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$1,200,000
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Property Description
Charming Legal 3-Family Home in Greenport, NY Don't miss this rare gem on the market for the first time in nearly 50 years! This exceptional property offers a unique opportunity to own a distinguished late 19th-century Victorian that has been thoughtfully converted into a three-family residence, preserving its exquisite original details. Delight in the added bonus of a cozy stand-alone cottage, in addition to the two-family attached home, in the backyard, along with four independent garages, a charming shed, and ample room for a pool, beautiful gardens, or whatever your heart desires. With its spacious and sun-soaked oversized lot, you'll relish the vibrant Village of Greenport lifestyle, all within walking distance of public transportation, trendy shops, enticing restaurants, and the inviting beach! **Unit Descriptions:** - Unit One graces the primary floor, featuring a warm living room adorned with a grand bay window, a generous kitchen, a full bathroom, and three expansive bedrooms, perfect for relaxation and gatherings. - Unit Two occupies the second floor and is accessed through a classic double front door leading from a broad porch, through the original foyer and up a stairwell. This charming unit boasts large rooms, a complete kitchen, a full bathroom, and access to the attic. Recently used as a three-bedroom apartment, it also features a back stairway that opens up to the serene garden. - Unit Three is at the rear of the property, nestled quietly apart from the main house, you'll find a delightful one-bedroom cottage. This enchanting space includes two floors: a warm living room, a spacious kitchen, a lovely bathroom, and an airy loft bedroom and office space with attic access that beckons for personalized flair. Completing this extraordinary property is a four-car garage, with each unit operating independently-secure, convenient, and easily rentable. Each apartment has access to on-site laundry facilities, and the expansive parcel of land is waiting for your creative touch. Whether you envision a sanctuary for yourself while renting out the additional units or seek to capitalize on the investment potential, this truly unique offering is brimming with possibilities and charm!
Full Property Details
Full Property Details for 318 5th Ave
General
- Sold For: $1,200,000
- Taxes: $9,518
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 858046
- Added to Site: 257 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Original Details, Pantry, Storage, Washer/Dryer Hookup
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: Suffolk County
- Cross Streets: Main
- Driving Directions: Main Road to 5th Avenue, North ... house on eastside.
School Information
- High School District: Greenport
- Elementary School: Greenport Elementary School
- Middle School: Greenport High School
- High School: Greenport High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Natural Gas Available, Sewer Available, Trash Collection Private, Water Available
Structural Information
- Architectural Style: Colonial, Cottage, Farmhouse, Other, Victorian
- Detached/Attached: Detached
- Construction: Clapboard
- Basement: Yes
- Basement Desc.: Bilco Door(s)
- Year Built: 1900
Additional Structures
- Other Structures: Outbuilding, Shed(s)
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
Financial Considerations
- Tax Amount: $9,518.49
Disclosures and Reports
- Special Conditions: None
- Property ID: 1001-004-00-05-00-015-000
- Block: 4
- Lot Number: 15
Listed by William Raveis New York LLC
Sold by Richmond Realty Corp
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Schools
Schools serving 318 5th Ave
School District:Greenport Union Free School District
| Name | Grades | Distance |
|---|---|---|
Greenport Elementary School 720 Front Street, Greenport, NY 11944 | PK-6 | 0.2 mi |
Greenport High School 720 Front Street, Greenport, NY 11944 | 7-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 5th Ave
Date
Details
Price
Change
Source
7/21/2025
Sold
$1,200,000
-4%
MLS
5/05/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 5th Avenue, Greenport, NY 11944 (MLS# 858046) is a Multi-Family property that was sold at $1,200,000 on July 21, 2025. Want to learn more about 318 5th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greenport? You can browse all Greenport real estate or contact a Coldwell Banker agent to request more information.
