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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
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
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0600-021-00-02-00-018-006
  • 0600-021-00-02-00-018-007
  • 0600-021-00-02-00-018-009
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)
  • Listing ID: 32656855

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: Sound Avenue, Aquebogue, NY 11931

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