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About the Listing DERE72 - 220559,217677
Welcome to 37 Lake Ave in Riverhead, a unique opportunity located within the Riverside Revitalization Project, RO-2 Overlay District. This property currently features a cozy 2-bedroom, 1-bathroom home offering comfortable living while presenting exceptional potential for future development. The existing home includes two well-sized bedrooms, a full bathroom, and a functional living space, making it suitable for immediate occupancy or rental. However, the true value lies in the property’s investment and redevelopment potential. Riverside is undergoing an exciting transformation, and this parcel is positioned at the center of that growth. A new sewer line installation planned for next year is expected to support expanded development and increased property value throughout the area. Preliminary concepts for the site suggest the potential for up to 7 residential apartments and 1 commercial unit, making it an attractive opportunity for investors, developers, or buyers looking to secure property in a growing community. Don’t miss the chance to own property in one of Riverhead’s emerging neighborhoods with promising long-term potential. Explore the possibilities at 37 Lake Ave today.
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Gas Range, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Forced Air,Oil
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Bilco Door(s),Full
- Other: First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 1 car
- Roof:
- Others:
- Sewer: Cesspool
- Parking Features: Detached
Financial Details
- Tax Amount: $3,780
- Taxes w/Assessments: N/A
- Tax/Property ID: 473600270080
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
37 Lake Ave Riverhead, NY 11901
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