466 Munsell Road, East Patchogue, NY 11772

• 4 beds |
• 2 baths |
• 2,018 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 11, 2026 at 7:20AM

Listing Office:

VYLLA Home : 888-575-2773

MLS ID:

949385

Interior

• General: First Floor BedroomEntrance FoyerMaster DownstairsWalk Through Kitchen
• Appliances: Electric Water Heater
• Basement: Unfinished
• A/C: Wall/Window Unit(s)
• Heating: Natural Gas
• Fireplace: Fireplace

Exterior

• Style: Cape Cod
• Parking: Driveway

Construction

• General: Two

Location

• Originating MLS: onekey2
• School District: South Country
• County: Suffolk County

Lot

• Zoning: 0200-975-90-03-00-005-001

Utilities

• Utilities: Electricity Connected
• Water: Public
• Sewer: Cesspool

Financial

• Source: onekey2