Home » Real Estate » NY » East Patchogue » 11772 » 466 Munsell Road, East Patchogue, NY, 11772
$950,000

466 Munsell Road, East Patchogue, NY, 11772

4 Beds
2 Baths
2,018 Square Feet
Prime development and investment opportunity located south of Montauk Highway in Patchogue. 466 Munsell Road features a recently approved 2-lot subdivision offering both immediate rental income and future development potential. Lot 1 includes a 2-story, 4-bedroom, 2-full-bath home with significant recent improvements, including a brand-new septic system and waterline, new electrical service and panel, new gas boiler and hot water tank, and a second full bathroom added in the unfinished basement. The basement offers both interior and exterior access. The existing home is currently rented with a valid rental permit, producing approximately $4,000 per month in rental income. Lot 2 is a vacant parcel with subdivision approval in place, providing the opportunity to construct a new 2-story residence. Proposed plans call for a 7-bedroom, 4-bathroom home (plans available upon request). A rare opportunity to acquire a cash-flowing property with approved subdivision in a high-demand South Shore location.
Offered By
Bryan Whalen, VYLLA Home

Property Details

Property Type Residential
Status Active
Bedrooms 4
Bathrooms (Full) 2
Property Sub Type Single Family
Square Feet 2,018
MLS # 949385

Market Trends

New Properties On Market
44
57% Increase In New Listings
Average Asking Price
$651,510
$132,493 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$423
$159 Increase In List Price/Sq. Ft.
Average Days On Market
5
17 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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