Waterfront
Address
16 Penny Lane Hampton Bays, NY
Price
$ 6,500,000
Property Attributes
- MLS#3261531
- TypeBusiness Op
- CountySUFFOLK
- CityHampton Bays
- Area31
- NeighborhoodSouthampton
- Zip11946
- StyleMixed Use
- Price$ 6,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.96 Acres
Listing Provided Courtesy Of:
Margaret R Grioli with Douglas Elliman Real Estate
Data Source:
OneKey MLS
Property Description
An investment opportunity like no other, The Drake Inn offers all the best the Hamptons has to offer. Fifteen contemporary units completely renovated in a sleek modern design, new navy style bulkhead with 6 boat slips. This spectacular waterfront property has an updated inground pool along with a modern, main residence consisting of three bedrooms, five baths, a roof deck with sunset views, and a spacious sun-drenched office. The Drake Inn is a landscaped oasis and not only a lucrative investment opportunity but is also rated in the top 10% of hotels worldwide by trip advisor. Reviews from Millions of Trip Advisor Travelers Place The Drake Inn in the top 10% Worldwide! Recipient of the Tripadvisor Travelers' Choice 2020 award, as well as Certificate of Excellence for the past five years since 2014. Located on a peninsula, the property's water access and boat slips lead directly to Shinnecock Bay. Minutes to the Ponquogue Bridge, Dune Road beaches, waterfront dining, and village.
| Price History | |
|---|---|
| 10/15/2020 | Listed $6,500,000 |
General Features
| Buildingareaunits | Square Feet |
|---|---|
| Business Name | Drake Inn |
| Business Type | Hotel/Motel, Mixed |
| Property SubType | Mixed Use |
| Property Type | Business Opportunity |
| Township | Southampton |
| Waterfront Features | Canal Access, Creek, Waterfront |
Exterior Features
| Businessparkingspaces | 17 |
|---|---|
| Loading Docks | 6 |
| Lot Size Acres | 0.9600 |
| Lot Size Area | 0.9600 |
| Lot Size Source | Other |
| Lot Size Square Feet | 42000.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 11946
Price
Visits
Walkscore
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