Sound Avenue - Sound Avenue
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Sound Avenue - Sound Avenue
12.3 Acres of Residential Land Offered at $1,995,000 in Aquebogue, NY 11931
INVESTMENT HIGHLIGHTS
- Location
- Full Development Capacity
- Price
- 5th Largest Tract of Developable Land Publically Offered on the North Fork
EXECUTIVE SUMMARY
Major price improvement and motivated seller. Amazing Sound Avenue frontage, on Long Island's North Fork. Located within the Town of Riverhead's Agriculture Protection Zone, with development rights INTACT. Sound Avenue is permitted for residential or agricultural based business. Priced lower than market as per nearby, recently sold comparable properties, while offering the greatest development capacity, per zoned use. The offering consists of 3 subdivided lots, totaling 12.30 acres, 6.10 / 4.40 /1.80 acres, west to east. Develop all together, or by lot. This property has one of the best vistas and development possibilities left on the North Fork. Equestrian facilities, Vineyards, Wineries, Agritainment and High end residential properties are all permitted. All 3 lots are currently leased and planted to sod, and receive full agricultural tax exemptions. Income producing with current tennant. Purchase of adjoining 59.5 acres APZ development rights SOLD will give the ultimate in possiblities.
PROPERTY FACTS
| Price | $1,995,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Condition | Build to Suit | Total Lot Size | 12.30 AC |
| No. Lots | 1 |
| Price | $1,995,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 12.30 AC |
1 LOT AVAILABLE
Lot 3 Lots
| Price | $1,995,000 | Lot Size | 12.30 AC |
| Price Per AC | $162,195.12 |
| Price | $1,995,000 |
| Price Per AC | $162,195.12 |
| Lot Size | 12.30 AC |
12.3 acres APZ development rights intact. Residential & agricultural development. 3 subdivided lots 1.8/4.4/6.1 fronting Sound Avenue. Currently leased and planted to sod. Ready to build
DESCRIPTION
795 feet fronting on Sound Avenue, currently farmed, planted to sod, edge to edge.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $72,100 | Total Assessment | $72,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$72,100
Improvements Assessment
$0
Total Assessment
$72,100
ZONING
| Zoning Code | APZ (AGRICULTURE PROTECTION ZONING: https://ecode360.com/RI0508, Chapter 301, Part 2, Article 7) |
| APZ (AGRICULTURE PROTECTION ZONING: https://ecode360.com/RI0508, Chapter 301, Part 2, Article 7) |
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Presented by
Ahkobaug Farms
Sound Avenue - Sound Avenue
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