Listing Office: Hampton Estates Realty LLC.

Selling Office: Kerrigan Country Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.