Homes of the Hamptons and Surrounding Areas

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16 Penny Lane
Hampton Bays, NY 11946
MLS# 3261531 ID: 67389494
$6,500,000
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Property Description
Business Opportunity - Hampton Bays, NY An investment opportunity like no other, The Drake Inn offers all the best the Hamptons has to offer. Fifteen contemporary units completely renovated in a sleek modern design, new navy style bulkhead with 6 boat slips. This spectacular waterfront property has an updated inground pool along with a modern, main residence consisting of three bedrooms, five baths, a roof deck with sunset views, and a spacious sun-drenched office. The Drake Inn is a landscaped oasis and not only a lucrative investment opportunity but is also rated in the top 10% of hotels worldwide by trip advisor. Reviews from Millions of Trip Advisor Travelers Place The Drake Inn in the top 10% Worldwide! Recipient of the Tripadvisor Travelers' Choice 2020 award, as well as Certificate of Excellence for the past five years since 2014. Located on a peninsula, the property's water access and boat slips lead directly to Shinnecock Bay. Minutes to the Ponquogue Bridge, Dune Road beaches, waterfront dining, and village.
Property Features
Status
Days On Market 48 days
Last Updated December 1, 2020
Market Status Available
Description
Property Type Commercial
Listing Features
Property Type Commercial;
Offered By:
Margaret Grioli
Douglas Elliman Real Estate

Data Provided by OneKey MLS


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