Nearby rentals
Renter hub
Property management
Features
| Baseboard | Fireplace |
| Wall/Window Units | Window Units |
Appliances
| Dishwasher |
Grounds
| Garage Parking | Swimming Pool |
Other
| Eight Rooms | Exterior Type: Vinyl Siding |
| Oil |
One-time.
One-time. Refundable.
Property Status: Active Presenting a rare investment opportunity in Hampton Bays, this waterfront multifamily compound offers direct Shinnecock Bay views on Penny Pond with 80 feet of frontage, a 40-foot dock, and sandy beach access. Situated on 0.44 acres, the property features multiple income-producing structures, including a two-bedroom, two-bath main house with cathedral ceilings, a gourmet kitchen, and a living room with a fireplace. The asset also includes a two-bedroom cottage and a one-bedroom studio located above a detached two-car garage, with several units separately metered to provide flexibility for year-round rental income. Architectural plans and approvals are already in place to renovate and expand existing structures, which include a separate guest cottage and an 18-foot-by-36-foot gunite pool. Key property features include extensive landscaped grounds with a sprinkler system. This versatile property allows investors to reposition it as a boutique rental compound, operate it as a seasonal retreat, or redevelop it into a luxury waterfront estate. Located just minutes from ocean beaches at the gateway to the Hamptons, both homes are also available for lease. Call for additional details Available June 1st through Labor Day Office Phone: (631) 433-9992 Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 35 Gardners Ln compares to other nearby properties.
Positives
| Zip code | 11946 |
|---|---|
| Type | House for rent |
4-bedroom apartments at 35 Gardners Ln cost about 253% more than the average rent price for 4-bedroom apartments in Hampton Bays.
| Month | Median Rent |
|---|---|
| June 2024 | $15,000 |
| July 2024 | $15,000 |
| August 2024 | $15,000 |
| September 2024 | $12,812 |
| October 2024 | $10,625 |
| November 2024 | $12,330 |
| December 2024 | $15,625 |
| January 2025 | $13,750 |
| February 2025 | $18,000 |
| March 2025 | $18,200 |
| April 2025 | $19,500 |
| May 2025 | $20,000 |
| June 2025 | $22,500 |
| July 2025 | $24,000 |
| August 2025 | $18,378 |
| September 2025 | $14,180 |
| October 2025 | $9,571 |
| November 2025 | $11,900 |
| December 2025 | $14,750 |
| January 2026 | $16,928 |
| February 2026 | $15,642 |
| March 2026 | $18,250 |
| April 2026 | $20,250 |
| May 2026 | $18,400 |
Can I afford to live at 35 Gardners Ln?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$2,400,000/yr
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