37 Lake Avenue, Riverhead, NY 11901

Riverhead
Local realty services provided by:ERA Insite Realty Services
37 Lake Avenue,Riverhead, NY 11901
$549,000
  • 2 Beds
  • 1 Baths
  • 916 sq. ft.
  • Single family
  • Active
Listed by: amanda lin, peter d. halpin
Office: douglas elliman real estate
MLS#:965279
Source:OneKey MLS

Price summary

  • Price:$549,000
  • Price per sq. ft.:$599.34

About this home

Welcome to 37 Lake Ave in Riverhead, a unique opportunity located within the Riverside Revitalization Project, RO-2 Overlay District. This property currently features a cozy 2-bedroom, 1-bathroom home offering comfortable living while presenting exceptional potential for future development. The existing home includes two well-sized bedrooms, a full bathroom, and a functional living space, making it suitable for immediate occupancy or rental. However, the true value lies in the property’s investment and redevelopment potential. Riverside is undergoing an exciting transformation, and this parcel is positioned at the center of that growth. A new sewer line installation planned for next year is expected to support expanded development and increased property value throughout the area. Preliminary concepts for the site suggest the potential for up to 7 residential apartments and 1 commercial unit, making it an attractive opportunity for investors, developers, or buyers looking to secure...

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Home facts

  • Year built:1960
  • Listing ID #:965279
  • Added:1 day(s) ago
  • Updated:March 13, 2026 at 06:42 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Flooring:Hardwood
  • Dining Description:Eat-In Kitchen
  • Kitchen Description:Eat-in Kitchen, Refrigerator
  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Bilco Door(s), Full
  • Living area:916 sq. ft.

Heating and cooling

  • Heating:Forced Air, Oil

Structure and exterior

  • Year built:1960
  • Building area:916 sq. ft.
  • Lot area:0.27 Acres
  • Architectural Style:Ranch
  • Construction Materials:Frame

Schools

  • High school:Riverhead Senior High School
  • Middle school:Riverhead Middle School
  • Elementary school:Pulaski Street Elementary School

Utilities

  • Water:Public
  • Sewer:Cesspool

Finances and disclosures

  • Price:$549,000
  • Price per sq. ft.:$599.34
  • Tax amount:$3,780 (2025)

Features and amenities

  • Appliances:Refrigerator

Parking

  • Parking description:Detached
  • Garage:Yes
  • Garage spaces:1
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