Property Description

Prime development and investment opportunity located south of Montauk Highway in Patchogue. 466 Munsell Road features a recently approved 2-lot subdivision offering both immediate rental income and future development potential.

Lot 1 includes a 2-story, 4-bedroom, 2-full-bath home with significant recent improvements, including a brand-new septic system and waterline, new electrical service and panel, new gas boiler and hot water tank, and a second full bathroom added in the unfinished basement. The basement offers both interior and exterior access. The existing home is currently rented with a valid rental permit, producing approximately $4,000 per month in rental income.

Lot 2 is a vacant parcel with subdivision approval in place, providing the opportunity to construct a new 2-story residence. Proposed plans call for a 7-bedroom, 4-bathroom home (plans available upon request).

A rare opportunity to acquire a cash-flowing property with approved subdivision in a high-demand South Shore location.

Features
Heating System:
Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Unfinished
Appliances:
Electric Water Heater
Interior Features:
Master Downstairs, Entrance Foyer, Walk Through Kitchen, First Floor Bedroom
Parking Features:
Driveway
Sewer:
Cesspool
Utilities:
Electricity Connected
Address Map
City:
Brookhaven
State:
NY
Street:
Munsell
Street Number:
466
Street Suffix:
Road
Postal Code:
11772
Floor Number:
0
Longitude:
W73° 2' 39''
Latitude:
N40° 46' 13.5''
PostalCity:
East Patchogue
Additional Information
Architectural Style:
Cape Cod
Construction Materials:
Cedar, Shake Siding
Elementary School:
Verne W Critz Elementary School
High School:
Bellport Senior High School
Levels:
Two
Agent MlsId:
160562
MiddleOrJunior School:
Bellport Middle School
PhotosCount:
1
Special Listing Conditions:
No
Tax Annual Amount:
$7,324
Water Source:
Public
Office MlsId:
JOTS01

Residential - MLS# 949385

466 Munsell Road, Brookhaven, NY

4 Bedrooms
2 Bathrooms
2,018 Sqft
$950,000
Listing ID #949385
Basic Details
Property Type :
Residential
Property SubType :
Single Family Residence
Listing Type :
For Rent
Listing ID :
949385
Price :
$950,000
Rooms :
6
Bedrooms :
4
Bathrooms :
2
Bathrooms Total :
2
Square Footage :
2,018 Sqft
Building Area :
2,018 Sqft
Lot Area :
0.99 Acre
Year Built :
1932
Status :
Active
Listing Agent :
Bryan Whalen
Listing Office :
VYLLA Home
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore