Church Lane Aquebogue NY, 11931 Riverhead
$4,495,000
ML# 3422737
Property Picture

Available in Aquebogue, three opportunities in the heart of the North Fork’s agricultural district. Option 1: 12.30 Development Rights Intact acreage, fronting on Sound Avenue, consisting of 3 parcels. Option 2: 59.50 Development Rights Sold acreage, fronting on Church Lane, consisting of one parcel. Option 3: 12.30 DRI acres and 59.50 DRS acres combined, totaling 71.80 acres - the listing price represents Option 3. All 71.80 acres are leased, currently planted to sod, edge to edge, income producing. Agricultural tax exemptions in effect for all 71.80 acres because all 71.80 acres/4 parcels are farmed. The 59.50 acre parcel fronting on Church Lane contains a densely wooded area representing approximately 1/6 of the parcels total acreage, the remaining 5/6 is planted to sod. The 12.30 acres, 3 parcels, fronting on Sound Avenue is farmed to sod. Easily reached from the South Fork, western Long Island, southern Connecticut.

    Beninati Associates
    Beninati Associates Real Estate Licensed Real Estate Broker (631) 765 5333 (631) 765 5225 broker@beninatiassociates.com