Sound Avenue - Sound Avenue
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Sound Avenue - Sound Avenue
12.3 Acres of Residential Land Offered at $2,795,000 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
Sound Avenue, Aquebogue might have the North Fork's perfect address: located within the Town of Riverhead's Agriculture Protection Zone, the North Fork of Long Island AVA, on a Suffolk County-designated rural corridor between Phillips and Church Lanes, and across the street from the award-winning Massoud family's other wine estate, Palmer Vineyards. With full development capacity, development rights intact, Sound Ave is permitted for residential and/or agricultural-based business. Priced lower than market as per nearby, recently sold comparable properties, while offering the greatest development capacity, as per zoned use. The offering consists of 3 lots, totaling 12.30 acres, 6.10 acres, 4.40 acres, and 1.80 acres, west to east. Develop all together, or by lot; amazing Sound Avenue frontage, surrounded by picture-ready stables and assorted ag-businesses including vineyards, wine estates, specialty farms and residential properties; easily accessed by the LIE. All 3 lots are currently leased and planted to sod, all 3 lots receive full agricultural tax exemptions. Note: Suffolk County Tax Map and 2-sided brochure/marketing piece, which also includes Church Lane, attached.
Property Facts
Price | $2,795,000 | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 12.30 AC |
Price | $2,795,000 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 12.30 AC |
1 Lot Available
Lot 3 Lots
Price | $2,795,000 | Lot Size | 12.30 AC |
Price Per AC | $227,236 |
Price | $2,795,000 |
Price Per AC | $227,236 |
Lot Size | 12.30 AC |
Offering consists of 3 contiguous lots, fronting on the south side of Sound Avenue, currently leased and planted to sod from border-to-border, abutting land planted to sod; level, partially surrounded by trees along it's external borders.
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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Sound Avenue - Sound Avenue
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