Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Phillips
Property view
Listing view 2
Listing view 3

318 5th Avenue, 
Greenport, NY 11944

$1,250,000


6

Beds


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Nicholas J. Planamento

Joan H. Bischoff Van Heemskerck

William Raveis New York LLC.

Last updated:

May 6, 2025, 10:37 AM

MLS#

858046

Source:

LI

About This Home

318 5th Avenue

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!

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1900

Price Summary

1,250,000

MLS #:

858046

Last Updated:

May 6, 2025, 10:37 AM

Added:

a day ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Architectural Style:

Colonial, Cottage, Victorian

Year Built:

1900


Lot

Lot Size (Sq. Ft):

12,197


Finances & Disclosures

Finances

Price:

$1,250,000

Source:LI
Copyright 2025 OneKey MLS. All rights reserved. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.