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Sound Avenue - Sound Avenue 12.3 Acres of Residential Land Offered at $2,769,820 CAD in Aquebogue, NY 11931

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INVESTMENT HIGHLIGHTS

  • Location
  • Full Development Capacity
  • Price
  • 5th Largest Tract of Developable Land Publically Offered on the North Fork

EXECUTIVE SUMMARY

Amazing Sound Avenue frontage, on Long Island's North Fork. Located within the Town of Riverhead's/Agriculture Protection Zone, with DEVELOPMENT RIGHTS INTACT. APZ Zone is permitted for residential(with home business), agricultural, equestrian, schools & other small business. Priced lower than comparable SUBDIVIDED 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. All 3 lots together, offered at $2,000,000. Individual lots also available 1.8($500k.) 4.4($750.K) 6.1($950.k) This property has one of the best vistas and development possibilities left on the North Fork. Imagine your Residential properties ,Equestrian facility, Vineyard, Winery, Agritainment facility or small business 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 $2,769,820 CAD
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Hospitality
  • Garden Centre
  • Hold For Development
  • Hold For Investment
  • Horse Stables
  • Single Family Development
  • Winery or Vineyard
  • Agricultural
  • Agribusiness
  • Pasture Ranch
Total Lot Size 12.30 AC
Zoning APZ - AGRICULTURE PROTECTION ZONING: https://ecode360.com/RI0508, Chapter 301, Part 2, Article 7

1 LOT AVAILABLE

Lot 3 Lots

Price $2,769,820 CAD
Price Per AC $225,188.62 CAD
Lot Size 12.30 AC

12.3 acres/3 subdivided building lots (1.8/4.4/6.1 acres) A.P.Z. D.R.I. sold together $2,000,000. Sold seperately 1.8($500.k) / 4.4($750.k) / 6.1($950.k)

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
$101,597 CAD
Improvements Assessment
$0 CAD
Total Assessment
$101,597 CAD
  • Listing ID: 34777313

  • Date on Market: 2024-08-01

  • Last Updated:

  • Address: Sound Avenue, Aquebogue, NY 11931

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