RARE OPPORTUNITY in North Sea – Hamlet of Southampton Located in an up-and-coming section of Southampton, this 0.51-acre property is designated as a legal two-family, the property currently includes two detached ranch-style homes, each offering 2–3 bedrooms, 1 bathroom, and a basement (in each home). Both homes are in need of renovation, presenting a true blank canvas for investors, builders, or end users looking to create something special. With ample space, the property can allow for the construction of even a new 2,500+ sq ft home with an in-ground pool, making it an ideal opportunity to maximize value. Property Highlights: • Legal two-family with R-10 zoning • Two detached homes on one lot • 0.51-acre parcel • FEMA Zone X • Strong income-producing potential or end-user flexibility Located north of Southampton Village and the neighboring hamlets of Water Mill, Bridgehampton, and Sag Harbor. Enjoy close proximity to North Sea Harbor, Conscience Point Marina, and Towd Point Beach, perfect for boating, waterfront activities, and scenic sunsets. Drive-by only. Property being sold as-is.
Listed by Matthew B. Arnold
·
Netter Real Estate Inc
·
631-661-5100
Listed by Christine M. Brown
·
Netter Real Estate Inc
Last updated April 29, 2026
·
Source: OneKey #978940
Listing Facts
TypeMulti-family
NeighborhoodNorth Sea
Bedrooms4
Bathrooms2
Days on Prevu2
Taxes$3,044.44/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
04/28/2026
Listed by Netter Real Estate Inc
$1,199,999
Property Details for 33 Locust Avenue 33 & 29
Exterior
Construction
Number Of Units Total: 2
Property Condition: Fixer
Year Built: 1991
Construction Materials: Frame
Features
Fencing: Chain Link, Perimeter
Measurements
Building Area Units: Square Feet
Lot Features: Level
Lot Size Acres: 0.46
Lot Size Square Feet: 20,038
Financial
Taxes
Parcel Number: 0900-076-00-04-00-045-000
Tax Annual Amount: $3,044.44
Tax Assessed Value: $517,200.00
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Bilco Door(s), Partial, Unfinished
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Other
Location
Tax Block: 4.00
Tax Lot: 45.000
Parking
Parking
Parking Features: Driveway
Schools
Elementary School
Elementary School: Southampton Elementary School
Elementary School District: Southampton
High School
High School: Southampton High School
High School District: Southampton
Middle or Junior School
Middle Or Junior School: Southampton Intermediate School
Middle Or Junior School District: Southampton
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Oil
Sewer: Cesspool
Utilities: Electricity Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 4 bedrooms and 2 bathrooms in this multi-family home at 33 Locust Avenue 33 & 29.
What schools are nearby to 33 Locust Avenue 33 & 29?
Nearby schools include the Southampton Elementary School, Southampton Intermediate School Middle School, and Southampton High School.
What are the annual taxes for 33 Locust Avenue 33 & 29?
Annual taxes for this multi-family home are estimated at $3,044.
33 Locust Avenue 33 & 29 is a 4-bedroom, 2-bath multi-family home for sale in Southampton NY 11968. Available on Prevu for 2 days at $1,199,999. This property is located in North Sea. The median listing price for multi-family homes in this area is $2,995,000. Nearby schools include Southampton Elementary School, Southampton Intermediate School Middle School, and Southampton High School. Additional amenities include parking. Browse more multi-family home listings in Suffolk County.
The data relating to real estate for sale on this website comes in part from the IDX
Program of OneKey™ MLS. The source of the displayed data is either the property owner
or public record provided by non-governmental third parties. It is believed to be reliable
but not guaranteed. This information is provided exclusively for consumers’ personal,
non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.