Skip To Content
    Return to Previous Page

    16 Penny Lane

    Hampton Bays, NY 11946
    • $6,500,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 3261531
    UPDATED: 30 min ago
    $6,500,000
    • 0
      BEDS
    • 0.96
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator



    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2020-10-26T12:17:01.16.
    www.signaturepremierhomesearch.com/homes/111045588
    Print Image

    16 Penny Lane Hampton Bays, NY 11946

    • Price: $6,500,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 3261531
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.96
    Acres
    Neighborhood:
    Southampton
    County:
    Suffolk
    Area:
    Southampton
    Property Description
    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.
    Exterior Features

    Business Parking Spaces 17 Loading Dock YN No

    Interior Features

    Cooling YN No

    Property Features

    Business Age 60 Business Name Drake Inn Business Type Hotel/MotelMixed Cross Street Shinnecock Road Net Operating Income 0.00 Property Sub Type Mixed Use

    Listing courtesy of Margaret Grioli of Douglas Elliman Real Estate.
    © 2020 OneKey MLS. All rights reserved.


    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2020-10-26T12:17:01.16.
     
    https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_3261531-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_3261531-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_3261531-2.jpg
    Logo
    Signature Premier Properties
    190 Laurel Rd
    East Northport NY, 11731