Rare investment opportunity in Shinnecock Hills offering tremendous upside with a fully occupied seven-unit rental property on a 1.2+ acre parcel with R-20 zoning. The property includes three two-family homes, one additional house, and a detached garage, totaling approximately 3,799 sq. ft. Continue enjoying current rental income, explore use as a compound, or evaluate future subdivision potential, subject to all applicable approvals. Ideally located just a short distance from the sandy Peconic Bay beach, centrally located close to Hamptons restaurants, boating, bay beaches, ocean beaches and all the Hamptons has to offer.