37 Lake Avenue, Riverhead, NY 11901
- $510,000
- 2
- BD
- 1
- BA
- 916
- SqFt
- Sold Price
- $510,000
- Days on Market
- 98
- Closing Date
- Jun 30, 2026
- MLS#
- 965279
- Status
- CLOSED
- Property Type
- Single Family Residence
- Style
- Ranch
- Year Built
- 1960
- Property Tax
- $3,780
- School District
- Riverhead
- High School
- Riverhead Senior High School
- Jr. High
- Riverhead Middle School
- Elementary School
- Pulaski Street Elementary School
Property Description
Welcome to 37 Lake Ave in Riverhead, a unique opportunity located within the Riverside Revitalization Project, RO-2 Overlay District. This home is in township of Southampton. It has very low taxes. 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.
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Additional Information
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Square Footage
- 916
- Acres
- 0.27
- Parking
- Detached
- Basement
- Bilco Door(s), Full
- Heating
- Forced Air, Oil
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Cesspool
Mortgage Calculator
Listing courtesy of Listing Agent: Amanda Lin (amanda.lin@elliman.com) from Listing Office: Douglas Elliman Real Estate.
Selling Office: Buyer Representation Office.Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.